AGE Edwards AG

ST. LOUIS, Nov. 29 /PRNewswire-FirstCall/ -- With the launch of its new Multi-Style Portfolios (MSP), A.G. Edwards (NYSE:AGE) is expanding its private money management offerings and providing investors a way to incorporate multiple investment managers - across various investment styles - with the convenience of one account. The new offerings will also afford clients the benefits of additional services related to the oversight and administration of separately managed accounts. "Our new Multi-Style Portfolios will give our clients the advantage of two levels of professional money management in one portfolio," says Mike Scafati, senior vice president and manager of managed products for A.G. Edwards. "On top of the active investment management of a private money manager, each of these portfolios will also benefit from features such as automatic rebalancing and coordinated tax management." The A.G. Edwards MSP options will provide clients four different models, each based on the strategic asset allocation recommendations from the A.G. Edwards Investment Strategy Committee. Each account holder's individual investment goals will be considered and then matched to the most appropriate MSP model. Together the four models cover a wide array of needs, with allocations ranging from full equity to allocations that include weightings in fixed income. Gallatin Asset Management, a wholly owned subsidiary of A.G. Edwards, Inc., will provide oversight in the choice of the investment managers that will be employed for each of the models. Consisting primarily of equity securities, the models may also utilize exchange-traded funds (ETFs) to help balance the allocation, taking advantage of A.G. Edwards' expertise in ETF research and managing ETF portfolios. A.G. Edwards has enlisted the services of Parametric Portfolio Associates, a Seattle-based money management firm, to help bring the pieces of these accounts together by providing overlay portfolio management. Under the MSP setup, functions such as tax management and trading will be centrally coordinated, allowing for simplified administration and increased diversification at lower account minimums. To participate in the MSP program, a $250,000 minimum investment is required, and program fees will begin at 2.5% to 2.75%, depending on the model chosen. About A.G. Edwards Drawn to the firm's client-first philosophy, individuals and businesses have turned to A.G. Edwards & Sons, Inc., for sound advice and access to a wide array of investment products and services that can help them meet their financial goals and objectives. Founded in 1887, A.G. Edwards and its affiliates employ nearly 7,000 financial consultants in more than 700 offices nationwide and two European locations in London and Geneva. More information can be found on agedwards.com. A.G. Edwards does not render legal, accounting or tax preparation advice. You should consult your tax and legal advisors for questions regarding your specific situation. How we do business A.G. Edwards Multi-Style Portfolios is an investment management service in which we act as investment advisor. Apart from this program, we are acting only as a broker-dealer unless we otherwise specifically indicate in writing, and our obligations will vary with the role we play. Please consult "Important Information About Your Relationship With A.G. Edwards" on agedwards.com/disclosures for a discussion of the differences between our brokerage and advisory services. A.G. Edwards & Sons, Inc. Member SIPC DATASOURCE: A.G. Edwards CONTACT: Byron Goodrich of A.G. Edwards, +1-314-955-3235, Web site: http://www.agedwards.com/

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