With over 40 years of experience in the financial services industry, Fred Akers has dedicated his career to delivering customized, multi-generational investment guidance and wealth management strategies with a high level of personalized service. As a CERTIFIED FINANCIAL PLANNER™ professional, he helps analyze every aspect of his clients' financial lives. This encompasses assets, liabilities and cash flow, and investment and tax strategies. With a clear understanding of each client’s current financial situation, Fred, along with his team, develops and executes an investment plan designed to help achieve well-defined objectives.
Through the firm’s Private Investment Management (PIM) program, Fred provides customized, discretionary authority over investments to a select group of his clients. As a senior PIM Portfolio Manager, he customizes diversified value-based portfolios utilizing the firm’s eMoney analytics tool1, which aligns his clients’ investments with their core goals and values.
Fred has been recognized as a member of the Platinum Council from 2003 – 2022. The Wells Fargo Advisors Platinum Council distinction is held by a select group of Financial Advisors (previously known as Premier Advisor) within the Firm as measured by completion of educational components, business production based on either of the past two years and professionalism. Additional criteria, including length of service, may also be used to determine recipients.
He also received the Wells Fargo Advisors’ Spirit Award, which was established to recognize a select group of Platinum Council Advisors for their lifetime achievements – both personal and professional – and for epitomizing and reflecting Wells Fargo Advisors’ values. Fred has worked for Wells Fargo Advisors and its predecessors for more than 35 years. He began his investment career with E.F. Hutton after graduating from the University of Georgia with a bachelor’s degree in business administration.
A native of Atlanta, Fred is on the Board of Directors for a family foundation that contributes to charities in the Atlanta and Charlotte communities. He received the “Distinguished Alumni Award” for his contributions of time, energy and financial support at Baylor School in Chattanooga, Tennessee, where he also serves as a member of the Board of Trustees. In addition, he supports local charities, including Midtown Assistance Center, First Presbyterian Church and the philanthropic initiatives selected by Wells Fargo Advisors.
1 Based on accepted statistical methods, eMoney uses a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments. Using Monte Carlo simulation this report uses up to 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.