Bala Cynwyd, PA – MassMutual Greater Philadelphia and PennWood Financial Group announce today that they are joining forces to create one of the largest insurance and wealth management firms in the tristate region.
Under the leadership of Harris S. Fishman, president and CEO of MassMutual Greater Philadelphia, the firm will expand to over 175 advisors, representing over $2.38 billion of assets serviced. With a combined team of over 45 specialists and staff, they will now service over 54,000 clients. The merger has also significantly expanded their geographic footprint, hosting offices throughout the Greater Philadelphia and Lehigh Valley regions.
“We are excited about the addition of 50 advisors along with the experienced and talented leadership team and staff that has joined MMGP,” states Fishman. “Our vision is to be the most trusted and respected insurance and wealth management firm for our clients, partners, associates, and community. This merger will allow us to provide more resources and support to our clients, advisors, partners and the community.”
Building on their excellent reputations and storied histories, the firm is poised to make an even bigger impact on the communities it serves. The Lehigh Valley Planning Commission is projecting that nearly 1 million people are expected to make the Lehigh Valley home by 2040 and the Greater Philadelphia region has experienced its 11th straight year of growth. As more and more young professionals, baby boomers and businesses move into these regions the need for financial education and resources is great and will only continue to rise.
“This is an exciting time for MassMutual Greater Philadelphia!” adds Fishman. “With our visionary culture and strong personal relationships, we are aligned to support the ever-growing needs of our communities.”
About MassMutual Greater Philadelphia
Pivotal life events often occur without warning. At MassMutual Greater Philadelphia, we take great pride in knowing that we have helped our neighbors, friends, families and business owners make good decisions when it comes to being financially prepared for the unexpected. We put the needs of our clients first and hold the strong belief that doing business the right way leads to long-lasting relationships with the communities we serve.
For more information, visit www.GreaterPhiladelphia.MassMutual.com or follow MassMutual Greater Philadelphia on Facebook, Twitter and LinkedIn.
Securities, investment advisory and financial planning services offered through qualified registered representatives of MML Investors Services, LLC. Member SIPC. 2 Bala Plaza, Suite 901, Bala Cynwyd, PA 19004, Tel: 610‐766-3000.
MassMutual is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. Local sales agencies are not subsidiaries of MassMutual or its affiliated companies. Agency officers are not officers of MassMutual.