The asset manager Scudder Kemper Investments and the investment banking firm Thomas Weisel Partners are joining forces on a venture that will usher them both into private client wealth management.

In contrast to the person-to-person approach customary in private client businesses, Scudder Weisel Capital will operate almost completely online. A Scudder spokeswoman confirmed that the venture is being launched, but she would give no details.

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