FORT MYERS, Fla.–(BUSINESS WIRE)–LTC World, Inc. introduced in the present day that it has acquired North Coast Brokerage Company, Inc. (NorthCoast). NorthCoast is a Capitas Monetary accomplice and has workplaces in Cleveland, Ohio, and Erie, Pennsylvania. Invoice Davis, Jr., co-founder of NorthCoast, will proceed to handle the enterprise. Bob Oglevee, NorthCoast’s different founder, is retiring to spend extra time along with his household.
“Invoice and Bob have constructed a profitable, multi-state company and performed important roles within the formation and development of Capitas. NorthCoast’s Capitas gross sales territories are adjoining to the Michigan and New York and New England territories serviced by LTC World’s different Capitas companies. We are going to proceed to combine our advertising and marketing method among the many companies to boost our service platform to our Capitas shoppers, and we stay up for supporting NorthCoast’s gross sales operations with superior markets experience and case design,” mentioned Daniel G. Schmedlen, Jr., Chief Government Officer of LTC World. “We’re grateful for Bob’s contributions to NorthCoast and his assist all through the acquisition course of and need him properly in his retirement.”
NorthCoast joins Pacific Southwest Monetary, the Smith Firms and Monetary Advisory Associates as an LTC World firm and Capitas member agency.
NorthCoast operates an unbiased life insurance coverage brokerage consulting enterprise in Ohio, Pennsylvania and New York. As a Capitas member, NorthCoast focuses on all features of the insurance coverage planning course of and gives strategic assist to unbiased monetary advisors, nationwide monetary establishments, securities brokerage corporations and banks to permit them to higher serve their shoppers.
About Capitas Monetary
Capitas Monetary is a member-owned unbiased brokerage group that helps corporations and monetary advisor relationships throughout america to offer refined and unbiased insurance coverage and wealth administration planning options. For extra details about Capitas, go to capitasfinancial.com.
About LTC World
LTC World is the main supplier of capital to insurance coverage brokers and companies by means of lead and advertising and marketing finance packages, fee advance packages and renewal fee purchases. By way of its company subsidiaries, LTC World is a nationwide distributor of life and medical insurance merchandise and the biggest unbiased distributor of Lengthy Time period Care insurance coverage. LTC World is headquartered in Fort Myers, Florida. For extra details about LTC World, go to ltcglobal.com.