Though rare, nonrated paper takes a backseat to quality
- Amex Unit Unveils 8 Portfolios . // American Banker;7/17/2002, Vol. 167 Issue 135, p9
Reports on an announcement made by American Express Financial Advisors Inc., a unit of American Express Co., regarding the introduction of eight portfolio strategies within its wealth management service as of July 17, 2002. Features of three multiple strategy portfolios also introduced by...
- AEFA offers striking advice. Gentile, Gary // Financial Planning;Oct98, Vol. 28 Issue 10, p26
Announces the advice offered by American Express Financial Advisors to striking workers on how to maintain financial security. Comment from Lynn Closway, an AEFA spokesperson.
- Securities regulators punish bad behavior. Connolly, Mark // New Hampshire Business Review;9/2/2005, Vol. 27 Issue 19, p20
Comments on the issue concerning the settlement between American Express Financial Advisors Inc. and the New Hampshire Bureau of Securities Regulation. Financial penalty component of the settlement; Other two key components of the settlement; Regulator's responsibility to shine light on...
- Spinoff to shed American Express name. Braude, Nicholas // Pensions & Investments;2/7/2005, Vol. 33 Issue 3, p2
This article reports that a yet-unnamed money management firm will be launched later this year with at least $366 billion in assets under management. The huge firm without a name will be formed from the spinoff by American Express Co. (Amex) of its American Express Financial Advisors Inc. unit....
- INVESTMENT BROKERAGE FIRMS. // Indianapolis Business Journal;11/17/2003 Supplement, Vol. 24, p39B
Lists investment brokerage firms in Indianapolis, Indiana. Axa Advisors LLC; American Express Financial Advisors Inc.; City Securities Corp.; Equity Financial Services.
- Americn Express unit buys Omaha broker-dealer in restructuring effort. Gentile, Gary // Investment Dealers' Digest;02/09/98, Vol. 64 Issue 6, p14
Reveals that in an effort to revamp the way it employs and compensates its sales force, American Express Financial Advisors has acquired Securities America, a small broker dealer in Nebraska. Terms of the acquisition not disclosed; Comments from Stephen Wild, chairman of Securities America.
- Firm Must Pay $1.25M for Inadequate Supervision of 529 Sales. Hume, Lynn // Bond Buyer;11/8/2005, Vol. 354 Issue 32855, p5
Reports on the order given by the National Association of Securities Dealers (NASD) to the Ameriprise Financial Services Inc., former American Express Financial Advisors Inc. to pay an amount for failing to adequately supervise its sales of so-called Section 529 college savings plans in the U.S....
- AmEx Hit with $350,000 Fine. // Practical Accountant;Feb2003, Vol. 36 Issue 2, p19
Reports on the fine imposed by the U.S. National Association of Securities Dealers on American Express Financial Advisors Inc. on the sales of variable life insurance products. Failure of the company to establish adequate supervisory policies on the sale of the products; Complaints on the...
- AEFA buys Securities America. // Financial Planning;Mar1998, Vol. 28 Issue 3, p21
Reports on the purchase of Securities America by the American Express Financial Advisors (AEFA) Inc. in the United States. Non disclosure of the amount of deal; Assets manage by AEFA; Retention by Securities America of its novel commission structure; Consolidation of financial services firms.