IMHO: Just Another Day?

This week I’m going to do something I never thought I would do again.
I’m going to fly on September 11.
OK, so, in the overall scheme of things, it’s perhaps not that big a deal. I know that it’s been six years, that part of our not letting the terrorists win is to go on about our normal lives. I don’t even know anyone personally who died in the attacks, though I know people who do. At the time of the attacks, I wasn’t living in the parts of our nation targeted (although we relocated to the Northeast soon afterward). It’s not like I plan to spend some significant part of the day in prayer or contemplation—and it’s certainly not that I believe for one second that there will be a recurrence of those horrific events just because it’s the sixth anniversary.
I was, however, traveling by air on that fateful day, only to be grounded hundreds of miles away from friends and family (see “Never Forget“). I know that others were stranded farther away from their loved ones—and perhaps for longer. But it was a time when I wanted—more than I could possibly have imagined at the time—to be with my family. It was a time when people who love each other should have been able to comfort and reassure each other.
Somehow, the notion of once again being hundreds of miles away from my family on that day just seems wrong. Not as wrong as missing a birthday or graduation (I’m still batting 1.000 there)—but wrong, nonetheless. Whatever else we try to make of it, for this generation anyway, September 11 will always be “different.’
Like you, I’ll always have my memories of that day. I’ll never approach getting on an airplane the same way again, for one thing. I doubt that I’ll ever feel as “safe’ as I once did, but I also appreciate in a very special way, every day, the love of my family, the support of friends, the joy of being alive—and the responsibility to remember always that there are those whose reunion with their loved ones still lies ahead.
I may be traveling this September 11. But it is not—and should never become—“just another day.’
Peace.

SunTrust to Offer Wealth Management Clients New Investment Platform

SunTrust Banks, Inc. will offer its Wealth&Investment Management clients a multi-style, multi-adviser, single-account service to provide them with enhanced diversification through a wider range of traditional and alternative investment vehicles.

The new investment platform will be introduced in 2008, an announcement from the company said. The open architecture platform is designed to provide access to ‘best in class’ institutional-caliber asset management firms outside the SunTrust network, and to optimize tax-sensitivity and asset class rebalancing while accommodating client-specific account guidelines.

The ‘Unified Managed Account’ represents the next step in the evolution of investment advisory offerings by packaging multiple investment products such as separately managed accounts (SMAs), mutual funds, and exchange traded funds (ETFs) into a single managed account, Bill Rogers, Corporate Executive Vice President and head of SunTrust’s Wealth & Investment line of business, said in the announcement.

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SunTrust will act as overlay manager rather than outsourcing the role in order to deliver the highest customization possible to clients. Overlay technology that enables interconnection among the multi-adviser systems across the platform will be provided by CheckFree’s Investment Services division.

The new investment platform will be in addition to the solutions currently offered to SunTrust Wealth & Investment Management clients, which include wealth planning, investment advisory, and fiduciary services including estate and financial planning, as well as credit advisory services for personal clients. Institutional clients are also provided capabilities ranging from 401(k) plan sponsor support to custody, planned giving, and administrative services for non-profit organizations.

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