Columbus, Ohio (June 17, 2003) -- Driven by demand among its CPA partners, Nationwide Financial has extended its fee-based advisory program to accountants.

The Best Of America Advisory Services Program, sponsored by Nationwide Investment Services Corp., bundles mutual funds, separately managed accounts and a no-load variable annuity into a fee-based structure. The program is already available to independent financial planners and bank representatives.

A minimum of $25,000 is required for the mutual fund or variable annuity options. A minimum of $100,000 is required for the separately managed account option. Features of the program include access to multiple products within the same advice and administrative platform, combined reporting and administration features for multiple-product investors; tax planning solutions including a tax-deferred variable annuity, customized tax-managed individual separate accounts, and tax-deferred IRA rollover mutual funds, as well as access to money managers.

Nationwide has partnered with Ibbotson Associates to provide asset allocation and customer profiling tools, and with Morningstar Associates to provide fund selection, monitoring and research for the investment options.

-- WebCPA staff

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