Strategic Mixture of Unbiased Wealth Administration and Insurance coverage Distribution Subsidiaries to Drive Larger Scale and Seamlessly Built-in Providers
Mixed Agency to Ship Enhanced Capabilities and Coordinated Experience for Monetary Professionals Looking for to Develop Their Companies
Monetary Providers Business Chief Doyle Williams Named CEO
Protecting Life Company (Protecting), an entirely owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), right this moment introduced the launch of Concourse Monetary Group (“Concourse”). The transfer will create a unified group consisting of Protecting’s insurance coverage and monetary planning associates – ProEquities, a number one unbiased broker-dealer and RIA; First Protecting, a multi-faceted brokerage normal company that makes a speciality of danger administration; and Protecting Distributors, a division that helps life insurance coverage distribution.
Protecting expects to launch Concourse on July 19, 2021, and has appointed Doyle Williams CEO of Concourse. Mr. Williams, a monetary companies trade chief with 40 years of expertise in constructing and rising enterprise in each the insurance coverage and wealth administration segments, is at present Senior Vice President, Distribution Firms with Protecting.
Upon completion of its launch, Concourse will embody an RIA, broker-dealer, brokerage normal company, and protection-focused point-of-solution group. The next leaders will serve key positions within the group:
Libet Anderson – President, Funding Options. Presently, Ms. Anderson is President of ProEquities, having joined the agency in 2016 to function Vice President and Managing Director of Advisory and Planning. She has over 30 years of economic companies expertise and has held management roles at Edward Jones and Sterne Agee Asset Administration.
Brad Mendenhall – President, Insurance coverage Options. Presently, Mr. Mendenhall is Vice President and Managing Director of Protecting Distributors. He has over 30 years of economic companies expertise, particularly within the areas of gross sales, operations and distribution management. Previous to becoming a member of Protecting Distributors, Brad was the Vice President and Nationwide Gross sales Director at Lincoln Monetary Distributors.
David Perry – Chief Operations Officer. Presently, Mr. Perry is Chief Operations Officer for the Protecting Distribution Firms. Beforehand at Protecting, he served first as Vice President of Operational Threat Administration after which Vice President of Company Technique. Previous to Protecting, David was an lawyer in personal follow at Maynard Cooper & Gale, P.C., and later served because the Chief Monetary Officer for the State of Alabama.
Darren Guerrera – Chief Monetary Officer. Presently, Mr. Guerrera is Chief Monetary Officer for ProEquities. He has over 25 years of expertise in monetary administration management roles within the monetary companies trade. Previous to becoming a member of ProEquities, Darren was Division Finance Supervisor at BBVA Securities.
Backed by this credentialed management group, the launch of Concourse will drive elevated scale and seamless integration, leading to enhanced capabilities, higher service and extra coordinated experience to help monetary professionals looking for distinctive development sources for his or her companies.
Mr. Williams mentioned, “We’re extremely excited to announce the launch of Concourse Monetary Group, to function a well-resourced, dependable and steady vacation spot for growth-minded monetary professionals with a long-term imaginative and prescient of success. A unified group positions us for development and permits us to remain forward of the curve in addressing the fast-changing dynamics of right this moment’s monetary companies atmosphere. Most significantly, the shared strategic imaginative and prescient and repair tradition of the companies that comprise Concourse underscore our ongoing dedication to ship a particularly high-touch service expertise for our monetary and insurance coverage professionals.”
Concourse will supply built-in companies, enhanced capabilities and helpful experience within the following areas: insurance coverage companies, complete monetary planning, funding companies and follow administration. To help this effort, a centralized Concourse group will function an extension of a monetary skilled’s follow, coordinating entry to consultants in these very important areas, permitting them to customise monetary plans, ship a whole wealth administration and insurance coverage providing, and serve purchasers extra capably.
Mr. Williams concluded, “Our group takes nice satisfaction within the relationships we have now constructed with our neighborhood of unbelievable monetary professionals and we’re energized by the probabilities forward. In the end, this endeavor is about assembly each monetary skilled the place they’re now within the evolution of their enterprise and serving to them get to the place they wish to go sooner or later.”
About Concourse Monetary Group
A division of the Protecting Life Company, Concourse Monetary Group presents monetary professionals the instruments wanted to assemble, develop and defend shopper belongings via its affiliated entities. Comprised of funding administration, monetary planning, insurance coverage companies and follow administration companies, Concourse Monetary Group is the vacation spot for growth-oriented monetary professionals.
About Protecting Life Company
Protecting Life Company (Protecting) gives monetary companies via the manufacturing, distribution and administration of insurance coverage and funding merchandise all through the U.S. Protecting traces its roots to its flagship firm, Protecting Life Insurance coverage Firm – based in 1907. All through its greater than 110-year historical past, Protecting’s development and success will be largely attributed to its ongoing dedication to serving individuals and doing the suitable factor – for its workers, distributors, and most significantly, its clients. Protecting’s dwelling workplace is positioned in Birmingham, Alabama, and its 3,500+ workers work throughout the USA. As of December 31, 2020, Protecting had belongings of roughly $127 billion. Protecting Life Company is an entirely owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750). For extra details about Protecting, please go to www.Protective.com.
Securities supplied via ProEquities, Inc, member FINRA/SIPC. Funding advisory companies supplied via Funding Advisors, a DBA for ProEquities, Inc., a Registered Funding Advisor. On July 19, 2021, ProEquities, Inc. will turn out to be Concourse Monetary Group Securities, Inc.
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