AGE Edwards AG

Bringing an Excess of $300 Million in Client Assets ST. LOUIS, June 1 /PRNewswire-FirstCall/ -- Four financial consultants and two financial associates formerly with Morgan Stanley joined the A.G. Edwards Anchorage, Alaska, office. Together they are forming the "Alaska Private Client Group of A.G. Edwards," company officials announced today. With a combined annual production of $1.8 million and more than $300 million in client assets under management, the group will continue to focus on portfolio design and construction, as well as investment strategy and retirement planning issues. Joining the firm are the following financial consultants: * Ty Schommer (38) - With more than 12 years of industry experience, Schommer is a CFP(R) professional and joins A.G. Edwards as a vice president. * Lynn Soiseth (58) - A 27-year industry veteran, Soiseth joins A.G. Edwards as a vice president and will continue to concentrate in matters relating to retirement planning, portfolio structure and design, and individual stock investing. * James "Vince" O'Reilly (50) - With an emphasis in exchange-traded funds (ETFs), hedging strategies and fixed-income investments, O'Reilly brings with him more than 29 years of industry experience. He joins A.G. Edwards as an associate vice president. * Scott Ingrim, (38) - With Morgan Stanley for more than five years, Ingrim will continue to assist clients with asset allocation, mutual fund selection and retirement planning issues, as well as other financial objectives. In addition, Pamela Parker and Darlene Castner join A.G. Edwards as financial associates. A.G. Edwards opened its Anchorage location in August 2005 with the hiring of Todd Gerber, a 33-year industry veteran, as branch manager. "I've known each of these individuals for many years and all of them share our 'client first' philosophy," said Gerber, 56, manager of the firm's Anchorage office. "Together they offer a personalized and comprehensive approach that will appeal to their existing clients as well as those they will undoubtedly attract." With the addition of the six individuals from Morgan Stanley, the office now employs 10 people, including five financial consultants and four financial associates. "We're pleased to have each of these talented financial consultants join the firm," said Paul Coffee, senior vice president and Western regional manager for the St. Louis-based financial services firm. "I am confident their business will continue to thrive given the freedom we have here at A.G. Edwards to pursue our business in a manner that best suits our clients' needs and financial objectives." Coffee added that the firm continues to recruit experienced industry transfers across the country and looks specifically for those individuals who share the firm's "client centric" approach to doing business. About A.G. Edwards A.G. Edwards (NYSE:AGE) tied for first place in the 15th annual "Broker Report Card" given out by Registered Rep. magazine (December 2005). To arrive at its rankings, the magazine polled registered representatives at seven major brokerages, asking them to rate their own firms in areas such as work environment, support, product and management. A.G. Edwards financial consultants cited the firm for a high-quality work environment, commitment to clients and freedom from pushing certain products. * * Past performance is no guarantee of future results. Registered Rep. magazine is not associated with A.G. Edwards, nor does it endorse any product or service A.G. Edwards offers. Drawn to the firm's client-first philosophy, individuals and businesses have turned to A.G. Edwards & Sons, Inc. for sound advice and access to a wide array of investment products and services that can help them meet their financial goals and objectives. Founded in 1887, A.G. Edwards and its affiliates employ nearly 7,000 financial consultants in more than 700 offices nationwide and two European locations in London and Geneva. More information can be found on agedwards.com. How A.G. Edwards Does Business A.G. Edwards generally acts as a broker-dealer, but may act as an investment advisor on designated accounts, and the firm's obligations will vary with the role it plays. When working with clients the firm generally acts as a broker-dealer unless specifically indicated in writing. To better understand the differences between brokerage and advisory services, please consult "Important Information About Your Relationship With A.G. Edwards" on agedwards.com/disclosures. DATASOURCE: A.G. Edwards, Inc. CONTACT: Margaret Welch, +1-314-955-5912, or ; or Byron Goodrich, +1-314-955-3235, or , both of A.G. Edwards, Inc. Web site: http://www.agedwards.com/

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