Since 1978, M Financial Group has enabled the finest financial service professionals to collectively advocate for specialized products and services exclusively for affluent individuals, corporate executives, entrepreneurs, and Fortune 1000 companies.
With its roots in the insurance industry, M’s influence derives from its buying power. If it were ranked, as life insurance companies are, by the total amount of new premium written, M Financial Group would be among the largest life insurance companies in the country. This enables M Financial Group to negotiate special relationships with major insurance carriers on behalf of its nationwide distribution network of Member Firms.
M Financial Group revolutionized the insurance industry with its approach. Today, it is the most successful insurance marketer using multiple carriers, and its product lines include investments and other financial products.
The founders of M Financial Group were life insurance entrepreneurs who recognized that their wealthy clients required special products to meet their needs for estate planning, long-term succession planning for family-owned businesses, and executive retirement planning.
“Because our clients’ life insurance policies could be written as superior risks, we wanted insurance companies to design specialized products and charge premiums that reflected our clients’ reduced risk,” says Mark Solomon, a founder and director of M Financial Group and chairman of CMS Companies, an M Financial Group Member Firm.
To encourage life carriers to develop these products, M Financial Group took its concept a step further and formed a reinsurance business, known as M Life Insurance Company, which takes a portion of the risk in each policy written through M Financial Group.
Security Life in Denver was the first to work with M Financial Group to design custom products. “At the time, the concept of bypassing the traditional agency system and dealing directly with a group of producers was revolutionary,” says Solomon. Other carriers now include General Electric Financial Assurance, John Hancock, Lincoln Benefit Life, New York Life, Pacific Life, The Prudential, The Standard Insurance Company, and disability income insurer UnumProvident.
Only a select group of professionals meet M Financial Group’s admission standards. The same careful review is applied to the selection of carriers and other financial service providers and the performance of their products. Because due diligence is the hallmark of M Financial Group and its Member Firms, the network is regularly called upon as an advisor’s advisor. Top legal, accounting, banking, and other financial advisors who guide upscale consumers in their estate and business plans know they can depend on M Financial Group.