CHARLOTTE, N.C. & PORTLAND, Ore.--(BUSINESS WIRE)--TIAA-CREF Activity Allowance Company (“TIAA-CREF Life”) and M Banking Group (“M Financial”) today appear an absolute acceding to action TIAA-CREF Life’s activity allowance articles to M Financial’s Member Firms and their clients.
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Through this relationship, TIAA-CREF Activity will accretion admission to M Financial’s ultra high-net account applicant base, decidedly accretion its administration network. TIAA-CREF Activity will additionally advance a alternation of proprietary activity allowance articles that will be awash alone through M Banking and its affiliated accountant producers. In addition, TIAA-CREF Activity will accommodate a array of committed assets to abutment M Financial’s Member Firms, including sales and business support, underwriting and policyholder service.
“We’re aflame to accompany the backbone and adherence of TIAA-CREF Activity and our allowance acquaintance to advice abode the adult banking planning needs of M Banking Member Firm clients,” said Tony Garcia, Admiral and CEO of TIAA-CREF Activity Allowance Company. “The amount ethics that charge M Banking -- including their affection for applicant advocacy, account differentiation, and above artefact achievement -- present our alignment with an befalling to not alone accomplice with an industry baton but abound in a address constant with TIAA-CREF’s heritage.”
Fred Jonske, admiral and CEO of M Financial, said: “It speaks volumes that TIAA-CREF Activity chose to anatomy an absolute administration accord with M Financial. TIAA-CREF Life’s acceptability and banking strength, applicant focus and compassionate of the expectations of our Member Firms accomplish them an ideal accomplice for us. We are able-bodied positioned to aerate the amount of this accord for the audience we serve together. This is a different and agitative development for the M Community.”
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About TIAA-CREF Life
TIAA-CREF Activity is a wholly-owned accessory of Teachers Allowance and Accomplishment Association (TIAA), allotment of the TIAA-CREF companies. For its stability, complete investments, claims-paying adeptness and all-embracing banking strength, Teachers Allowance and Accomplishment Association (TIAA) and its associate TIAA-CREF Activity Allowance Company1 hold the accomplished ratings currently awarded from all four arch absolute allowance industry ratings agencies to allowance groups in the United States.2 TIAA-CREF is a Fortune 100 banking casework alignment that is the arch retirement provider for bodies who assignment in the academic, research, medical and cultural fields.
About M Banking Group
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With added than 130 Member Firms in 36 states and Canada, M Banking Group (www.mfin.com) is one of the nation’s arch banking casework architecture and administration companies. Since 1978, M Financial’s arrangement of absolute insurance, investment, and controlling account firms has served the needs of ultra-affluent individuals, accumulated executives, acknowledged entrepreneurs, and Fortune 1000 companies.
TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., associates FINRA, administer balance products. Activity Allowance is issued by TIAA-CREF Activity Allowance Company, 730 Third Avenue, New York, NY 10017.
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1 Allowance and accomplishment articles are accessible through TIAA, TIAA-CREF Activity Allowance Company and CREF, anniversary of which is amenable for its own banking obligation.
2 TIAA-CREF Activity Allowance Company (TIAA-CREF Life) is a wholly endemic accessory of Teachers Allowance and Accomplishment Association (TIAA). TIAA-CREF Activity holds the afterward ratings as a aftereffect of its accord with TIAA. A.M. Best (A as of 2/11), Fitch (AAA as of 6/11), Moody's Investors Account (Aaa as of 6/11) and Standard & Poor's (AA as of 8/11). Per S&P criteria, the decline of US abiding government debt banned the accomplished appraisement of U.S. insurers to AA (the additional accomplished appraisement available). There is no agreement that accepted ratings will be maintained. Ratings represent a company’s adeptness to accommodated policyholders’ obligations and claims and do not administer to capricious annuities, alternate funds or any added artefact or account not absolutely backed by TIAA-CREF Life’s claims-paying ability.
Tiaa Cref Life Insurance
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