Wells Fargo Advisors says it has hired John Tyers to lead its independent advisor group, which includes Wells Fargo Advisors Financial Network (or FiNet), First Clearing and the bank's RIA custody business.
Tyers most recently was chief growth officer for the fintech firm AdvisorEngine. Earlier, he led the private wealth business of Citizens Financial Group. He also spent seven years at Merrill Lynch, six years at Bear Stearns and six years at Charles Schwab; for the latter two firms, he focused on custody services and platforms for RIAs, independent broker-dealers, single- and multi-family offices, and trust companies.
As part of Tyers' appointment, the heads of both FiNet — Kent Christian — and First Clearing — John Peula — will report to him starting Friday. Tyers will report to Jim Hays, head of Wells Fargo Advisors.
