Wells Fargo & Company Wealth Management — Personnel decreased by 5.6% to $2.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $2.82B to $2.70B. Over 3 years (FY 2022 to FY 2025), Wealth Management — Personnel shows an upward trend with a 5.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may signal headcount growth or higher performance-based compensation, while a decrease may indicate cost-cutting or efficiency initiatives.
The total costs associated with compensating employees within the wealth management segment, including salaries, benefit...
Standard operating expense category; peers report this to show the cost of talent in advisory services.
wfc_segment_wealth_management_personnel| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.34B | $2.34B | $2.34B | $2.34B | $2.44B | $2.44B | $2.44B | $2.44B | $2.68B | $2.53B | $2.55B | $2.67B | $2.82B | $2.63B | $2.76B | $2.86B | $2.70B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.1% | +0.0% | +0.0% | +0.0% | +9.9% | -5.7% | +1.0% | +4.6% | +5.5% | -6.6% | +4.8% | +3.7% | -5.6% |
| YoY Change | — | — | — | — | +4.1% | +4.1% | +4.1% | +4.1% | +9.9% | +3.7% | +4.7% | +9.5% | +5.2% | +4.1% | +8.0% | +7.1% | -4.3% |