Overview
- The bank signed a 50,000‑square‑foot lease at Related Ross’s One Flagler tower, with the office slated to open in August 2026.
- About 100 mostly senior employees are expected to relocate by the end of 2026, with additional hiring planned in the market.
- Wells Fargo says several WIM leaders will be based in West Palm Beach, while others remain in New York, St. Louis and Charlotte.
- The shift would make Wells Fargo the first major U.S. bank to base its wealth‑management operations in Florida.
- The wealth unit generated roughly $16 billion in revenue last year, about one‑fifth of the bank’s total, and the One Flagler lease brings the tower to full occupancy.