Wells Fargo Advisors Philadelphia Major Market and Philabundance helping to give back this Holiday Season

Philadelphia, December 8, 2009 – Wells Fargo Advisors Philadelphia Major Market announced today a new project with Philabundance. Throughout the holiday season and the coming year, Wells Fargo Advisors employees will provide support to help Philabundance end hunger and malnutrition in the Delaware Valley. A $7,000.00 grant from The Wachovia Wells Fargo Foundation has been provided to leverage their efforts.

“We know that many more of our neighbors have been hit hard by the economic downturn and our team members want to do what they can to help,” says Christopher Coloracci, Managing Director Philadelphia Major Market. “Our project with Philabundance to end hunger will help to make a difference in the lives of many.”

The project is one of 200 throughout the U.S. managed by Wells Fargo Advisors as part of the firm’s Investing in Our Communities initiative.

“As a leader in our industry, we recognize that investing in our communities is a responsibility we have as a result of doing business there, and we understand that our firm is only as strong as the communities where we are located,” said Danny Ludeman, president & CEO of Wells Fargo Advisors. “To that end, through our team members’ volunteer efforts, corporate philanthropy and community involvement, Wells Fargo Advisors is showing its commitment to building strong and vibrant communities, improving quality of life, and making a positive difference where we live and work in a very hands-on way.”

To be eligible for foundation funding, projects had to outline how the firm’s employees would get involved in hands-on projects ranging from stocking food pantries and serving meals, to conducting clothing drives and re-painting shelters.

Both Wachovia Corporation and Wells Fargo & Company have strong legacies of giving to the community. In 2008, the combined company contributed $226 million in grants to 22,000 nonprofit organizations and 1.4 million team member hours volunteering in communities across the United States.

About Wells Fargo Advisors
With over $1 trillion in client assets as of September 30, 2009, Wells Fargo’s brokerage businesses have over 15,000 full-service financial advisors and 6,300 licensed financial specialists. This vast network of advisors, one of the nation’s largest, serves clients through offices in all 50 states, the District of Columbia and in Latin America. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC). Statistics include other broker-dealers of Wells Fargo & Company. . Investment products and services are offered through Wells Fargo Advisors, LLC.

Wells Fargo & Company is a diversified financial services company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores, over 12,000 ATMs and the internet ( across North America and internationally.


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