The financial commentary platform Enterprising Investor announced on March 19, 2026, that it will relocate on March 23 to the CFA Institute Research and Policy Center (RPC). This transition signals an editorial alignment with the CFA Institute’s broader research and policy objectives and consolidates the blog’s content under the Institute’s dedicated research hub. Readers and contributors should expect the same focus on investment analysis, governance, and market commentary, now presented within the RPC’s institutional environment and distribution channels.
Separately, shareholders of Wells Fargo received the company’s 2026 proxy statement and related materials beginning on or about March 18, 2026. The filings set out the virtual shareholder meeting to be held on April 28, 2026, at 10:00 a.m. Eastern Time and identify March 2, 2026, as the record date for voting eligibility. The proxy provides the full agenda, biographies of director nominees, disclosures on executive pay, and proposals affecting the company’s long-term incentive framework and auditor ratification.
Table of Contents:
What the proxy covers and meeting logistics
The 2026 proxy outlines a standard but consequential slate of items. Shareholders will vote on the election of 12 directors, an advisory Say on Pay resolution concerning executive compensation, a proposal to amend and restate the company’s 2026 long-term incentive plan (LTIP), and ratification of KPMG as the independent registered public accounting firm for 2026. Items 5 through 10 contain shareholder proposals that management and the board recommend voting against, and there is a catch-all item to consider any other business properly presented at the meeting. The company emphasizes the importance of voting even for those attending the virtual meeting.
How to attend and how to vote
The meeting will be conducted in a virtual format at www.virtualshareholdermeeting.com/WFC2026, enabling shareholders to participate from any internet-connected location. To join, shareholders of record must use the valid control number printed on their proxy materials; holders in street name should consult their brokers for access and voting instructions. Voting options are flexible: via internet, by phone, by mail using the proxy card or voting instruction form, or by scanning the QR code on mobile devices. Proxy and annual report materials are available at www.proxyvote.com.
Performance snapshot and governance context
Within the proxy, Wells Fargo frames its strategic progress and 2026 financial results. The company reported approximately $2.1 trillion in assets and about 205,000 active employees as of December 31, 2026. Key financial metrics for fiscal year 2026 included revenue of $83.7 billion, noninterest expense of $54.8 billion, pre-tax pre-provision profit of $28.9 billion, and net income of $21.3 billion, with diluted earnings per share of $6.26. Capital return to shareholders was approximately $23 billion, and reported ratios included a return on equity of 12.4%, ROTCE of 14.6%, and a CET1 ratio of 10.6%, alongside an efficiency ratio near 66%.
Leadership changes and regulatory milestones
Company letters dated March 18, 2026, from CEO and Chairman Charles W. Scharf and Lead Independent Director Steven D. Black highlight the firm’s 2026 transformation. The proxy credits the organization with achieving important regulatory milestones, including the termination of outstanding consent orders and the removal of the asset cap that had been imposed since 2018. The board changed its leadership structure in 2026 by appointing the CEO as chairman and naming a lead independent director; the proxy frames this as a governance choice intended to balance strategic continuity with independent oversight.
Executive compensation, the LTIP proposal, and next steps for shareholders
Executive pay and incentive design receive detailed treatment in the proxy. The board seeks approval to amend and restate the 2026 LTIP, with a comprehensive description included starting in the materials and supporting appendices. The advisory Say on Pay vote and extensive compensation tables and policies are provided to inform shareholders’ judgments about management alignment and performance metrics. Those with questions or who wish to review the full disclosures can find the 2026 proxy statement and the 2026 annual report at www.proxyvote.com; proxy materials were first furnished to shareholders on or about March 18, 2026. Shareholders are encouraged to read the documents carefully and to cast their votes ahead of the April 28, 2026 meeting.