2008-06-10 23:47:33 -
- The San Francisco Bay Area Agency LLC, a Massachusetts Mutual Life Insurance Company (MassMutual) General Agency, announced today that its Fremont business has grown so substantially over the last two years that it has grown its roster of financial services agents and moved into larger facilities to better serve its clients. An official ribbon-cutting ceremony will take place Tuesday, June 24 at 4PM.
The new office is located at 2201 Walnut Avenue Suite 140, and is almost 5000-square feet as compared to the 2000 square foot space the Agency occupied when it moved into Fremont two years ago. The San Francisco Bay Area Agency is based in Walnut Creek and has two additional offices in San Francisco and
Roseville.
The Fremont office is headed by Senior Vice President Brian Lee, ChFC, CFP(R), and is served by 16 experienced financial services professionals, up from a roster of just six advisors in 2006. Representing the diversity and multi-cultural population of their community, the Fremont-based financial services professionals speak a number of languages including Hindi, Punjabi, Mandarin, Cantonese, Taiwanese, Vietnamese and Spanish.
"With a booming population of over 220,000, Fremont is an important community that is rich in its diverse culture. It is also experiencing substantial growth as a major high-tech center and we are well-equipped to serve the financial needs of the people who live here in the language that is most comfortable for them," explains Lee.
Robert Fakhimi, general agent of the San Francisco Bay Area Agency, explains, "We have now had an office in Fremont since 2006 and business has been so strong that I felt it was time to expand our location and sign a new 5-year lease. Together with the help of our parent company, The MassMutual Financial Group, we plan on building a very strong and vital financial services firm in the area for many years to come."
The Fremont office is located at 2201 Walnut Avenue Suite 140. Brian Lee is available for more information at 510 789-2400.
About the San Francisco Bay Area Agency
Founded in 1891, San Francisco Bay Area Agency is a significant contributor to the local economy, as shown by the following figures about the San Francisco Bay Area Agency (as of March 31, 2007):
-- More than 36,000 policyholders and clients;
-- Servicing more than $101 million in MassMutual Retirement Services assets;
-- More than $3.4 billion in life insurance face amount in force
-- Servicing more than $465 million in broker dealer and annuity assets
Mr. Fakhimi can be reached at 888-803-3631, ext. 320 or by e-mailing him at
rfakhimi@finsvcs.com. Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, Inc. 2121 N. California Boulevard, Suite 395. Walnut Creek, CA 94596, (925) 979-2300.
About MassMutual Financial Group
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual and its subsidiaries had more than $500 billion in assets under management at year-end 2007. Assets under management include assets and certain external investment funds managed by MassMutual's subsidiaries.
Founded in 1851, MassMutual is a mutually owned financial protection, accumulation and income management company headquartered in Springfield, Mass. MassMutual's major affiliates include: OppenheimerFunds, Inc.; Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; MML Investors Services, Inc., member FINRA and SIPC (www.finra.org and www.sipc.org); MassMutual International LLC and The MassMutual Trust Company, FSB. MassMutual is on the Internet at www.massmutual.com.
for San Francisco Bay Area Agency LLC
Erica Zeidenberg, 925-631-0553