Nashville, Tenn. – In an effort to provide unbiased financial recommendations and comprehensive solutions to consumers nationwide, independent advisors can now offer the universe of insurance, securities and managed money solutions from one entity, Producers Equity Group, or PEG, the first financial holding corporation of its kind.

Matthew J. Rettick, co-founder of the “True Advisor” comprehensive financial advisory services model, announced the launch of Producers Equity Group on Aug. 18, and its function to serve as an environment where independent advisors can truly be independent. Affiliated advisors are not captive, have no proprietary products to push, no individual product sales quotas to meet and are free to offer clients the entire universe of financial options with virtually no limitations. Through PEG, independent financial advisors across the country can gain access and support to diverse, yet comprehensive financial planning strategies and solutions, integrating insurance, securities and managed money, without encountering added difficulties from the financial services organization where the product and/or strategy originates.

“Producers Equity Group is designed to offer consumers the best of all worlds in financial advice without the usual limitations. PEG is a platform that provides independent financial service professionals the ability to offer clients comprehensive, all-inclusive solutions, utilizing a diverse mix of products and strategies,” said Matthew J. Rettick, president and chairman of PEG. “Before the ‘True Advisor’ model, these three disciplines, insurance, money management and securities, and their respective advisors, competed with each other for a client’s business, predominately because the financial services organization they worked with did not have access to other financial platforms or solutions. This ultimately kept the client from knowing the total financial benefit that comes with a well-rounded, all-inclusive financial plan. Now, we have Producers Equity Group, a place where each discipline works together and allows for affiliated advisors to offer a recommendation or combination of recommendations to meet the most specific needs of the clients they serve, and not the needs of the advisor or any company’s bottom line. We feel that our new model is the perfect home for the ‘True Advisor’ who chooses to offer multidisciplinary recommendations to the clients they serve.”

In a press release announcing the creation of PEG, the company says that the way it stands today, the financial services industry is divided. Individual greed and regulatory barriers, combined with uneducated and poorly trained advisors have left consumers lacking a well-rounded, total financial plan. When you take into account the recent volatile stock market and an unstable economy, it is consumers who have taken a big hit in the form of devastating financial losses. The financial industry must work together to regain consumer confidence and trust and help them gain the financial independence they deserve. PEG is the evolutionary answer to providing better customer service and unbiased, comprehensive advice.

Producers Equity Group is comprised of three financial divisions and was formed through the unification of three established entities; insurance, provided through Covenant Reliance Producers, LLC; investments, provided through Center Street Securities, Inc.; and money management solutions, provided through Brookstone Capital Management, LLC. Through this new partnership, independent advisors affiliated with PEG now have the capability to offer all-encompassing advice and planning strategies on: insurance solutions such as life, long-term care and fixed annuities; money management platforms; securities and investment products; income planning, retirement, estate and legacy planning strategies; asset protection, tax reduction solutions, and more. The press release says Producers Equity Group will help to rebuild the reputation of the financial industry one advisor at a time by developing unbiased advisors who have the know-how, tools, resources and support to offer clients advice and appropriate solutions from the entire universe of available financial products and strategies. In addition, PEG has created a tax planning practice that advisors can now add to their business model. Through Professional Tax Planners of America, advisors have a national network of CPAs available to them, should they desire to offer tax planning and preparation to their clientele.

Matthew J. Rettick, co-founder and visionary behind Producers Equity Group, identified the need to shift the paradigm within the industry and create a more efficient model for financial advisors to follow. Rettick called on Dean Zayed and J.R. Thacker to help him create PEG, a unique multidisciplinary holding corporation. Rettick, also president and founder of Covenant Reliance Producers (CRP), a Nashville-based insurance marketing organization, is in tune with the challenges advisors face today both as financial service advisors and business owners. CRP will provide the insurance solutions and comprehensive training to PEG affiliated advisors. Rettick will serve as the chairman and spokesperson for PEG.

Dean Zayed, president of Brookstone Capital Management, a registered investment advisory firm, is an attorney as well as a CFP with many years of estate and financial planning experience. Brookstone will provide money management solutions and training to PEG affiliated advisors. Zayed will serve as a founding board member of PEG.

J.R. Thacker, president of Center Street Securities, brings many years of experience to PEG. Center Street will offer affiliated registered representatives with investment solutions, real-world training and proven marketing strategies. Thacker will serve as a founding board member of PEG.

The press release goes on to say that the cooperative efforts of Rettick, Zayed and Thacker have produced an advisor model that is superior because it allows for advisors to expand their area of expertise confidently, without conflict and with the backing of a strong and experienced support network. The three founders have all worked as personal producers and have each earned top honors in that role, bringing their expertise to the advisor training platform to a higher level. The benefit of this model for the advisor is that they can become more knowledgeable in all disciplines, and therefore able to attract and help more clients with a wider range of expertise and financial solutions.

The PEG model, the release says, is breaking the organizational mold in the independent advisory marketplace by offering collaborative financial solutions from multiple disciplines. In addition, PEG has unprecedented advisor benefits. As a bonus, PEG will offer affiliated advisors and their staff members and families true group health insurance benefits, including dental, vision, life and disability, something uncommon in the industry today. Additionally, and most notably, each affiliated advisor has an opportunity to be awarded participation units based on their annual production through PEG, allowing them to benefit from the growth of the company.

To learn more about Producers Equity Group, visit www.ProducersEquity.com or call 877-620-4401.