STATE STREET RESEARCH PRIVATE CLIENT GROUP NAMES ACCOUNT EXECUTIVE
BOSTON, MA, March 2, 2000-State Street Research announced today that
Jonathan Wales has joined the firm as Account Executive, Private Client
Group. The announcement was made by Amy Barnwell, Senior Vice President,
National Sales Manager of Intermediary Sales for the Private Client Group.
Wales will be responsible for introducing State Street Research's investment
capabilities to Registered Investment Advisors (RIAs) using separate account
platforms such as Lockwood Financial, Brinker Capital and Investment
Consulting Group (ICG).
"Jon's experience in consultative sales, as well as his work in the advisor
channel, will be a tremendous asset to the Private Client Group as we expand
the sales force," stated Barnwell in the announcement.
Wales joins State Street Research after spending over three years at Putnam
Investments most recently as a Senior Insurance Products Internal
Wholesaler. He joined Putnam Investments in 1997 as a National Sales Desk
Representative and rose to Inside Wholesaler in 1998. Prior to Putnam,
Wales was at Scudder, Stevens and Clark, Inc. in Boston where he was a
Mutual Fund Administrator with a focus on Corporate Governance. Wales has a
B.A. from Connecticut College.
State Street Research & Management Company, with a money management history
dating back to 1924, is one of the nation's first investment management
organizations. The Boston-based firm is a subsidiary of MetLife. As of
January 31, 2001, State Street Research managed $53 billion in assets, of
which $34 billion represented institutional clients and $19 billion
represented mutual fund and variable annuity portfolios. The firm manages
money for 11 of the 15 largest U.S. corporate pension plans, public employee
pension plans, union programs, individually managed accounts for affluent
investors, and mutual funds for over 530,000 shareholder accounts. The
firm's Web site address is www.ssrfunds.com.
