Ilene Marquardt

Ilene Marquardt is the Head of Legal Engagement for the Client Relationship Group (CRG) of Wells Fargo Advisors, reporting to the Head of CRG. In this role, Ilene is responsible for managing CRG’s overall business interaction with Wells Fargo’s legal department on litigation, employment, and regulatory enforcement matters, working with counsel and providing a business perspective in the development of legal strategy. Ilene also is Corporate Representative for certain litigation matters where she attends mediations and negotiations, and she works closely with the Head of CRG and other senior leaders on legal and other risk matters that require escalation.

Before joining Wells Fargo Advisors’ business team, Ilene was Assistant General Counsel for Wells Fargo Advisors, where she led a team of attorneys and other professionals who provide legal advice and counseling for the sales channels, services, and operations of the company. In that role Ilene also sat on the Wells Fargo Advisors Operating Committee and was Legal Secretary to Wells Fargo Clearing Services and other related legal entities.

Ilene has been an attorney in the securities industry for more than 30 years. Before joining the Wells Fargo Legal Department in 2019, she spent more than 24 years at UBS, where she held multiple roles, including Head of Litigation and Regulatory, and Interim General Counsel in UBS’s Wealth Management USA division. Early in her career, she was a litigation associate at Morgan, Lewis & Bockius in their New York office.

Ilene earned a bachelor’s degree from Northwestern University and a juris doctorate from New York University School of Law. She was the 2021 Chair of FINRA’s National Adjudicatory Council, serves on SIFMA’s Compliance and Legal Executive Committee, and is a member of both the New York and New Jersey bars. In 2018, she had the great honor to receive the National Council of Jewish Women New York’s “Woman Who Dared” award, and previously was named to the New York YWCA’s “Academy of Women Leaders.”

Ilene and her husband Karl live in Leonia, NJ and have three grown children – Audrey, Gordon and Andy, and a Tibetan Terrier named Vivian.