"This market has always been driven by entrepreneurs," says Mary Mewha, senior vice president and regional managing director for Wells Fargo Family Wealth in San Francisco.
"They want to be involved in decision-making, and they want a great deal of control.
says very wealthy clients are drawn to Wells because they want "security and longevity," especially after the financial crisis.
"The bank came through the crisis extremely well, and we're getting calls as a result," she
Clients of Wells Fargo
Advisors Family Wealth office, who must have a minimum of $50 million in liquid assets, are more often than not, bank customers as well.
"Over 80 percent of our business comes from internal referrals," Mewha