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FOR IMMEDIATE RELEASE
February 11, 2003 |
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Manulife USA named Elite Partner by NFP
Boston – Continuing to broaden its distribution capabilities, Manulife USA’s Group Pensions division has been named an Elite Partner by NFP Securities, Inc. (“NFPSI”). NFPSI, a wholly owned subsidiary of National Financial Partners Corp. (“NFP”), is one of the nation’s premier independent broker dealers offering marketing resources and support for independent benefit firms. As one of only three companies with the Elite Partner distinction, Manulife USA will have access to NFP’s strong network of benefits brokers and consultants.
“With access to NFP’s high-caliber group of companies, Manulife USA has significantly expanded its distribution capabilities,” said Joe Scott, Senior Vice President, Distribution for Manulife USA’s Group Pensions division. “Manulife USA’s products and services, coupled with NFP’s network of firms, form an ideal partnership that will help both companies achieve their growth objectives.”
“We are very pleased to welcome Manulife USA as an Elite Partner,” said Bill Thurston, Senior Vice President for NFP Benefits. “Manulife USA’s strong reputation and success in the small case 401(k) market make them an excellent choice for the clients of our firms.”
About NFP
Founded in 1999, NFP is building one of the nation’s premier independent financial services distribution companies serving high net worth individuals and successful corporations. NFP has completed the acquisition of more than 120 firms owned by entrepreneurs who recognize that size and scale will be important to the future of their businesses. NFP, headquartered in New York, is led by an experienced management team that continues to execute the company’s long-term growth and acquisition strategy aimed at combining the benefits of entrepreneurial independence with the resources of a national organization. For more information, please visit the company’s Web site at www.nfp.com.
About Manulife
The Manufacturers Life Insurance Company (U.S.A.) (Manulife USA) is committed to offering the highest quality annuity, life insurance, pension, tax-deferred college savings, and separately managed account products to its clients. Its family of products has been built around a powerful combination of investment options chosen with the goal of providing attractive risk-adjusted returns and broad diversification across asset classes, investment styles, and asset managers. With its extensive product lines, competitive underwriting, excellent ratings, and quality customer service, Manulife USA is dedicated to providing quality products designed to help create and preserve wealth for its clients. Group annuity contracts are issued by Manulife USA. Product features and availability may differ by state. In New York, products are issued by The Manufacturers Life Insurance Company of New York (Manulife New York).
Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were US$92.5 billion (Cdn$146.2 billion) as at December 31, 2002.
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.
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Media Contact:
Wendy W. Smith
U.S. Communications
617-854-4348
wendy_smith@manulife.com |
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