May 22, 1997 |
Aetna Inc. said it will buy Torrance-based Financial Network Investment Corp., a closely held brokerage, to increase its sales of annuities and other investment services. Terms of the purchase weren't disclosed, though the Wall Street Journal reported that the purchase price would be about $50 million. FNIC offers investments and advice through more than 2,400 independent financial planners and 177 offices in 35 states.
March 4, 1997 |
Lyn Perry of Wilshire TV & Stereo has been elected chairman of the Westlake Village Chamber of Commerce for 1997. Joining Perry on the board are Gwyn Petrick of State Farm Insurance, chairman emeritus; Dave Melton of Camarillo Community Bank, treasurer; and Paula Weiser of Weiser Litho as secretary. The vice chairmen are Dennis Predmore of State Farm Insurance, business services; John Grace of Financial Network Investment Corp.
CALIFORNIA | LOCAL
January 26, 1999
* "Ready Now for the Roaring 2000s?"--the 10th annual economic forum by Investor's Advantage and the Westlake Village branch of Financial Network Investment Corp.--will be held at 7 p.m. Thursday at the Thousand Oaks Civic Arts Plaza Forum Theater. The speaker will be Bruce Johnstone, senior investment strategist with Fidelity Investments in Boston. The cost is $15 if paid by today, $20 after. Make reservations at 495-2077. * A free seminar on charitable remainder trusts will be held at 7 p.m.
January 23, 1996 |
Like many Americans, when it comes to building a retirement nest egg, Ventura County residents are depending less on pensions and increasing home values and more on investments, says John Grace, manager of the Westlake branch of Financial Network Investment Corp. And with good reason, he said. "The Dow Jones industrial average went up about 1,000 points [to about 5,000] between December 1994 and December 1995," he said.