NU Online News Service, May 18, 2004, 5:44 p.m. EDT – American Express Financial Advisors, Minneapolis, has developed a 401(k) plan services package aimed at brokers who sell to midsize employers.[@@]
The new NEXTPlan package will provide asset-management and plan administration services for plans with $5 million to $50 million in plan assets, AEFA says.
AEFA, a unit of American Express Company, New York, already uses its own BlueStar system to run a retirement services package that it sells through its direct salesforce.