Private Wealth Management Group Joins Financial Network

Group focuses on financial services for affluent families and people in the music and entertainment industries

PRNewswire
NEW YORK
Feb 21, 2007

Private Wealth Management Group and its principal, Hemant P. Singh, have chosen Financial Network Investment Corporation (Financial Network) as its new broker-dealer. Based in El Segundo, California, Financial Network is part of the broker-dealers of ING. Private Wealth Management, with offices at Park Place in New York City, focuses on a "family office-style" practice of financial planning for affluent clients, particularly individuals in the music and entertainment industries.

According to Singh, Financial Network offers a number of resources that can benefit his clients. "The technology, product breadth, research functions, and other services offered through Financial Network will help me serve my clients better. My clients also like the fact that I now have a global financial services company like ING in my corner," said Singh.

Financial Network provides a team environment to registered representatives and offices joining the broker-dealer through its regional structure. Private Wealth Management will join a region managed by Kayvan Karoon, who primarily provides support to representatives and advisors who want an independent environment along with the infrastructure, administrative and other support needed to make it easier for them to focus on their clients. "The support from Kayvan and his team has been fantastic," said Singh. "They've really made it easy for us to transition and tap into additional resources that help our clients."

"With many of our clients, they may earn a significant amount of money in a short amount of time," said Singh. "We work with our clients to help them understand that they hold the key to their financial future. Through planning, asset management, and personal financial services, we're creating a holistic solution to meet their financial needs."

Private Wealth Management offers asset management, financial planning, wealth transfer, insurance products as well as the personal financial services often found in "family offices." Hemant P. Singh can be reached at 212-791- 1820 or hsingh@pwmus.com.

About Financial Network

Financial Network Investment Corporation, member SIPC, has an exclusive model that creates a dynamic environment of teamwork through the local service of its regional offices, the national support of its home office and the global scope of its parent company, ING. With this unique structure, Financial Network is able to build and support extraordinary regional teams, making it easier for its nearly 3,000 financial professionals in the U.S. and Puerto Rico to succeed. In addition to its independent representative offices, Financial Network provides third-party marketing services to banks and credit unions through its Financial Institutions Division. For more information, visit www.financialnetwork.com.

About ING

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 115,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING family of companies offers a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. For more information, visit www.ing.com.

SOURCE: Financial Network Investment Corporation

CONTACT: Press inquiries: Phil Margolis, of ING U.S. Financial Services,
+1-860-723-4783, or phil.margolis@us.ing.com

Web site: http://www.ing.com/
http://www.financialnetwork.com/