NEWPORT BEACH, Calif., Feb. 7, 2017 /PRNewswire/ -- Back in 1987, a group of insurance advisors sought two things: independence and control. Independence to run their business the way that best fit their needs. Control of how and which insurance products were selected for their clients' needs. Little did anyone suspect that the idea conceived in 1987 would become one of today's oldest independent producer groups, First Financial Resources (FFR).
"People do business with people they like and trust. That was true then and it is still true today. While today's technology gets information faster, this is still a face-to-face business," explains Jud Imhoff, Chief Executive Officer, FFR. FFR focuses its resources on what an insurance advisor needs to stay independent and serve his clients. Central to that focus is the "go-direct" model with insurance companies. Clients look to the insurance advisor to evaluate and make the decisions about which insurance product fits for a client's needs. Instead of working through a third party, which may filter or promote certain products, FFR gives its members direct access to the insurance companies. CEO Imhoff capsulizes it this way, "If you go direct, you can keep the client's needs top-of-mind and evaluate the products from that perspective."
As FFR celebrates 30 years, the organization has stayed true to the founding fundamental values. Besides independence and control, today's members share a vision for business growth and creating successful experiences for their high-net worth and business clients. The organization is 100% member owned. Known for its family-like culture, FFR is selective in its membership to preserve that culture and shared vision. Even so, FFR now exceeds 200 members. FFR taps member advisors to serve on the board of directors. "Our board's make-up gives us the best of both worlds: a group of independent business owners with different perspectives and an understanding of the FFR culture," CEO Imhoff summarizes. The newest board member is John D. Levin, CLU, ChFC of Levin Funding Group, Tucson, Arizona. Besides Levin, the FFR board includes Ernie Herrera, The Herrera Group; Pete Hibbard, Columbia Benefits; John McDonough, Studemont Group; Wes Sierk, Risk Management Advisors; John Straley, Infinity Wealth Management and Sam Watson, Cool Springs Financial.
About First Financial Resources
First Financial Resources (FFR) is a producer group founded in 1987 and solely owned by its member advisors and based in Newport Beach, California. FFR provides its member advisors with access to insurance-based products, tools and resources for the high net worth and/or business client. FFR also focuses expertise, resources and training to elevate the professional knowledge of the advisor's staff. Insurance advisors interested in learning more about FFR membership may contact Tom Tous or Mike Bell at (888) 337-9378. To learn more about FFR, please visit www.ffrmembers.com.
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SOURCE First Financial Resources