Wells Fargo Advisors Financial Network, the independent
brokerage arm of Wells Fargo, has named Rick Calhoun as managing director of
the firm’s innovation and growth team.

The New York-listed firm said Calhoun will represent the independent brokerage and its
practices as regards corporate strategies. He will focus on driving
growth and developing practice management strategies across the business.

Calhoun joined Wells Fargo Advisors Financial Network in
2008 and was most recently the northeast regional director for the branch
development group. In that role, he garnered some $48 million in new advisor
revenue and also consulted around 100 practices on areas including business management and succession planning.

Overall, he has some 20
years of experience in the financial services industry, during which time he
has held leadership roles at Smith Barney and Merrill Lynch.

In his new position, Calhoun will report to Kent Christian, president
of Wells Fargo Advisors Financial Network.