Wells Fargo Hiring 1,400 Brokers This Year

Wells Fargo will hire 1,400 brokers this year, a company spokeswoman told Reuters on Friday. The San Francisco-based bank is bolstering its expanding Wells Fargo Advisors unit. Last year the company recruited 1,300 brokers and 400 trainees. This year Wells Fargo plans to lure 1,000 experienced brokers from its rivals and train 400 new recruits to the profession. Wells Fargo finished 2009 with 14,961 advisers, according to Reuters.