Wells Fargo head of equity strategy Chris Harvey resigns

Wells Fargo head of equity strategy Chris Harvey resigns

Wells Fargo has announced that Chris Harvey, the head of equity strategy, has resigned from his position at the company. This news comes amidst a series of high-profile departures and strategic shifts within the financial services sector.

Harvey's resignation follows a series of significant changes at Wells Fargo, including the recent addition of new teams from RBC and Thrivent Financial. The bank has been actively recruiting talent to bolster its advisory teams and expand its client base. According to the latest reports, Wells Fargo has welcomed a new team from RBC Wealth Management in Seal Beach, California, and another team from Thrivent Financial in Wisconsin.

The resignation of Chris Harvey coincides with the ongoing transformation of Wells Fargo under the leadership of CEO Charlie Scharf. Scharf was appointed CEO in 2019 following the bank's fake sales scandal and has since led a series of initiatives aimed at rebuilding the company's reputation and improving its financial performance. In June 2025, Wells Fargo announced that Scharf would be named chairman of the board, a move that underscores the board's approval of his leadership.

The resignation of Chris Harvey is part of a broader trend of high-profile departures in the financial services industry. In August 2025, Stephens, a family-owned investment firm, hired a key advisor from JPMorgan, while Raymond James extended its recruitment streak by welcoming three new advisor teams. These moves reflect the competitive nature of the industry and the ongoing efforts of firms to attract top talent.

The exact reasons for Chris Harvey's resignation have not been disclosed, but it is clear that the financial services industry is experiencing a period of significant change and transformation. As firms seek to adapt to evolving market conditions and regulatory environments, the recruitment and retention of top talent will remain a critical priority.

References:
[1] https://www.investmentnews.com/independent-broker-dealers/advisor-moves-raymond-james-snags-advisor-teams-from-rbc-wells-fargo-thrivent/261652
[2] https://dailyhodl.com/2025/08/09/lawsuit-accuses-wells-fargo-of-wrongfully-charging-fees-to-potential-clients-failing-to-adequately-reimburse-victims-report/
[3] https://insurancenewsnet.com/oarticle/wells-fargo-ceo-gets-another-title-and-a-30-million-equity-grant