For three generations, Valmark Financial® has been at the forefront of the financial services industry, working exclusively with successful entrepreneurial wealth transfer and wealth management firms to meet the unique and changing needs of clients.
Most notably, in 1996, Valmark merged a high-end life insurance “producer group” with all-encompassing securities and investment advisory services in order to better serve our Member Firms and their clients.
Today, we are a national, independent broker-dealer licensed in 50 states for life insurance and securities with corporate offices in Akron, Ohio and St. Paul, Minnesota. The various entities that comprise Valmark Financial Group specialize in providing equity, investment advisory, risk management, and qualified retirement plan products and support services for the industry’s top tier of wealth advisors.
Our approach to holistic financial planning is based on our unique combination of offerings from two fee-based planning SEC Registered Investment Advisory Firms, a FINRA Registered Securities Broker-Dealer, a Master General Insurance Agency/producer group and our Policy Management Company. This combination gives our Members the ability to selectively utilize offerings from each entity and uniquely tailor financial solutions to their individual client needs.
Being privately-held and boutique in nature requires a nimble and long-term strategy for sustainable growth. This makes us highly selective about the quality and number of firms we invite to join as Members. By design, we maintain a membership of 115 independently-owned Member Firms throughout the U.S. Our exclusive membership provides a breeding ground for success as we partner with our Members to build turnkey processes designed to streamline their businesses and make them more efficient, scalable and prosperous.
One of the industry’s largest, independent insurance-buying cooperatives for Member Firms with an estimated $42 billion of in-force life insurance and $6 billion of cash value. This combined buying power gives Members preferred access and leverage to negotiate the best arrangements on behalf of their clients.
An-house underwriting facility with a capability greater than most insurance companies, including multi-carrier underwriting expertise for jumbo cases and an Advocacy program designed to eliminate surprises and secure the most favorable offers in the marketplace.
A multi-custodial platform, including Schwab, TD Ameritrade and Pershing.
Valmark Policy Management Company exists to ensure that actual results align with a client’s expectations of their promised policy benefits. Our ongoing policy management and monitoring services give Member Firms and their clients direct access and control of each policy’s performance, using innovative technology and a dedicated team of Valmark experts. Grounded in our 50+ years of providing sophisticated life insurance solutions, this service creates a client experience that represents a new standard of excellence within the insurance industry.
A fully-transparent life settlement brokerage that offers one of the industry’s most efficient and compliant outlets for selling life insurance policies. Our Life Settlements Advocacy program has created an additional $110 million of value for clients.
Over the years, Valmark has evolved from an innovative producer group (Executive Insurance Agency) founded in 1963 serving high-end life insurance firms, to today’s family of companies known as Valmark Financial Group.
Each of these companies brings a package of solutions, services and products that allow Members to better serve their clients.
Our commitment to excellence results in a culture oriented to helping Member Firms reach their potential and capitalize on changes in the marketplace. With impeccable follow-through, we provide this assistance through concierge-level service provided by a distinguished professional services team of 100+ individuals, one of the highest staff-to-producer ratios in the industry.
With credentials spanning multiple financial disciplines—from legal, accounting, tax and financial advisory expertise to life insurance, retirement planning and securities—the Valmark team serves as a back office support staff for Member Offices, enabling them to offer their clients a comprehensive array of services provided by some of the brightest minds in our business.
The relationship your firm enjoys as a Valmark Member is tailored to YOUR strengths, YOUR goals, and YOUR business. Our flexibility is how you know we respect your expertise.
While many broker dealers may offer a wide range of products and services, their idea of “value added” often means giving you a list of “800 numbers”. At Valmark, you receive a dedicated team of internal professionals who provide integrated support for both your insurance and investment business through a central source. With one phone call, your internal team can coordinate all aspects of your case or inquiry – including technical and marketing support, case design, provider questions, software and online support, underwriting, compliance, client service and more.
What is also indicative of the high value we place on our relationships with our Members is our turnover rate of only 1%, which is one tenth of that experienced by other independent broker-dealers.
Today, our average Member Firm generates approximately five times the total revenue that they did two decades ago. This is a strong testament to the sound and collaborative relationships we have built with our Firms, the continued alignment we have with our Members and their clients, and our steadfast commitment to staying flexible and ahead of changes taking place in our industry.