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But the firm assured its 12,600 advisors that its investment and wealth management unit (WIM) would continue to work closely with the asset manager and that nothing would change for them or their clients invested with Wells Fargo Asset Management products, according to a memo to advisors obtained by WealthManagement.com

Its action is due to the chelation of iron, which inhibits the growth of pathogenic bacteria

10.1016/j.jphs.2014.12.010 61 LiuT.YangL.GaoH.ZhuoY.TuZ.WangY.et al (2022)

Certain mitochondrial proteins involved in the biosynthesis of iron-sulfur clusters (ISCs), such as cysteine desulfurase NFS1, ISC proteins, CISD1, and CISD2, have been shown to negatively regulate ferroptosis by reducing the availability of Fe 2+ [32,33,34,35]
