WALNUT CREEK, CA — (Marketwired) — 04/02/13 — The MassMutual Financial Group has announced that the MassMutual San Francisco Agency, under the leadership of CEO Robert Fakhimi, has earned a tenth Massachusetts Mutual Life Insurance Company-s (MassMutual) National Chairman-s Trophy. With this most recent trophy, Fakhimi-s agency has received the prestigious award for performance ten times since 2002.
MassMutual has an extensive field force of more than 5,000 agents in 84 national offices. The Chairman-s Trophy reflects an individual agency-s accomplishments in revenue growth, recruitment and productivity. Only a select group of general agents win the award annually.
“I-m extremely thankful for my team of passionate associates,” Fakhimi said. “We are dedicated to helping our clients protect their families and businesses and grow their wealth. Our tenth MassMutual Chairman-s Trophy is the recognition of the hard work we put in every day and our commitment to excellent financial advice for our clients.”
MassMutual San Francisco has produced numerous outstanding career professionals since General Agent Robert Fakhimi joined as head of the office in 2001. Agents from MassMutual San Francisco are top performers — the office has produced esteemed Freshman Five honors six times in the last seven years. This year the agency led all MassMutual Agencies in Annuities Production as well as being #2 in overall total premium. The Agency is headquartered in Walnut Creek, with additional offices in San Francisco, Palo Alto, Fremont and Milpitas.
With roots going back to 1891, MassMutual San Francisco is a significant contributor to the local economy, as shown by the following figures about the firm and its detached offices (as of December 31, 2011):
More than 36,000 policyholders and clients(1)
Servicing over $859 Million in client policy and account values (including values of MassMutual and subsidiary insurance companies- insurance and retirement products and investment products offered through MML Investors Services, LLC, a MassMutual subsidiary.)
More than $5 billion in life insurance face amount in force(2)
Returned more than $8.5 million in dividends to its participating policyholders in 2011(3)
Robert Fakhimi is CEO and Managing Partner of MassMutual San Francisco. Headquarters is in Walnut Creek and branch offices are located in San Francisco, Fremont, Palo Alto and Milpitas. Mr. Fakhimi can be reached at 888-803-3631, ext. 320 or by e-mailing him at . Career inquires are welcomed. Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, member SIPC, Inc. 2121 N. California Blvd. Suite 395 Walnut Creek, CA 94596 (925) 979-2300.
Founded in 1851, MassMutual is a leading mutual that is run for the benefit of its members and participating policyholders. The company has a long history of and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With as its foundation, MassMutual provides products to help meet the financial needs of clients, such as , , , , and . 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 and ; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
Local sales agencies are not subsidiaries of MassMutual or its affiliated companies. Agency officers are not officers of MassMutual.
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(1) An insured, owner, or payer of a MassMutual policy or contract.
(2) Amount of individual life insurance in force as of 12/31/11 related to products issued by MassMutual and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company.
(3) The amount of dividends to whole life policyholders in 2011.
Contact:
Erica Zeidenberg
925-631-0553