Industrynews digest

Financial Planning, October, 2003 by Editorial staff

Companies

ING Integrates Two B-D Firms

Linking two of its broker-dealer firms more closely to its distinctive lion logo, ING Advisors Network is combining Washington Square Securities and Locust Street Securities into one entity. The new firm will be named ING Financial Partners. In addition, two more broker-dealers, IFG Network Securities and VESTAX Securities, are being consolidated into Multi-Financial, but PrimeVest will stay on its own.

Amex Advisers Team With Morningstar

American Express Financial Advisors is using Morningstar's advice applications to help 401(k) participants in American Express retirement plans with their investment decisions. The alliance should give AEFA advisers greater visibility in the 401(k) marketplaceand hopefully...

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