MetLife Premier Client Group ("MPCG") Advisors May Sell MetLife Fixed Annuity Products Through WebAnnuities Insurance Agency, Inc.
MetLife Premier Client Group ("MPCG") advisors can get contracted to sell MetLife fixed annuity products through WebAnnuities Insurance Agency, Inc., a national MetLife B-D for fixed annuities.
Background: On February 29, 2016 MetLife agreed to sell MPCG to Mass Mutual for an undisclosed purchase price.
MPCG is a retail distribution operation with more than 40 local sales and advisory operations and approximately 4,000 advisors across the U.S. MetLife Chairman, President and CEO, Steven A. Kandarian said, "By decoupling manufacturing from distribution, MetLife will be more agile and can achieve significant cost savings."
MetLife advisors who would like to continue to sell MetLife fixed annuities may continue to do so by contracting through a MetLife B-D here.
MetLife's Premier Client Group advisors were focused on asset protection and risk management by tailoring custom insurance and investment solutions based on their clients' needs.
Now MPCG advisors can continue to offer MetLife fixed products to their clients by signing up with a MetLife B-D here.
MetLife Premier Client Group (“MPCG”) was a distribution channel of Metropolitan Life Insurance Company (MLIC), New York, NY 10166. Securities products and investment advisory services were offered by MetLife Securities, Inc. (MSI) (member FINRA/SIPC) and a registered investment adviser, 1095 Avenue of the Americas, New York, NY 10036. MLIC and MSI are MetLife companies.