BIRMINGHAM, Ala.–(BUSINESS WIRE)–Protecting Life Company (Protecting), a completely owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), at present 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 impartial broker-dealer and RIA; First Protecting, a multi-faceted brokerage basic 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 business chief with 40 years of expertise in constructing and rising enterprise in each the insurance coverage and wealth administration segments, is at the moment Senior Vice President, Distribution Firms with Protecting.
Upon completion of its launch, Concourse will embody an RIA, broker-dealer, brokerage basic company, and protection-focused point-of-solution group. The next leaders will serve key positions within the group:
- Libet Anderson – President, Funding Options. At present, 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 monetary companies expertise and has held management roles at Edward Jones and Sterne Agee Asset Administration.
- Brad Mendenhall – President, Insurance coverage Options. At present, Mr. Mendenhall is Vice President and Managing Director of Protecting Distributors. He has over 30 years of monetary 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. At present, 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 legal professional 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. At present, Mr. Guerrera is Chief Monetary Officer for ProEquities. He has over 25 years of expertise in monetary administration management roles within the monetary companies business. Previous to becoming a member of ProEquities, Darren was Division Finance Supervisor at BBVA Securities.
Backed by this credentialed management crew, the launch of Concourse will drive elevated scale and seamless integration, leading to enhanced capabilities, higher service and extra coordinated experience to assist monetary professionals looking for distinctive progress sources for his or her companies.
Mr. Williams stated, “We’re extremely excited to announce the launch of Concourse Monetary Group, to function a well-resourced, dependable and secure vacation spot for growth-minded monetary professionals with a long-term imaginative and prescient of success. A unified group positions us for progress and permits us to remain forward of the curve in addressing the fast-changing dynamics of at present’s monetary companies surroundings. 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 worthwhile experience within the following areas: insurance coverage companies, complete monetary planning, funding companies and follow administration. To assist this effort, a centralized Concourse crew will function an extension of a monetary skilled’s follow, coordinating entry to consultants in these important areas, permitting them to customise monetary plans, ship an entire wealth administration and insurance coverage providing, and serve purchasers extra capably.
Mr. Williams concluded, “Our crew takes nice delight within the relationships we’ve got constructed with our neighborhood of unbelievable monetary professionals and we’re energized by the chances forward. Finally, 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 provides monetary professionals the instruments wanted to collect, develop and shield shopper belongings by means of 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 by means of 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 progress and success might be largely attributed to its ongoing dedication to serving folks and doing the best factor – for its staff, distributors, and most significantly, its prospects. Protecting’s house workplace is positioned in Birmingham, Alabama, and its 3,500+ staff work throughout america. As of December 31, 2020, Protecting had belongings of roughly $127 billion. Protecting Life Company is a completely owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750). For extra details about Protecting, please go to www.Protective.com.
Securities supplied by means of ProEquities, Inc, member FINRA/SIPC. Funding advisory companies supplied by means of Funding Advisors, a DBA for ProEquities, Inc., a Registered Funding Advisor. On July 19, 2021, ProEquities, Inc. will develop into Concourse Monetary Group Securities, Inc.