Strong fully integrated into Wells Fargo operation

Wells Fargo on Dec. 31 completed its acquisition of $29 billion in assets under management from Strong Financial Corp., said Won Ha, Wells Fargo spokesman. The purchase includes most of Strong's retirement plan service business, which will become part of Wells Fargo Institutional Trust Services. Wells Fargo Institutional will manage $345 billion in assets after the addition of the Strong assets, an increase of 15%.