June 8, 2019
Strategic partnership between Wescom Financial Services and Simplicity Life formed to enhance insurance offering and increase sales opportunities.
Pasadena, CA – Wescom Financial Services and Simplicity Life have formed a strategic partnership to enhance, expand, and provide more insurance sales support for Wescom Financial Services Advisors and Member Services Representatives. Wescom Financial Services went through an extensive RFP and search process in the latter half of 2018 to determine which industry partner would best support their ever-expanding investment program. Through this search, Wescom Financial Services has selected Simplicity Life to be their exclusive third party provider of fixed and index annuities.
“Aligning with Simplicity Life will allow the Wescom Financial Services Advisors and Member Services Representatives to leverage the industry leading platform Simplicity Life has built for the financial institution channel over the past twenty years. Simplicity Life will provide onsite wholesaling support, in person and virtual training, support of marketing and outreach to existing and new Wescom Financial Services account holders in addition to back-office support in streamlining the sales process,” said Jonathon Allen, President, Wescom Financial Services.
“Wescom is a highly respected program in the institutional space, and very unique in that the Credit Union owns its own Broker Dealer. The platform program that Wescom has cultivated over the past two decades is second to none, and the advisors are all top performers. Wescom’s culture of service and excellence fits well with the Simplicity Life service model and we feel fortunate to be involved with such an exceptional organization,” said Heidi Williams, Vice President, Simplicity Life
About Wescom Financial Services
For more than a decade, Wescom Financial Services (WFS) has been offering full-service, investment services to Wescom Credit Union members. Now with more than 13,000 accounts, WFS manages assets of over $1 billion.
As a wholly-owned subsidiary of Wescom Credit Union, WFS stays true to the Wescom experience delivering the highest standard of service and personalized attention that members have come to expect from their Credit Union.
WFS understands that each member’s financial plan is unique. Its team of experienced WFS Investment Representatives are dedicated to understanding each member’s specific financial goals, while providing valuable advice needed to make informed decisions about stocks, bonds, mutual funds, annuities, insurance and retirement products.
About Simplicity Life
Simplicity Life’s forty plus-years of comprehensive industry knowledge and technology-driven sales tools allows producers to provide real solutions for their clients. Simplicity Life has a focus in the financial institution marketplace including broker-dealers, banks, and credit unions to provide real industry knowledge and support to build sales with fixed and index insurance products.
Simplicity Life is part of Simplicity Group Holdings which has acquired and owns eleven insurance distribution businesses and is one of the nation’s largest financial marketing organizations. Simplicity is transforming the financial services industry by unifying the strengths and passions of its leadership and partners to create solutions that help advisors provide the utmost service for their clients.
Wescom Financial Services