WASHINGTON, April 28 /PRNewswire/ -- Merrill Lynch today was named the
Official Financial Advisor to the Women's Sports Foundation, assuming a role
in which the firm will help empower and educate women athletes about the
importance of financial planning.
The Foundation, currently celebrating its 25th anniversary, is a national
nonprofit, member-based organization dedicated to increasing opportunities for
girls and women in sports and fitness through education, advocacy, recognition
and grants.
The alliance was announced today in a speech by Merrill Lynch Vice
Chairman John L. Steffens at the Foundation's annual summit in Washington D.C.
"As Official Financial Advisor to the Women's Sports Foundation, Merrill
Lynch will assist the Foundation by targeting financial-education programs,
charitable planning and endowment management," Mr. Steffens said. "Further,
Merrill Lynch will help with fundraising efforts and special events that bring
together women athletes, Merrill Lynch Financial Consultants and clients, and
the general public."
Merrill Lynch also plans to conduct a "Managing Your Resources" workshop
for Summit participants today at 1:45pm (EDT), and will participate in a
seminar on charitable planning at 2pm on April 30. The Summit is being held
at the Crystal Gateway Marriott in Arlington, Va.
Merrill Lynch, a strong supporter of the Women's Sports Foundation for the
past three years, is also the Official Financial Advisor to the Ladies
Professional Golf Association. The firm has been a longtime sponsor of the
Olympic Games, and, next month will participate as a sponsor of the Working
Woman Congress 500 to be held in Washington D.C.
The Merrill Lynch Private Client Group serves more than four million
households, small- to-mid-sized businesses and regional financial institutions
using a financial-planning-based approach. Among the many services available
to Merrill Lynch clients are brokerage, personal credit, insurance, home
financing and trust services, as well as retirement and group-employee-benefit
services and business financing.
Merrill Lynch clients are served by more than 18,200 Financial Consultants
in more than 900 branch offices worldwide. As of April 14, investors had
entrusted Merrill Lynch with more than $1.5 trillion in client assets.
The Women's Sports Foundation was established in 1974 by Billie Jean King,
its founder; Donna de Varona, a founding member and its first president; and
many other champion female athletes. The Foundation seeks to create an
educated public that encourages females' participation and supports gender
equality in sports. The Women's Sports Foundation is located in Nassau
County, New York. For more information on attending the Women's Sports
Foundation "Beyond Our Borders" Summit '99, contact the Foundation at
800-227-3988 or at http://www.lifetimetv.com/Wosport.
SOURCE Merril Lynch
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Related links:
http://www.merrilllynch.com
CONTACT:
Wendell Wood Collins of Merrill Lynch,
609-282-3121, Wendell_collins@ml.com; Mike Philbrick of Women's
Sports Foundation, 516-542-4700, Wosportmwp@aol.com
NOTE TO EDITORS: TV stations interested in footage related to the
Merrill Lynch/Women's Sports Foundation alliance should contact
Fred Yager of Merrill Lynch at 212-449-7355
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