Wells Fargo on Wednesday announced the launch of a program that the wirehouse said was focused on recognizing and supporting financial advisors who serve clients within the sports and entertainment sectors.
In conjunction with the new program's launch within the firm's Wells Fargo Wealth & Investment Management division, the firm announced the introduction of a Sports & Entertainment Accredited Wealth Management Advisor (SE-AWMA) designation.
The SE-AWMA designation is a "first-of-its-kind" professional designation that Wells Fargo said is being offered by the College for Financial Planning, a Kaplan company.
As a result of the new program and designation, "financial advisors serving clients in these industries will be even more equipped to help with their clients' unique financial needs, including sudden wealth, uneven income flows, philanthropy, and wealth and legacy planning," according to the company.
Wells Fargo pointed out that it "has a long history of serving the complex needs of clients with significant wealth."