Wells Fargo Advisors Expanding in St. Louis

5 years 10 months 3 weeks ago Friday, July 27 2012 Jul 27, 2012 Friday, July 27, 2012 2:59:00 PM CDT July 27, 2012 in News
By: Associated Press

ST. LOUIS (AP) - The financial services firm Wells Fargo Advisors is expanding its St. Louis office and plans to create 400 jobs in the city.

The company, the nation's third-largest retail brokerage firm, made the announcement on Friday.

Plans call for Wells Fargo to spend $33 million to renovate and expand its downtown St. Louis headquarters. The jobs will be created over a three-year period.

The company is getting help from the state in the form of an economic incentive package worth $12.6 million in tax credits. The state also is providing $540,000 in New Jobs Training incentives.

Once the jobs are added, Wells Fargo will have about 5,000 employees at its downtown headquarters.

 

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