Integrity Marketing Group acquiring The Quantum Group

Integrity Marketing Group is acquiring The Quantum Group, an independent distribution company based in Scottsdale, Ariz.

As part of the acquisition, operations will continue to be led by Ron Shurts, chairman and co-founder of Quantum, and Jim Maschek, managing partner of Quantum. Additionally, Shurts and Maschek will serve as managing partners in Integrity.

Financial details of the acquisition were not disclosed, Integrity announced in a news release.

The Quantum Group is recognized as "a leading authority on fixed indexed annuity and life insurance products" that serves advisors with its proprietary platform, providing registered investment advisors and broker-dealers with access to tailored insurance solutions, the release said.

Using a consultative approach, Quantum helps advisors navigate financial products and retirement strategies to "create optimal client outcomes," the release said. The firm’s education and training platform helps advisors choose from more than 400 FIA products and 200 life insurance options to determine the best asset allocation for each client’s specific goals.

Through partnerships with the nation’s leading product development companies, Quantum offers custom-designed distribution products, giving advisors access to exclusive options. Additionally, Quantum supports advisors in brand-building through integrated business development and strategic marketing, while also providing them with streamlined operations, technology, and client acquisition support, as well as advanced planning and portfolio solutions to scale and grow their businesses.

'Tremendous respect'

With concierge service standards, Quantum specializes in helping both new and tenured advisors increase their impact with custom education and support designed specifically for their business needs, the release said.

“The best relationships are those where you trust the other person implicitly — I’ve known Ron Shurts for many years and have tremendous respect for him and the impressive organizations he has built,” said Bryan W. Adams, co-founder and CEO of Integrity. “As we are expanding our holistic platform to provide more comprehensive offerings, it is evident that the Quantum team shares Integrity’s passion for service. They also bring impressive knowledge and expertise in every aspect of the annuity and life insurance business.”

“Bryan and I share the same vision — we are creating a smoother path for advisors to bring life-changing financial solutions to more Americans,” Shurts said. “By partnering with Integrity, we’re expanding the breadth of available solutions for both our advisors and Integrity’s expansive network of agents and advisors. I’m also thrilled to now offer company ownership to our incredible team through Integrity’s Employee Ownership Plan. As employee owners, each member of our team will have a meaningful stake in fundamentally serving people better."

Integrity Marketing Group, founded in 2006 and headquartered in Dallas, Texas, is one of the nation’s leading independent distributors of life and health insurance products focused on serving the senior market.

“Integrity has always attracted trailblazers from many fields, and Quantum is the clear leader in advisor support and education for those looking to grow their business,” said Tom Dempsey, Chief Distribution Officer at Integrity. “The company’s focus on advisor empowerment continues to make an enormous impact on the industry. With exclusive relationships with the leading FIA innovators, Quantum provides Integrity partners with access to the best solutions and services on the market backed by world-class support."

This report compiled by InsuranceNewsNet staff.