Foresters Financial announces sales force expansion including new branch office openings in Orlando and Oklahoma City
NEW YORK, Sept. 7, 2016 /PRNewswire/ - Foresters Financial has announced the opening of two new branch offices in Orlando, Florida and Oklahoma City, Oklahoma as part of a larger corporate initiative to expand its branch network.
The Orlando branch opened July 11, and will be led by newly appointed Branch Manager David Boykin who has nearly 30 years of experience in the financial services industry; while the Oklahoma City branch opened July 18, and will be led by Branch Manager Mary Trotter who brings nearly 20 years of industry knowledge to her new role.
"At Foresters Financial Services, we believe that investors deserve more than a financial services provider—they deserve a partner that will help them prosper and improve their community," explained Larry Noyes, President of Foresters Financial Services, Inc. "The expansion of our retail footprint in Orlando and Oklahoma City and our goal of recruiting additional Financial Representatives to help investors reach their goals, protect their families and improve the places where they live, are stepping stones in meeting our corporate goals and community responsibilities."
Mr. Noyes went on to say, "We are excited that Mr. Boykin and Ms. Trotter have chosen Foresters and we are even more pleased as to why they did. They were both inspired by our story and purpose—to do more for our clients, their families and communities, as well as the real opportunity that our growth represents. These values have defined us since our beginnings in 1874, and they continue to inspire us today."
Mr. Boykin said, "I was pleased to discover that Foresters believes, as I do, that life insurance and investment products are just a starting point for us and our clients. It's in working together through a true partnership to support neighborhood programs, charities and scholarships that we can accomplish even greater things. I am enthusiastically looking forward to leading the Orlando office."
Ms. Trotter said, "The values that Foresters has in working to make a difference really resonated with me. That difference should extend beyond an individual family's financial goals and into the communities where our clients live and are raising their families, which is exactly what Foresters does. I am very grateful for the opportunity to work with the people of Oklahoma City to help with their financial futures and assist in their neighborhood efforts."
Foresters Financial Services is committed to achieving significant office growth and productivity, providing quality sales leadership and management training, as well as robust practice management for its Representatives.
"These are very exciting times for Foresters Financial as we continue to build momentum and look forward to a new decade of growth that will unlock the tremendous potential of our purpose as a global organization," said Mr. Noyes.
About Foresters Financial Holding Company, Inc. (formerly First Investors)
Foresters Financial Holding Company, Inc. consists of a group of diversified financial services companies that include a registered broker-dealer, two investment advisers, a life insurance company and a transfer agent. Foresters Financial Services, Inc., a broker-dealer, helps everyday families reach their financial goals by offering solutions and guidance through its network of financial representatives working in 44 branch offices across the United States. Foresters Investment Management Company, Inc. is the investment adviser to the First Investors family of funds, which had more than $11 billion in total assets under management as of June 30, 2016. Foresters Life Insurance and Annuity Company, Inc., a New York domiciled insurance company, offers a range of insurance and annuity products and maintains an "A" (Excellent) rating by A.M. Best1. For more information visit foresters.com.
About Foresters Financial
Foresters Financial™ is an international financial services provider with more than three million clients and members in the United States, Canada and the United Kingdom, and total funds under management of $34 billion2. With a history of more than 140 years, we provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals, protect their families and improve their communities.3 For more information, visit foresters.com.
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
1 An "A" (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. A.M. Best assigns ratings from A++ to F, A++ and A+ being superior ratings and A and A- being excellent ratings. In assigning the Foresters Life Insurance and Annuity Company (FLIAC) rating on July 1, 2015, A.M. Best stated that the rating outlook is "stable", which means it is unlikely to change in the near future. See ambest.com for our latest rating.
2 in Canadian dollars as of December 31, 2015
3 Products offered vary by country. Not all products are available for distribution in all jurisdictions. In the United States, products are offered by The Independent Order of Foresters and its subsidiaries, including Foresters Financial Services, Inc. a registered broker-dealer. Securities, life insurance and annuity products are offered through Foresters Financial Services, Inc. or independent producers. Insurance products are issued by Foresters Life Insurance and Annuity Company, New York, or The Independent Order of Foresters. Investment advisory products and services are offered through Foresters Advisory Services, LLC, a registered investment adviser.
SOURCE Foresters Financial
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