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FINANCIAL_SERVICESDISCUSSED

Baudette City Council Regular Meeting Agenda March 9, 2026

Wells Fargo Investment Management Resigns City Account

City of BaudetteWELLS FARGO INVESTMENT MANAGEMENTMarch 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The agenda notes a February 23, 2026 resignation letter from Wells Fargo Investment Management, signaling the end of its investment management services for the city. Council will receive the notice under Finance reports.

Contract Details

Vendor

WELLS FARGO INVESTMENT MANAGEMENT

Agency

City of Baudette, MN

Contract Type

FINANCIAL_SERVICES

Document Date

March 9, 2026

Renewal Info

Existing investment management engagement is effectively being terminated by vendor resignation; future replacement services are not detailed.

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