MassMutual Teams Up with ALPFA to Celebrate 40-Year Anniversary and Help Develop Latino Business Leaders

SPRINGFIELD, Mass., Aug. 9, 2012 /PRNewswire/ -- As the U.S. economy teeters on recovery, the ever expanding Latino population may be poised to play a key role in the country's future. ALPFA, the largest Latino association dedicated to enhancing opportunities for Latinos and building leadership skills, wants to help as many of the more than 50 million Latinos in the U.S. as possible to prepare for that role and has joined forces with Massachusetts Mutual Life Insurance Company (MassMutual) to boost awareness of the need for financial education and the available tools to help plan their financial futures.

Over the past year, ALPFA and MassMutual have worked together to help the exploding number of Latino small business owners and families make good financial decisions for a more secure future. The two organizations have taken to the road to raise awareness of the need for financial education and future planning, hosting informational events and panel discussions in several locations across the country.

As ALPFA celebrates its 40^th anniversary at its national convention on August 11, in Las Vegas, MassMutual will provide career opportunities and guidance to the up to 3,000 expected attendees at the landmark event.

Jeffery Clemons, general agent of MassMutual's Nevada Agency, will present an accelerated workshop to help participants grow through personal development. Clemons sets a powerful example, rising from modest means as a child in Saginaw, Mich., joining the U.S. Air Force at 18 and, after his service was complete, pursuing his dream for a degree in managerial finance at the University of Nevada, Las Vegas.

MassMutual's Chris Mendoza, assistant vice president of Multicultural Markets Development, will participate in a leadership panel discussion, and students and professionals are invited to visit MassMutual's booths at the career and product fairs to learn more about the FORTUNE 500* mutual insurer.

"Our country is at an economic crossroads, and given the Latino population's phenomenal growth, we're at a critical juncture. We want to work with Latinos to help them secure greater career and financial security for themselves, their businesses and their families," said Chris Mendoza, assistant vice president, multicultural market development, MassMutual. "ALPFA's annual convention is an ideal way to reach current and future Latino business leaders, helping them to acquire more of the skills and information they need to help ensure the success of future generations."

"ALPFA members at our annual convention—both seasoned professionals and student future leaders—with the help of MassMutual, will have the opportunity to understand and explore ways to not only increase their own fiscal fitness, but also how to help others close these gaps in our community's fiscal health," said Manny Espinoza, CEO, ALPFA.

*FORTUNE Magazine,May 21, 2012

About MassMutual

Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.

MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.

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SOURCE MassMutual