SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 1-14603
CUSIP Number: 615337102
NOTIFICATION OF LATE FILING
(Check One): Form 10-K [X] Form 11-K Form 20-F Form 10-Q
Form N-SAR
For Period Ended: December 31, 2002
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Transition Report on Form 10-K Transition Report on Form 10-Q
Transition Report on Form 20-F Transition Report on Form N-SAR
Transition Report on Form 11-K
For the Transition Period Ended: ______________________________________
Read attached instruction sheet before preparing form. Please print or
type.
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
_____________________________________________________________________________
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PART I
REGISTRANT INFORMATION
Full name of registrant The Advest Thrift Plan c/o The Advest Group, Inc.
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Former name if applicable
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Address of principal executive office (Street and number)
90 State House Square
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City, state and zip code Hartford, CT 06103
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PART II
RULES 12b-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate).
(a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable
effort or expense;
(b) The subject annual report, semi-annual report, transition
[X] report on Form 10-K, 20-F, 11-K or Form N-SAR, or portion
thereof will be filed on or before the 15th calendar day
following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, or portion
thereof, will be filed on or before the fifth calendar day
following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25 (c) has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report or portion thereof could not be filed
within the prescribed time period. (Attach extra sheets if needed.)
Effective as of the end of the calendar 2002 plan year, Prudential Insurance
Company of America became recordkeeper for the Advest Thrift Plan (the "Plan"),
and Prudential Trust Services became trustee of the Plan. Previously, these
services had been provided by ATR, Inc. and Advest, Inc. Also effective as of
the end of the 2002 plan year, the Lebenthal & Co., Inc. Profit-Sharing Plan was
merged with and into Plan. These changes necessitated significant conversion of
data and have resulted in delays in finalizing the financial information for the
2002 plan year. Although diligent efforts have been made to date, further time
is required to complete these financials required for the 11-K filing.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Lee G. Kuckro (860) 509-1000
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
[X] Yes No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
Yes [X] No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
The Advest Thrift Plan
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
THE ADVEST GROUP, INC.
Date June 27, 2003 By /s/Allen G. Botwinick
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Name: Allen G. Botwinick
Title: Chairman ATP Administrative Committee
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