Branch manager Robert T. Stegemeier announced changes taking place with Wachovia Securities taking over the old A.G. Edwards office at 112 W. Homer Adams Parkway in Alton this past week.

He said he is excited about the ownership change and what it will mean for customers.

“We now can offer the banking side,” he said. “The banking side, plus being one of the largest brokerage firms in the country is a definite plus. Wachovia manages $1.2 trillion in retail client assets.”

Products that will continue to be offered by the new Wachovia Securities team are: investment, retirement and estate planning; stocks, bonds, mutual funds; asset-management accounts; professional portfolio management services; trust services; insurance and annuities and wealth-management services.

New products include banking services, lending services and access to investment banking expertise.
The merger between Wachovia and A.G. Edwards will be complete by February 2009. For information about Wachovia services, contact (618) 466-0011.

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