STT State Street Corporation

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation (NYSE: STT) and the largest institutional fund manager in the world, announced today the publication of its first proprietary research report developed in conjunction with the Wharton School and written for financial advisors and other investment professionals. The report series is entitled "Evolutionary Wealth Management." Co-authored by Knowledge@Wharton-- the online research and business analysis journal of the Wharton School of the University of Pennsylvania-- the report is the first in a quarterly series of reports intended to improve the quality of, and access to, practical wealth management research and intelligence for financial professionals. The first edition focuses on educating financial advisors about the challenges high net worth (HNW) retirees may face and strategies for advisors to use with their HNW clients to successfully meet those challenges. "State Street Global Advisors' Evolutionary Wealth Management reports seek to provide financial professionals with actionable insights they can use to cultivate and enhance their businesses," said Greg Ehret, co-head of SSgA's Advisor Strategies group. "Our new research report series is an example of SSgA's out-front thinking on the trends and issues affecting investors today, as well as our dedication to providing financial professionals with the tools they need to meet their customers' investment goals." Copies of the report are available from SSgA's Advisor Strategies group (877-521-4083) and also on-line through Knowledge@Wharton at http://www.knowledge.wharton.upenn.edu. About State Street Global Advisors State Street Global Advisors, the investment management group of State Street Corporation, delivers investment strategies and integrated solutions to clients worldwide across every asset class, investment approach and style. With $1.4 trillion in investment programs and portfolios (as of September 30, 2005), State Street Global Advisors has investment centers in Boston, Hong Kong, London, Milan, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, and Zurich, and offices in 28 cities worldwide. For more information visit State Street Global Advisors at www.ssga.com. About Knowledge@Wharton and the Wharton School Knowledge@Wharton http://knowledge.wharton.upenn.edu is a free biweekly online resource that captures knowledge generated at Wharton through such channels as research papers, conferences, books, and interviews with faculty on current business topics, and distributes that knowledge online to a global business audience. In addition to English, the Knowledge@Wharton network includes Chinese, Spanish and Portuguese editions of the website. The Knowledge@Wharton network provides robust editorial content covering areas ranging from Finance and Investment to Business Ethics, to an audience of 550,000 subscribers in 200 countries worldwide. Its audience is comprised of academics, journalists and professionals, including many who are C-level and senior business executives. The Wharton School of the University of Pennsylvania is recognized around the world for its academic strengths across every major discipline and at every level of business education. Founded in 1881 as the first collegiate business school in the nation, Wharton has approximately 4,600 undergraduate, MBA, and doctoral students, more than 8,000 participants in its executive education programs annually, and an alumni network of more than 80,000 worldwide.