It's debatable if the fiduciary standard is 'higher' than suitability. But the better question might be, who's holding the bar?
DENVER, Jan. 22 -- Wells Fargo issued the following news release:
Wells Fargo Insurance, part of Wells Fargo & Company (NYSE: WFC), has named Jon Lindstrom managing director for its Colorado offices. Lindstrom will lead business development, client service and sales, and cross-sell for the company's insurance operations in Colorado. Based in Denver, he will report to Howard McClure, regional managing director for Wells Fargo Insurance's Southwest region.
"Jon brings extensive knowledge of this market and tremendous industry expertise to this role," said McClure. "Colorado is a very important market for Wells Fargo Insurance. I'm confident that under Jon's leadership our business will grow as we continue to serve more of our customers' insurance needs."
Lindstrom joined Wells Fargo Insurance in 2012 as a Commercial Bank sales executive in the Denver market. Prior to joining Wells Fargo, he worked at Arthur J. Gallagher, and also held various roles at Willis Group Holdings including vice president of business development and regional practice leader for the Real Estate Division. Lindstrom was also the founder of Lindstrom & Associates, Inc., a commercial brokerage firm based in the Denver Metro area. His areas of expertise include development and construction risk management as well as commercial distressed assets and portfolios.
Lindstrom has a bachelor's degree in Ethics/Philosophy from Washington State University and received his MBA from Seattle Pacific University. He is also an executive board member at the Colorado Associate of Home Builders.
Wells Fargo Insurance'sColorado region includes two offices and approximately 60 team members who provide insurance services to Wells Fargo's business banking, middle market, large corporate, and high net worth customers in the region.
TNS-LE 130123-4174665 StaffFurigay