Wells sent a letter to clients eulogizing Watson and introducing them to a new Wells advisor, Arthur Sinkler III. The letter noted they are “saddened” by Watson’s death and that he will “be missed by all.” The letter said Sinkler is “fully committed to continuing Brian’s legacy serving your investment needs.”
The article noted Sinkler was not likely involved in drafting or sending the note.
Wells Fargo apologized, saying the letter was “an unfortunate mistake.”