Internal Revenue Bulletin:  2003-40 

October 6, 2003 

Announcement 2003-54

List of Nonbank Trustees and Custodians


Table of Contents

The following is a list of entities that have been approved by the Commissioner of the Internal Revenue Service, pursuant to § 1.408-2(e) of the Income Tax Regulations, to serve as a nonbank trustee or custodian. This list updates and supercedes the list published with Announcement 2002-12, 2002-1 C.B. 553.

Archer medical savings accounts (Archer MSAs) established under § 220 of the Internal Revenue Code, custodial accounts of a pension plan qualified under § 401, custodial accounts described in § 403(b)(7), trust or custodial accounts of individual retirement accounts (IRAs) established under §§ 408(a), 408A (Roth IRAs), or 530 (Coverdell Education Savings Accounts), and custodial accounts of eligible deferred compensation plans described in § 457(b) will not be tax exempt if the trustee or custodian of such accounts is not a bank (as defined in § 408(n)) (and in the case of Archer MSAs a bank within the meaning of § 408(n) or an insurance company within the meaning of § 816) or an approved nonbank trustee or custodian.

An entity that is not a bank, as defined in § 408(n), must receive approval from the Service to serve as a nonbank trustee or nonbank custodian. A prospective nonbank trustee or custodian must file a written application with the Commissioner of Internal Revenue demonstrating that the requirements of § 1.408-2(e)(2) through § 1.408-2(e)(7) of the regulations will be met. If the application is approved, a written notice of approval will be issued to the applicant. The notice of approval will state the day on which it becomes effective, and (except as otherwise provided therein) will remain effective until revoked by the Service or withdrawn by the applicant. Entities that have received such approval from the Service may also sponsor certain retirement plans, custodial accounts under § 403(b)(7) of the Code and individual retirement arrangements established under § 408. (See Rev. Proc. 2000-20, 2000-1 C.B. 553, and Rev. Proc. 87-50, 1987-2 C.B. 647, as modified.)

A prospective nonbank trustee or custodian may not accept any fiduciary account before such notice of approval becomes effective. In addition, a nonbank trustee or custodian may not accept a fiduciary account until after the plan administrator or the person for whose benefit the account is to be established is furnished with a copy of the written notice of approval issued to the applicant.

The continued reliance on a notice of approval is dependent upon the continued satisfaction of the nonbank trustee requirements set forth in the regulations. The notice of approval issued to an applicant will be revoked if the Commissioner determines that the applicant is unwilling or unable to administer fiduciary accounts in a manner consistent with the requirements of the regulations. Generally, the notice will not be revoked unless the Commissioner determines that the applicant has knowingly, willfully, or repeatedly failed to administer fiduciary accounts in a manner consistent with the requirements of the regulations, or has administered a fiduciary account in a grossly negligent manner.

The written notice of approval to serve as a nonbank trustee or nonbank custodian is not an endorsement of any investment made with respect to any retirement plan or arrangement handled by the approved nonbank trustee or custodian. The Internal Revenue Service does not review or approve investments.

If the trustee or custodian of an account described above is not a bank or an approved nonbank trustee or nonbank custodian, the amounts held in such account (including earned interest) will be deemed distributed and includible in gross income in the year(s) the account's trustee or custodian was not a bank or an approved nonbank trustee or nonbank custodian. Contributions made to such account are not deductible from gross income and will be disallowed if claimed on an income tax return.

This list of approved nonbank trustees and nonbank custodians includes their names, addresses, and the date each application was approved.

If an approved nonbank trustee or custodian believes that the information about it is incorrect, incomplete, or that it has been incorrectly omitted from this list, it may, on or before December 5, 2003, which is 60 days from the date of the publication of this list in the Internal Revenue Bulletin, notify the Service in writing of any changes it proposes to the list. This notification should include a copy of the approval letter.

The notification should be addressed to:

Internal Revenue Service
SE:T:EP:RA:T1
Announcement 2003-54
1111 Constitution Ave., NW
Washington, DC 20224

Drafting Information

The principal author of this announcement is Calvin Thompson of the

Employee Plans, Tax Exempt and Government Entities Division

. Please contact  Mr. Thompson at

1-202-283-9596

(not a toll-free number), if there are any questions regarding the publication of this list. Written inquiries concerning this announcement should be addressed to the Internal Revenue Service at the above address.

APPROVED Nonbank Trustees/Custodians as of December 31, 2002
Name Address Approval Date
1. A.B. Culbertson & Co. 1250 Continental Plaza Fort Worth, TX 76102 May 15, 1984
2. A.G. Becker & Co. Chicago, IL December 12, 1979
3. A.G. Edwards & Sons, Inc. One North Jefferson St. Louis, MO 63103 November 26, 1980
4. ABN AMRO Securities LLC 55 East 52nd Street New York, NY 10022 September 7, 2000
5. Adler, Coleman Clearing Corp. 20 Broad St. New York, NY 10005 April 7, 1987
6. Advanced Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127-1031 April 18, 1984
7. Advest, Inc. 280 Trumbull Street Hartford, CT 06103 January 24, 1989
8. Aisel & Co. 20 Broad Street New York, NY 10005 April 26, 1991
9. American Brokerage Services, Inc. 131 Lafayette Ave. Detroit, MI 48226 September 18, 1991
10. American Capital Marketing, Inc. (FKA American General Capital) 2777 Allen Parkway Houston, TX 77215 June 25, 1984
11. American Express Financial Corp. IDS Tower 10 Minneapolis, MN 55440 August 12, 1977
12. American Heritage Life Ins. Co. 76 South Laura Street Jacksonville, FL 32202 December 11, 1984
13. American Transtech, Inc. 8000 Baymeadows Way Jacksonville, FL 32256 August 15, 1990
14. Analytic Investment Management, Inc. 2222 Martin Street, Suite 230Irvine, CA 92715-1454 May 9, 1989
15. Aspen Partnership 1895 Claremont Road Hoffman Estates, IL 60195 October 25, 1990
16. B.C. Ziegler & Co. 215 North Main Street West Bend, WI 53095 September 27, 1985
17. Banc One Capital Corporation P.O. Box 18277 90 North High Street Columbus, OH 43218 February 24, 1992
18. Bank Hapoulim B.M. 6501 Wilshire Blvd. Los Angeles, CA 90048 May 15, 1986
19. Bank Julius Baer & Co., LTD 330 Madison Avenue New York, NY 10017 December 15, 1988
20. Bank Leumi Le - Israel B.N. Western Hemisphere Regional Mgt. 242 Fifth Avenue New York, NY 10022 February 10, 1982
21. Bartlett & Co. 36 East Fourth Street Cincinnati, OH 45202 February 1, 1989
22. Bear, Stearns & Co., Inc. 5 Hanover Square New York, NY 10004 June 2, 1986
23. Bear, Sterns, Securities Corp. 2 Broadway, 12th Floor New York, NY 10004 June 24, 1991
24. Berklee College of Music, Inc. 1140 Boylston Street Boston, MA 02110 May 9, 1989
25. Blunt Ellis & Loewi, Inc. 225 East Mason Street Milwaukee, WI 53202 January 25, 1982
26. BNY Clearing Services, LLC (FKA Kemper Clearing) 111 East Kilbourn Milwaukee, WI 53202 August 21, 1989
27. Boettcher & Company, Inc. 828 Seventeenth Street Denver, CO 80201 August 10, 1987
28. Brown & Company Securities Corporation 20 Winthrop Square Boston, MA 02110 February 27, 1985
29. Bruns, Nordeman, Rea & Co. New York, NY October 31, 1977
30. Burke, Christensen & Lewis Securities, Inc. 120 S. La Salle Street, Suite 940 Chicago, IL 60603 March 11, 1986
31. Burton J. Vincent, Chesley & Co. 105 West Adams St. Chicago, IL 60603 March 25, 1982
32. Butler Wick & Co., Inc. City Center One Bldg. Youngstown, OH 44501 October 8, 1992
33. BUYandHold Securities Corporation 110 Wall Street New York, NY 10005 October 5, 2000
34. Carolina Securities Corp. 239 Fayetteville St. Raleigh, NC 27602 August 29, 1983
35. Chapin, Davis & Company, Inc. 3 Village Square, Cross Keys Baltimore, MD 21210 December 7, 1983
36. Charles Schwab & Co., Inc. 101 Montgomery Street San Francisco, CA 94104 January 8, 1982
37. Christian & Missionary Alliance P.O. Box C Nyack, NY 10960 August 15, 1985
38. CIBC World Markets Corporation 200 Liberty Street New York, NY 10281 July 26, 1977
39. City Securities Corp. 135 North Pennsylvania Street Indianapolis, IN 46204 December 21, 1982
40. Commerce First Thrift Midvale, UT 84047 May 25, 1978
41. Comprehensive Investment, Inc. One Moody Plaza Galveston, TX 77550 June 16, 2000
42. Continental Trust Co. 17110 Dallas Parkway, Suite 200Dallas, TX 75248 February 22, 1977
43. D. A. Davidson & Co. Davidson Building#8 Third Street North Great Falls, MT 59403 June 11, 1982
44. D.J. St. Germain, Inc. 1500 Main Street Springfield, MA 01115 January 1, 1977
45. Davenport & Co. of Virginia, Inc. 901 E. Cary Street Richmond, VA 23219 February 2, 1987
46. Davenport & Company LLC 901 East Cary Street Richmond, VA 23219 March 31, 1997
47. Deutsche Bank Securities Corp. d.b.a. C.J. Lawrence Deutsche 1290 Avenue of the Americas New York, NY 10104 March 14, 1980
48. Deutsche Bank Securities, Inc. 1 South Street Baltimore, MD 21203 April 11, 1994
49. Donaldson, Lufkin & Jenrette Securities Corp. 140 Broadway New York, NY 10005 December 4, 1985
50. Dougherty, Dawkins, Strand & Yost, Inc. 100 South Fifth Street, Suite 2300 Minneapolis, MN 55402 February 22, 1986
51. Dresdner Kleinwort Wasserstein Securities LLC 75 Wall Street New York, NY 10005 October 9, 2002
52. Dreyfus Investment Services, Corp. Two Mellon Bank Center Pittsburgh, PA 15259 May 18, 1989
53. Duncan-Williams, Inc. 5860 Ridgeway Center Parkway Memphis, TN 38120 December 13, 1995
54. E*Trade Clearing LLC 10951 White Rock Road Rancho Cardova, CA 95670 September 3, 2002
55. E*Trade Securities LLC 4500 Bohannon Drive Menlo Park, CA 94025 August 30, 2002
56. E*Trade Securities, Inc. 480 California Avenue Palo Alto, CA 94306 February 1, 1996
57. Eads Generoe Trust St. Louis, MO February 3, 1977
58. Edward D. Jones & Co. 201 Progress Parkway Maryland Height, MO 63043 May 30, 1985
59. El Paso Electric Co. P.O. Box 982El Paso, TX 79960 June 15, 1983
60. Elan Investment Services, Inc. 777 E. Wisconsin Ave. Milwaukee, WI 53282 December 21, 1987
61. Emmett A. Larkin Co., Inc. 100 Bush Street San Francisco, CA 94104 April 17, 1986
62. Eppler, Guerin & Turner, Inc. 2001 Bryan Tower, Suite 2300 Dallas, TX 75201 September 6, 1984
63. EVEREN Securities, Inc. 77 West Wacker Drive Chicago, IL 60601-1694 November 19, 1998
64. Fahnestock & Co., Inc. (formerly Edward A. Viner & Co.) 110 Wall Street New York, NY 10005 April 15, 1982
65. Fechtor, Detwiler & Co., Inc. 155 Federal Street Boston, MA 02110 March 26, 1982
66. Ferris, Baker Watts, Inc. (formerly Ferris & Company) 1720 Eye Street, NW Washington, DC 20006 December 4, 1987
67. Financial Data Services, Inc. 400 Atrium Drive Somerset, NJ 08873 November 14, 1990
68. First Albany Corp. 41 State Street Albany, NY 12207 September 26, 1979
69. First Clearing Corporation 10700 Wheat First Dr. Glen Allen, VA 23060 April 21, 1999
70. First Illinois Capital Corp. 424 7th Street Plaza 7 Rockford, IL 61110 May 27, 1982
71. First Investors Corp. 120 Wall Street New York, NY 10005 April 19, 1982
72. First Manhattan Co. 437 Madison Avenue New York, NY 10022 January 26, 1990
73. First of Michigan Corporation 100 Renaissance Center, 26th Floor Detroit, MI 48243 August 31, 1994
74. Fiserv Securities, Inc. One Commerce Square 2005 Market Street Philadelphia, PA 19103 November 15, 1984
75. Fleet Clearing Corporation 67 Wall Street New York, NY 10005 December 3, 1986
76. Fleet Norstar Securities, Inc. 14 Wall Street New York, NY 10005 August 30, 1991
77. Folger, Nolan, Fleming & Douglass 725 15th Street, N.W. Washington, DC 20015 September 16, 1981
78. Freedom Capital Management Corporation One Beacon Street Boston, MA 02108 August 29, 1991
79. Freeman Welwood & Co., Inc. 1501 Fourth Avenue, Suite 1700 Seattle, WA 98101 February 13, 1996
80. G.T. Global Investors Services, Inc. 50 California Street San Francisco, CA 94111 May 27, 1994
81. General Conference of the Mennonite Brethren Churches, Board of Trustees 315 South Lincoln Hillsboro, KS 67063 March 8, 1983
82. Goldman, Sachs & Co. 85 Broad Street New York, NY 10004 December 8, 1982
83. Greek Catholic Union of the U.S.A. 5400 Tuscarawas Rd. Beaver, PA 15009-9513 May 24, 2000
84. Gruntal & Co, Inc. 14 Wall Street New York, NY 10005 June 13, 1984
85. H&R Block Financial Advisors, Inc. 735 Griswold Street Detroit, MI 48226 December 8, 1983
86. H.G. Wellington & Co., Inc. 14 Wall Street New York, NY 10005 September 13, 1993
87. H.M. Payson & Co. One Portland Square P.O. Box 31Portland, ME 04112 August 20, 1987
88. Halpert and Company, Inc. 284 Millburn Avenue Millburn, NJ 07041 April 17, 1996
89. Hamilton Investments, Inc. (formerly Illinois Company, Inc.) 30 North La Salle St. Chicago, IL 60602 August 6, 1982
90. Hampshire Funding, Inc. One Granite Place P.O. Box 2005 Concord, NH 03301 May 26, 1988
91. Hanifen, Imhoff Clearing Corp. 1125 17th Street Denver, CO 80217 April 22, 1997
92. Hanifen, Imhoff, Inc. 1125 17th Street, Suite 1700 Denver, CO 80202 December 3, 1985
93. Harris Investor Services LLC Harborside Financial Center 501 Plaza II Jersey City, NJ 07311 May 1, 2002
94. Hartford Life Insurance Co. Hartford Plaza Hartford, CT 06106 March 3, 1982
95. Hazlett, Burt & Watson, Inc. 1300 Chapline Street Wheeling, WV 26003 April 11, 1995
96. Heartland Securities, Inc. 208 South LaSalle St. Chicago, IL 60604 March 6, 1984
97. Henry Scott, Inc. Philadelphia, PA March 23, 1982
98. Herzfeld & Stern, Inc. 30 Broad Street New York, NY 10004 December 12, 1984
99. Herzog, Heine, Geduld, Inc. 26 Broadway New York, NY 10004 February 11, 1982
100. Holt & Collins 188 Embarcadero, Suite 760 San Francisco, CA 94105 September 8, 1988
101. Home Life Financial Assurance Corporation 2400 West Bay Drive Largo, FL 33540 November 13, 1986
102. Howard, Weil, Labouisse, Friedrichs, Inc. 1100 Paydrus Street, Suite 900New Orleans, LA 70163 December 28, 1987
103. Howe Barnes Investments, Inc. 135 S. LaSalle Street Chicago, IL 60603 July 6, 1994
104. Huntleigh Securities Corporation 222 South Central Ave. St. Louis, MO 63102 October 22, 1997
105. I.M. Simon & Co. 7730 Forsyth Blvd. Clayton, MO 63105 November 3, 1981
106. iClearing, LLC 100 Wood Avenue South Iselin, NJ 08830 February 7, 2001
107. Investment Advisers, Inc. 1100 Dain Tower Minneapolis, MN 55440 October 9, 1981
108. Isler, Colling & McAdams Portland, OR October 5, 1978
109. J.C. Bradford & Co. 330 Commerce Street Nashville, TN 37201 February 28, 1982
110. J.J.B. Hilliard, W.L. Lyons, Inc. Hilliard Lyons Center 501 South Fourth St. Louisville, KY 40202 February 11, 1992
111. Jacob Engle Foundation, Inc. (The) P.O. Box 1136Upland, CA 91786 March 25, 1983
112. Janney Montgomery Scott, Inc. 1801 Market Street Philadelphia, PA 19103 March 23, 1982
113. Jefferson Pilot Investor Services, Inc. 100 North Greene St. Greensboro, NC 27401 October 22, 1979
114. Jesup, Josephthal & Co., Inc. One Whitehall Street New York, NY 10004 December 18, 1990
115. John Hancock Clearing Corporation 200 Liberty Street New York, NY 10281 March 21, 1991
116. John Hancock Mutual Life Insurance Company John Hancock Place 200 Clarendon Boston, MA 02117 August 24, 1993
117. Juran & Moody, Inc. Minnesota Mutual Life Center 400 N. Robert St. St. Paul, MN 55101 May 27, 1994
118. Kagin Numismatic Services, Ltd. 1000 Insurance Exchange Bldg. Des Moines, IA 50309 March 18, 1980
119. KH Funding Company 10801 Lockwood Drive, Suite 370 Silver Spring, MD 20901 February 13, 2002
120. Kirkpatrick, Pettis, Smith Polian, Inc. 1623 Farnam Street, Suite 700Omaha, NE 68102 August 18, 1981
121. L.F. Rothchild, Unterberg, Towbin 55 Water Street New York, NY 10041 December 23, 1985
122. Legg Mason Wood Walker, Inc. 111 S. Calvert Street P.O. Box 1476Baltimore, MD 21203 June 4, 1985
123. Lehman Brothers, Inc. 200 Vesey St. New York, NY 10285 December 20, 2000
124. Lester Sumrall Evangelistic Association, Inc. 530 East Ireland Road South Bend, IN 46614 September 2, 1988
125. Liberty Life Insurance Co. P.O. Box 789 Greenville, SC 29602 September 3, 1982
126. Manley, Bennett, McDonald & Co. St. Louis, MO January 1, 1977
127. McDonald & Company Securities, Inc. 580 Walnut Street Cincinnati, OH 45202 December 15, 1983
128. MEGA Life and Health Insurance Company (The) 501 West Interstate 44 Service Road Oklahoma City, OK 73118 May 29, 1991
129. Menold, Crawford, Hippler & Co. 23930 Michigan Ave. Dearborn, MI 40126 December 9, 1988
130. Merrill, Lynch, Pierce, Fenner & Smith, Inc. One Liberty Plaza New York, NY 10006 August 3, 1987
131. Merrimack Valley Investment, Inc. 367 Kingsbury Ave. Haverhill, MA 01830 September 28, 1984
132. Mesirow Financial, Inc. 350 N. Clark Street Chicago, IL 60610 May 28, 1982
133. Metropolitan Life Insurance Co. One Madison Avenue New York, NY 10010 January 28, 1987
134. Metropolitan Mortgage & Securities Corporation W. 292 Sprague Ave. Spokane, WA 99204 November 10, 1976
135. Mid-Ohio Securities Corp. Spitzer Park Plaza 511 Broad St. Elyria, OH 44035 January 28, 1983
136. Mid-States Enterprises, Inc. Carroll, IA December 30, 1976
137. Miller Johnson & Kuehn, Inc. 5500 Wayzata Blvd. Minneapolis, MN 55416 November 15, 2000
138. Milwaukee Company (The) 250 E. Wisconsin Ave. Milwaukee, WI 53202 September 15, 1986
139. MKI Securities Corp. 61 Broadway New York, NY 10006 April 17, 1985
140. Money Management Associates 4922 Fairmont Avenue Bethesda, MD 20814 May 26, 1987
141. Moore & Schley, Cameron & Co. Two Broadway New York, NY 10004 November 15, 1977
142. Morgan Keegan & Company, Inc. Morgan Keegan Tower Fifty Front Street Memphis, TN 38108 January 27, 1982
143. Morgan Stanley DW, Inc. 1585 Broadway New York, NY 10036 May 29, 1986
144. Mortgage Loan Services, Inc. 780 Lynnhaven Parkway, Suite 200 Virginia Beach, VA 23452 March 15, 1995
145. Moseley, Hallgarten, Estabrook & Weeden, Inc. One New York Plaza New York, NY December 10, 1985
146. Murphy Favre, Inc. W. 601 Riverside, 9th Floor Spokane, WA 99201 August 2, 1976
147. Mutual Service Cooperative Two Pine Tree Drive Arden Hills, MN 55112 June 6, 1996
148. Myriad Corporation 1400 50th Street West Des Moines, IA 50265 July 20, 1977
149. National Bank of Greece, S.A. 33 State Street Boston, MA 02109 February 4, 1988
150. National Covenant Properties Chicago, IL June 30, 1978
151. National Investor Services Corp. 44 Wall Street New York, NY 10005 March 18, 1996
152. National Life Insurance Company One National Life Drive Montpelier, VT 05604 January 1, 1998
153. National Securities Corporation 1001 Fourth Avenue, Suite 2200 Seattle, WA 98154 December 31, 1986
154. Nationwide Advisory Services, Inc. (Nationwide Financial Services, Inc) One Nationwide Plaza Columbus, OH 43216 September 25, 1985
155. Nationwide Credit Union One Nationwide Plaza Columbus, OH 43216 April 13, 1978
156. NBC Securities, Inc. 1927 First Ave., North Birmingham, AL 35203 July 16, 1996
157. Neuberger & Berman 522 Fifth Ave. New York, NY 10036 October 4, 1983
158. Newhard, Cook & Co. 300 North Broadway St. Louis, MO 63102 June 4, 1985
159. Oberweis Securities, Inc. 841 North Lake Street Aurora, IL 60506 February 11, 1985
160. PaineWebber, Incorporated 1285 Avenue of the Americas New York, NY 10019 May 12, 1989
161. Parker/Hunter, Inc. 600 Grant Street Pittsburgh, PA 15219 June 15, 1990
162. Partnership Services, Inc. 5520 LBJ Freeway, Suite 430 Dallas, TX 75240 March 31, 1993
163. Peninsular Securities Co. Waters Building Grand Rapids, MI 49503 January 28, 1985
164. Perelman-Carley & Associates, Inc. 3000 Farnam Street Omaha, NE 68131 January 13, 1989
165. Perkins, Wolf, McDonnell & Company 53 West Jackson Blvd. Chicago, IL 60604 December 30, 1991
166. Pflueger & Baerwald, Inc. 220 Montgomery Street San Francisco, CA 94104 November 9, 1981
167. PFS Investments, Inc. 3120 Breckenridge Blvd. Duluth, GA 30199 September 28, 1995
168. Pioneer Financial Services, Inc. 4233 Roanoke Road Kansas City, MO 64111 January 25, 1985
169. Pioneer Investment Management 60 State Street Boston, MA 02109 February 21, 1986
170. Prescott, Ball & Turben, Inc. 1331 Euclid Ave. Cleveland, OH 44115 January 27, 1983
171. PrimeVest Financial Services, Inc. 400 First Street South St. Cloud, MN 56301-3600 December 8, 1993
172. Principal Life Insurance Company 711 High Street Des Moines, IA 50392-0001 July 27, 1988
173. Prudential Securities, Inc. 100 Gold Street New York, NY 10292 July 28, 1989
174. R. Rowland & Co., Inc. St. Louis, MO March 29, 1984
175. R.G. Dickinson & Co. 200 Des Moines Building 405 6th Ave. Des Moines, IA 50309 July 20, 1983
176. R.J. Steichen & Company Midwest Plaza, Suite 100 801 Nicolett Mall Minneapolis, MN 55402-2526 May 21, 1993
177. Raymond James & Associates, Inc. 880 Carrillon Parkway P.O. Box 12749 St. Petersburg, FL 33733-2749 April 26, 1982
178. Raymond James & Associates, Inc. 880 Carillon Parkway P.O. Box 12749 St. Petersburg, FL 33733-2749 March 8, 1982
179. RBC Dain Rauscher, Inc. Dain Rauscher Plazza 60 South Sixth Street Minneapolis, MN 55402-4422 March 2, 1998
180. RBC Dain Rauscher, Inc. Dain Rauscher Plazza 60 South Sixth Street Minneapolis, MN 55402-4422 January 22, 1982
181. Regan MacKenzie, Incorporated 999 Third Avenue, Suite 4300 Seattle, WA 98104 August 31, 1989
182. Regions Investment Company, Inc. 2011 Fourth Ave. North Birmingham, AL 35203 July 20, 2000
183. Reserve Management Company, Inc. 810 Seventh Avenue New York, NY 10019 October 18, 1989
184. Robert W. Baird & Co., Inc. 777 E. Wisconsin Ave. Milwaukee, WI 53202 July 31, 1986
185. Robinson-Humphrey Co., Inc (The) 2 Peachtree St., N.W. Atlanta, GA 30383 May 24, 1982
186. Romano Bros. & Co. 820 Davis Street Evanston, IL 60201 September 28, 1984
187. Rose & Company Investment, Inc. 141 W. Jackson Blvd. Chicago, IL 60604 April 14, 1982
188. Rotan Mosle, Inc. 1500 South Tower Pennzoil Place P.O. Box 3226 Houston, TX 77001 May 6, 1980
189. Rushmore Investment Brokers, Inc. 4922 Fairmont Avenue Bethesda, MD 20814 September 24, 1986
190. Salomon Smith Barney, Inc. 388 Greenwich St. New York, NY 10105 July 22, 1985
191. Sanford C. Bernstein & Co., Inc. 767 Fifth Avenue New York, NY 10153 November 13, 1986
192. Santa Ana City Employees Credit Union 800 W. Santa Ana Blvd. Santa Ana, CA 92701 March 25, 1982
193. Saturna Capital Corporation 101 Prospect Street Bellingham, WA 98227-2838 March 28, 1991
194. SBC Trust Services, Inc. 2401 Cedar Springs Rd. Dallas, TX 75201-1407 April 10, 2001
195. SBCI Swiss Bank Corporation Investment Banking, Inc. 222 Broadway, 4th Floor New York, NY 10038 February 11, 1992
196. SBM Financial Services, Inc. 8400 Normandale Lake Boulevard Suite 1150 Minneapolis, MN 55437 May 13, 1995
197. Scott & Stringfellow, Inc. (FKN Craige, Inc.) 823 E. Main Street Richmond, VA 23219 May 5, 1999
198. Scottsdale Securities, Inc. 12855 Flushing Meadow Drive St. Louis, MO 63131 October 9, 1996
199. Securities Management Research Two Moody Plaza Galveston, TX 77550 June 22, 1978
200. Security Management Company (FKA Security Management) 700 SW Harrison St. Topeka, KS 66636-0001 August 14, 1996
201. SG Cowen Securities Corporation 1221 Avenue of the Americas New York, NY 10020 June 30, 1998
202. SMA Services, Inc. 35 Lakeshore Drive Birmingham, AL 35209 August 27, 1998
203. Smith, Moore & Co. 400 Locust Street St. Louis, MO 63102 January 18, 1983
204. Southwest Securities, Inc. Renaissance Tower 1201 Elm Street Suite 4300Dallas, TX 75270 December 9, 1992
205. Spear Rees & Co. 505 North Brand Blvd., Sixteenth Floor Glendale, CA 91203 January 13, 1988
206. Spear, Leeds & Kellog 120 Broadway New York, NY 10271 March 29, 1996
207. State Bond and Mortgage Company 8500 Normandale Lake Blvd., Minneapolis, MN 55437 December 21, 1990
208. State Employees Credit Union 801 Hillsborough Street P.O. Box 26807 Raleigh, NC 27611-6807 January 1, 1977
209. State Farm Investment Corporation One State Farm Plaza Bloomington, IL 61410 September 22, 1999
210. Stephens, Inc. 111 Center Street Little Rock, AR 72201 December 4, 1987
211. Stern Brothers & Co 1100 Main Street, Suite 2200 Kansas City, MO 64199 December 15, 1987
212. Sterne, Agee & Leach, Inc. 1500 Am South-Sonat Tower Birmingham, AL 35203 September 11, 1981
213. Stifel, Nicolaus & Co., Inc. 500 North Broadway St. Louis, MO 63102 September 9, 1981
214. Summit Discount Brokerage (FKA Lehigh Securities Corp.) 1457 MacArthur Road Lehigh Valley, PA 18002 April 4, 1990
215. Sunpoint Securities, Inc. 911 W. Loop 281 Longview, TX 75604 April 1, 1998
216. SunTrust Capital Markets, Inc. 3333 Peachtree Road, NE Atlanta, GA 30326 May 27, 1982
217. Sutro & Company, Inc. 201 California Street San Francisco, CA 94111-5096 December 8, 1988
218. Swiss American Securities, Inc. 100 Wall Street New York, NY 10005 December 2, 1980
219. Texas First Securities Corporation 1360 Post Oak Blvd., Suite 120 Houston, TX 77056 November 17, 1988
220. TIAA-CREF Individual & Institutional Services, Inc. 730 Third Avenue New York, NY 10017 September 9, 2002
221. Tucker Anthony, Incorporated One Beacon Street Boston, MA 02108 October 23, 1980
222. U.S. Bancorp Piper Jaffray, Inc. 800 Micollet Mall, Suite 800 Minneapolis, MN 55402-7020 April 21, 1982
223. U.S. Clearing Corporation 120 Wall Street New York, NY 10005 May 3, 1983
224. Unified Financial Securities, Inc. 429 North Pennsylvania Street Indianapolis, IN 46204 October 28, 1976
225. United of Omaha Life Insurance Mutual of Omaha Plaza Omaha, NE 68175 March 16, 1982
226. USAA Transfer Agency Company of Delaware USAA Building San Antonio, TX 78288 October 2, 1990
227. W.H. Reaves & Co., Inc. 30 Montgomery Street Jersey City, NJ 07302 December 7, 1990
228. W.H. Turlington & Co. 509 East Center Street Lexington, NC 27292 November 3, 1980
229. Wachovia Securities, Inc. 201 North Tryon Street Charlotte, NC 28202 April 6, 1990
230. Waterhouse Securities, Inc. 44 Wall Street New York, NY 10005 February 23, 1988
231. Wayne Hummer & Co. 300 South Wacker Drive Chicago, IL 60606 January 25, 1983
232. Web Street Securities, Inc. 222 South Riverside Plaza, 11th Floor Chicago, IL 60601 April 27, 2000
233. Wedbush Morgan Securities 1000 Wilshire Boulevard Los Angeles, CA 90030 December 24, 1984
234. Weiss, Peck & Greer One New York Plaza New York, NY 10004 June 16, 1982
235. Wells Advisors, Inc. 3885 Holcomb Bridge Road Norcross, GA 30092 March 20, 1992
236. Wexford Clearing Services Corporation 1 New York Plaza, 11th Floor New York, NY 10292 June 30, 1998
237. Wheat, First Securities, Inc. 707 East Main Street P.O. Box 135 Richmond, VA 23211 March 23, 1983
238. William R. Hough & Co., Inc. 100 2nd Avenue South, Suite 800 St. Petersburg, FL 33701 April 18, 1995

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