David M. Carroll

Senior Executive Vice President, Wealth, Brokerage, & Retirement

Wells Fargo & Company

David Carroll leads Wealth, Brokerage, and Retirement (WBR) at Wells Fargo. Approximately 35,000 team members in this unit provide wealth management, private banking, brokerage, trust, family wealth, reinsurance, and retirement services to clients in all 50 states. WBR manages and administers $1.7 trillion in client assets, including $168 billion in deposits, and holds $59 billion in loans.

A financial services veteran with more than 36 years in the industry, David joined Wachovia Bank & Trust Company in 1979 and then First Union National Bank (Wachovia’s predecessor) in 1981. From 2005 until the merger with Wells Fargo, David served as senior executive vice president and head of Wachovia’s Capital Management Group, which included retail brokerage (Wachovia Securities), asset management (Evergreen Investments), and Retirement and Investment Products. Previously, he was head of corporate services and merger integration, chief of eCommerce and technology, and head of First Union’s General Banking Group region in Florida and earlier in Georgia.

Mr. Carroll earned his bachelor’s degree in business administration from the University of North Carolina at Chapel Hill. He is a board member of Trees Charlotte, the UNC Chapel Hill Foundation, and the Chapel Hill Investment Fund. He also serves and on the Board of Visitors at the Kenan-Flagler Business School at the University of North Carolina.