Nationwide Financial® forms distribution partnership with M Financial Group
March 24, 2006
M Financial Group
Columbus, Ohio — Nationwide Financial Services, Inc. (NYSE: NFS), today announced an agreement with M Financial Group (M Financial) to offer Nationwide Financial’s extensive array of life insurance, annuity, retirement plan and Corporate-Owned Life Insurance (COLI) products to M Financial’s Member Firms and their affluent and corporate clients.
Through this relationship, M Financial Member Firms can access a wide array of offerings from Nationwide, one of the nation’s leading providers of life insurance, retirement and long-term investment products and services.
Nationwide Financial and M Financial will also partner to deliver additional value to Member Firm clients through arrangements that leverage M Financial’s superior mortality, persistency and expense experience. This experience will play an integral role as M Financial and Nationwide explore opportunities to develop proprietary products tailored for the high-net worth and corporate clients of M Financial Member Firms. Additionally, Nationwide will provide a variety of dedicated resources to support M Financial Member Firms, including sales and marketing support, underwriting and policyholder service.
“We are excited to be one of M Financial’s exclusive Partner Carriers,” said Mark R. Thresher, president and chief operating officer for Nationwide Financial. “Their distribution network is unique in the industry, and their long history of distribution strength in the corporate and affluent marketplace will allow us to deliver quality Nationwide products and services to their Member Firms and their clients.”
“Nationwide is an excellent addition to our carrier lineup,” said Fred Jonske, president and CEO of M Financial. “With access to Nationwide’s life insurance, investment and retirement product offerings, our Member Firms have enhanced their ability to meet the diverse needs of their clients. Nationwide’s strengths, specifically in the corporate arena, coupled with M Financial’s formidable distribution network, provide an excellent foundation for a very successful relationship.” NATIONWIDE Page 2
About M Financial Group
M Financial Group is one of the nation’s leading distributors of financial products and services. Since 1978, the company’s network of independent insurance, investment and executive benefit firms has served the needs of ultra-affluent individuals, corporate executives, successful entrepreneurs and Fortune 1000 companies. M Financial has more than 110 Member Firms in 35 states.
About Nationwide Financial®
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers investi and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers.
It’s part of the Nationwide group of companies, which offers diversified insurance and financial services. The group is led by Nationwide Mutual Insurance Company, which is ranked No. 99 on the Fortune 500 based on 2004 revenue.ii For more information, visit www.nationwide.com.
Nationwide, Nationwide Financial and the Nationwide Framemark are federally registered service marks of Nationwide Mutual Insurance Company. On Your Side is a service mark of Nationwide Mutual Insurance Company.
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i Nationwide Investment Services Corporation, member NASD. In MI only: Nationwide Investment Svcs. Corporation.
ii Fortune Magazine, April 2005
Investments Retirement Insurance www.nationwide.com One Nationwide Plaza Columbus, OH 43215-2220