WEST DES MOINES, IA--(Marketwired - April 11, 2016) - Sammons Retirement Solutions® Inc., creator of the innovative LiveWell® Annuity Series and LiveWell® Mutual Fund IRA Series, announced record-breaking company growth in 2015.
The company, which was created in 2011 and began actively selling in 2012, works exclusively through independent financial professionals and their broker/dealers. In 2015, Sammons Retirement Solutions displayed growth in the following key areas:
- 35% increase in number of advisers writing business compared to 2014
- 36% increase in sales over 2014, with growth each year
- 23% increase in applications over 2014
"What we've achieved in three short years is unparalleled in the industry," said William Lowe, President of Sammons Retirement Solutions. "We have agreements in place with 240 broker/dealers with over 90,000 advisers, and we've exceeded $3 billion in sales. Our momentum just keeps growing, and our pending application count is higher than ever."
Lowe credits Sammons Retirement Solutions wholesalers, in large part, for this record growth. "We're still a growing company," he added, "but everybody's all-in. Our sales desk handled more than 278,000 adviser calls in 2015, and our regional vice presidents attended over 30,000 local, in-person adviser meetings."
For more information about Sammons Retirement Solutions, visit the website at www.srslivewell.com.
ABOUT SAMMONS RETIREMENT SOLUTIONS
Sammons Retirement Solutions (SRS) provides simple, innovative and straightforward solutions that can help individuals live well in retirement. The LiveWell Retirement Series, brought to advisers by SRS, is distributed by Sammons Financial Network, member FINRA. Sammons Financial Network® LLC, Midland National® Life Insurance Company, and Sammons Retirement Solutions are affiliated companies and indirect wholly owned subsidiaries of Sammons Enterprises, Inc. of Dallas, Texas.
Data provided is based on internal reports as of 3/16/2016.
Investing in mutual funds and variable annuities involves risk, including potential loss of investment. You and your client should consider the investment objectives, risks, charges, and expenses of the mutual fund or variable annuity and its underlying investment options carefully before investing. The prospectus and/or summary prospectus contain this and other information. You or your client can call 866-747-3421 to obtain a current prospectus for the mutual fund or the variable annuity and its underlying investment options. Please read it carefully.
Securities distributed by Sammons Financial Network® LLC, member FINRA. Insurance products are issued by Midland National® Life Insurance Company (West Des Moines, IA). Sammons Retirement Solutions® Inc. provides administrative services. Sammons Financial Network® LLC, Midland National® Life Insurance Company, and Sammons Retirement Solutions are affiliated companies and indirect wholly owned subsidiaries of Sammons Enterprises, Inc. of Dallas, Texas.
UMB Bank n.a. is the custodian for the LiveWell® Mutual Fund IRA Series. The mutual funds offered through the LiveWell® Mutual Fund IRA Series are made available through Sammons Financial Network® LLC, member FINRA, 4546 Corporate Drive, Suite 100, West Des Moines, IA 50266. Information about the LiveWell® Mutual Fund IRA Series and the funds can be obtained by calling 866-747-3421. UMB Bank n.a. is not an affiliate of Sammons Retirement Solutions® Inc.
NOT FDIC/NCUA INSURED, MAY LOSE VALUE INCLUDING LOSS OF PRINCIPAL, NO BANK/CU GUARANTEE, NOT A DEPOSIT, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.
FOR INSTITUTIONAL USE ONLY. NOT INTENDED FOR CONSUMER SOLICITATION PURPOSES.