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Recent Press Releases (U.S. and international) for magazine issues and staff changes may be found below. Please note that for many issues there exists only a highlights sheet, while for others there may also be a full press release. The cover of Money's current issue is pictured at right. Please contact the appropriate communications staff member with any questions.
Wachovia Announces New Retirement And Financial Planning Program Company teams with Time Inc. Business and Finance Network to help Sarasota and Manatee county residents better prepare for the future May 17, JACKSONVILLE , Fla. - What's your number? That's the question Wachovia Corp. will be asking Sarasota and Bradenton , Fla. , residents during a special series of retirement and financial planning events to be held throughout the latter part of 2006. What's Your Number? is intended to help residents of every age group, but especially those approaching retirement, become better prepared for the future. "We want to help people of every age group, from children to adults already in retirement, understand how much money they will need to attain their dreams, and how they might begin to save that money, whether that dream is a comfortable retirement, a college education for their children or a new home," said Kent Ellert, Wachovia's regional president for the Gulf Coast, which includes Sarasota and Manatee counties. As part of the program, Wachovia is partnering with Time Inc., to host a wide range of seminars for individuals and businesses:
Fall Envision seminars-Envision is an innovative communicative tool that gives financial advisors the ability to gain a deeper understanding of the personal goals and needs of their clients.
" What's Your Number? is a unique partnership between our brands - FORTUNE, Money, Business 2.0 and FSB: FORTUNE Small Business - and Wachovia, creating a new type of marketing program that engages and educates consumers about important retirement and savings issues," said Michael Dukmejian, Group Publisher, Time Inc. Business and Finance Network. "This program activates a range of tools across our network, including in-book advertorials, educational booklets, conferences and seminars with editors and writers from our leading business publications."
The centerpiece of What's Your Number? is a panel discussion featuring nationally known financial experts at the Van Wezel Performing Arts Center on May 17. The panel consists of:
• Ron Insana (moderator), CNBC senior analyst and former anchor of Street Signs • Gina Martin, a highly regarded Wachovia economist who regularly comments on finances and the stock market • Eric Schurenberg, managing editor, Money • Lee Eisenburg, author of The Number and formerly editor-in-chief for Esquire • Glinda Bridgforth, author, Girl, Get Your Money Straight and founder of the Bridgforth Financial Management Group • Jean Chatzky, contributing editor for Money and financial editor of NBC's Today Show • Terri Savage, author, The Savage Number and personal finance columnist for the Chicago Sun-Times
"This exciting, new program is part of Wachovia's ongoing focus on the retirement market," said Bob Reid, president of Wachovia's Retirement and Investment Products Group. "We believe one of the best ways to help consumers get in better shape for retirement is through educating them and providing practical retirement and financial tips." Advertising for the program began appearing in national magazines FORTUNE, Money, FSB : FORTUNE Small Business and Business 2.0 during April. The first ad is an advertorial, "Funding Your Future," which provides readers five tips for hitting their retirement target. Sarasota and Bradenton area residents will also see billboards at key intersections and radio, television and print ads in the market. Ads will also appear online. Customers seeking further information about What's Your Number? can stop by any Wachovia financial center or Wachovia Securities office.
About The Time Inc. Business and Finance Network The Time Inc. Business and Finance Network is the leading source for business news and information, reaching 20 million unique individuals through a world-class collection of publications including FORTUNE, Money, Business 2.0, FSB: FORTUNE Small Business and the web site CNNMoney.com.
About Wachovia Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia operates as Wachovia Bank through 3,159 offices in 16 states from Connecticut to Florida and west to Texas , and, until merger integration activity is completed, will continue to be known as Western Financial Bank in California . Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and in Latin America , and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $541.8 billion, market capitalization of $90.2 billion and stockholders' equity of $49.8 billion at March 31, 2006.
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For further information please contact: Phil DiIanni
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