Auld To Head AIG Financial Advisors, American General Securities

Former president of NEXT Financial succeeds Cannon

Jeffrey Auld has been named President and CEO of AIG Financial Advisors, Inc. and American General Securities Incorporated (AGSI), effective June 30, 2008. Auld succeeds James Cannon, who is leaving the company to pursue other interests. Auld will report to R. Lawrence Roth, President and CEO, AIG Advisor Group.

Auld joins AIG Advisor Group from Berthel Fisher & Co. Financial Services, Inc., where he served as president and was responsible for recruiting and involved in marketing and advertising, technology and operational improvements. Previously, he served as president and CEO of NEXT Financial Group, Inc.

"We are fortunate to attract an individual of Jeff's caliber to our organization," said Roth in a prepared statement. "With more than 30 years of senior management and sales experience in every sector of the financial services industry, Jeff is ideally suited to accelerate the firm's progress and to ensure that our financial advisors have the wealth management capabilities required to expand their practices."

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