MassMutual Southern and Northern New England Merge with CFG

MassMutual Southern New England in Warwick, R.I., and MassMutual Northern New England in Bedford, N.H., have merged with Commonwealth Financial Group (CFG), a Boston, Mass.-based comprehensive financial planning firm.

CFG, a general agency of Massachusetts Mutual Life Insurance Company, was established in 1857 with the commitment of providing financial services and products to individuals, families and business owners.

The firm has expanded through this merger to just less than 200 advisors. It has also broadened its outreach from metropolitan Boston to greater New England. CFG now has corporate offices in Boston, Mass., Hingham, Mass., Hyannis, Mass., Warwick, R.I., Bedford, N.H., and Burlington, Vermont.

“We are positioned to make a positive difference in even more clients lives through our expansion,” said Commonwealth Financial Group CEO Richard St. Jean in a company press release. “Our team of financial professionals is prepared to deliver the very best financial planning resources to business owners, professionals, executives and their families.”

With the current economic landscape, St. Jean stated in the release that he believes it is now more important than ever for individuals and business owners to seek guidance from a financial professional.

“We fundamentally believe that every client deserves the very best that the financial services industry has to offer and no one person can effectively deliver on that,” St. Jean said in the release. “We offer a unique, team approach that creates greater efficiency for clients to meet their financial objectives.”

Source: Commonwealth Financial Group