Corona de Hierro
Walfred was an early supporter of Berengar of Friuli in his bid for the Iron Crown of Lombardy following Charles the Fat's deposition in 887. He was described as his "highest counsellor." He was a "consiliarius" and "marchio" by appointment of Charles and he was the greatest magnate in eastern Lombardy after Berengar. He even succeeded Berengar in Friuli, but under what circumstances scholarly opinion is divided.