Our History

Wells Capital Management was formed in 1996 from existing investment management teams that have been in place since the early 1980s. We have the resources and backing of our parent company, Wells Fargo Bank, N.A., and the operational freedom to manage our business as a leading independent institutional investment manager.

Since 1998, WellsCap has grown to offer a full range of investment strategies through both organic growth and a series of successful mergers and acquisitions. Today, we offer a wide variety of investment strategies across the asset-class spectrum, which allows us to provide depth of product to meet the diverse needs of our clients globally.


WellsCap created the Multi-Asset Solutions Team, responsible for developing and managing multi-asset class investment solutions for institutional clients, leveraging the investment capabilities across Wells Fargo Asset Management (WFAM).
WellsCap and Wells Fargo & Company (Wells Fargo) completed the acquisition of EverKey Global Partners, an investment boutique that offers global equity strategies to institutional clients.
Wells Fargo completed the acquisition of Wachovia Corporation. The acquisition brought Evergreen Investments into WFAM. Evergreen's core, traditional teams joined the array of diverse and autonomous teams within WellsCap.
Wells Fargo acquired the assets and investment teams of Strong Financial Corporation (Strong). Strong's mutual funds merged into Wells Fargo Funds, and the Strong investment teams and separate account assets became part of WellsCap.
WellsCap and Wells Fargo acquired Benson Associates, LLC, a Portland, Oregon-based value equity manager.

WellsCap and Wells Fargo acquired the core investment products of Montgomery Asset Management, LLC, a San Francisco-based investment management firm and subsidiary of Commerzbank.
Norwest Corporation merged with Wells Fargo. Consequently, the institutional asset management practices of the respective firms were combined under WellsCap.
WellsCap was established from existing investment management teams that have been in place since the early 1980s.

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© 2018 Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company. These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC. Certain products managed by WFAM entities are distributed by Wells Fargo Funds Distributor, LLC (a broker/dealer and Member FINRA).

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Wells Capital Management® is a registered service mark of Wells Fargo & Company.