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American Express Retirement Services to Provide Full Service Daily Recordkeeping and Investment Services for Hearth Technologies, Inc.


Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--March 21, 2002

Hearth Technologies, Inc., Lakeville Lakeville is the name of several places in the United States:
  • Lakeville in Connecticut
  • Lakeville in Indiana
  • Lakeville in Maine
  • Lakeville in Massachusetts
  • Lakeville in Minnesota
  • Lakeville Township in North Dakota

, Minn., has retained American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses.  Retirement Services to provide bundled investment management services, daily recordkeeping, trust services, and employee education for its $60 million 401(k) savings plan. The plan offers investment options provided through American Express Financial Advisors Inc., American Express Trust Company, and the SmartPartners Platinum(R) alliance.

American Express Retirement Services, in conjunction with American Express Trust Company, provides services for defined contribution and 401(k) plans with total combined assets of more than $31 billion and a participant base of more than one million. Based in Minneapolis, they provide corporations, unions and municipalities nationwide with a complete package of financial education, recordkeeping and trustee services for qualified retirement plans. For more information on American Express Retirement Services, visit http://www.americanexpress.com/sponsors.

Registered investments and financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 services are offered through American Express Financial Advisors, Inc., Member NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
. American Express Company is separate from American Express Financial Advisors, Inc. and is not a broker-dealer Broker-Dealer

A person or firm in the business of buying and selling securities operating as both a broker and dealer depending on the transaction.

Notes:
Technically, a broker is only an agent who executes orders on behalf of clients, whereas a dealer acts as a principal
. Retirement plan and trust related services are offered through American Express Trust Company.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 21, 2002
Words:184
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