MutualFundWire.com: American Express Teams Up With Schwab
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Tuesday, September 21, 1999

American Express Teams Up With Schwab


American Express Financial Advisors and Charles Schwab & Co. have signed an agreement giving AEFA customers access to Schwab's mutual funds.

Related Links
  • Charles Schwab
  • AEFA
    • Two thousand of the funds in Schwab's Mutual Fund Marketplace will now be available to the more than 9,300 advisors in the AEFA network through wrap accounts, brokerage offerings, and a self-directed option within employer-sponsored 401(k) plans. Specific plans for integrating the Schwab funds into AEFA's product offerings will be announced later this year.

    "Our strategy is to make it possible for our customers to invest when, where and how they want. By making the Schwab universe of funds available to our customers, we will pair our widely recognized financial planning and advice with Schwab's vast menu of mutual funds," Pam Moret, vice president, variable assets and services at American Express Financial Advisors.

    Schwab's Mutual Fund Clearing Services will also process mutual fund trades for AEFA's customers.
    Printed from: MFWire.com/story.asp?s=24612

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