M Financial Group

The M Financial Group is a life insurance company based in Portland, Oregon, US. It offers life insurance and other financial services to "the ultra-affluent and corporate markets."[1]

M Financial Group
Private
Founded1978
FounderPeter W. Mullin
Mark Solomon
Carl Mammel
Eli Morgan
Headquarters
Portland, Oregon
,
United States
Key people
Westley V. Thompson (Chief Executive Officer & President)
ProductsLife insurance [Investments]
Websitewww.mfin.com

History

The company was co-founded by Peter W. Mullin, Mark Solomon, Carl Mammel, and Eli Morgan in 1978.[2][3][4]

Over the years, the M Financial Group partnered with many insurance companies. Five years after its creation, in 1983, it partnered with Pacific Life.[2] Three years later, in 1986, it partnered with Unum.[2] By 1987, it had also partnered with Prudential Financial.[2] Five years later, in 1992, it partnered with John Hancock Financial.[2] By 2006, it had partnered with the Nationwide Mutual Insurance Company.[2] In 2011, it partnered with TIAA–CREF.[2]

By 2008, its annual sales had grown by 75%, up to US$2 billion.[5]

In 2014, the company established the M Center of Excellence at The American College of Financial Services, in partnership with the USC Davis School of Gerontology.[2]

Its chief executive officer and president is Westley V. Thompson.[6]

In 2019, M Financial Group partnered with PNC Financial Services Group in providing insurance products and services.[7]

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References
  1. "A Producer-Owned Client Advocate: An Interview with Fred H. Jonske, President and Chief Executive Officer, M Financial Group". Leaders. August 1, 2010. Retrieved October 22, 2015.
  2. "About M Financial". M Financial Group. Retrieved October 30, 2015.
  3. "Company Overview of M Financial Holdings Incorporated". Bloomberg Business. Retrieved October 22, 2015.
  4. Worcester, Adam (July 27, 2012). "M Financial earns respect for its innovative products". Portland Business Journal. Retrieved October 30, 2015.
  5. Alpert, Bill (March 17, 2008). "Losing Faith in National Financial Partners". Barrons. Retrieved October 30, 2015.
  6. "M Financial Group Introduces Westley V. Thompson as New President & CEO of M Financial Group". M Financial.
  7. "M Financial partners with PNC". www.bizjournals.com. Retrieved 2020-03-04.

Official website

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