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October 26, 2011 at 10:36 AM
TIAA-CREF and M Financial Group (M Financial) have announced an agreement that will allow M Financial, Portland OR., to make available life insurance products from TIAA-CREF to its member firms as well as to its clients.
TIAA-CREF, New York, NY.,will use the exclusive distribution relationship to tap into the high net-worth clients that comprise M Financial’s base. The partnership expects to be enriched by the development of a series of proprietary life insurance products by TIAA-CREF that will be tailored specifically to the needs of M Financial’s client base and will be offered exclusively to M Financial and their affiliated licensed producers.
“Given the strong cultural alignment between the firms and a shared emphasis on client focus, long-term relationships, transparency in product design and risk mitigation, M Financial was top of mind when we sought a best-in-class partner” said Tony Garcia, president and CEO of TIAA-CREF Life Insurance Company.
