Complex sentence: Wachovia Securities, is a subsidiary of Wells Fargo, located in St. Louis, Missouri, is the second largest brokerage firm in the United States as of October 1,2007 with $1.17 trillion retail client assets under management.
Split into simpler sentences: Wachovia Securities, is a subsidiary of Wells Fargo, located in St. Louis, Missouri. It is the second largest brokerage firm in the United States as of October 1,2007 with $1.17 trillion retail client assets under management.