Wells Fargo Advisors has modified its exchange-traded-fund (ETF) model portfolios, Investment News reports. The company will now offer its advisers about 27 models across three categories, tactical, cyclical and strategic.
Each category consists of nine models ranging from long-term growth to conservative income. Wells Fargo has also reduced the costs of some of the models from 2.25% to 2%.
Click here for the story from Investment News.