Foundation Financial Group Closes Record Month for Insurance Services

New division sees tenfold increase in second month of operation

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Mar 15, 2011, 08:05 ET

JACKSONVILLE, Fla., March 15, 2011 /PRNewswire/ -- One of the nation's fastest-growing financial services companies is finding big success with one of its newest divisions.

Foundation Financial Group launched insurance services in January 2011, offering property, casualty and life insurance to its customers. After two months of operation, Foundation Financial Group saw a tenfold increase in month-over-month sales from January to February.

"In business, timing is everything, and it appears the time was right for us to begin offering insurance products to our customers," said Foundation Financial Group CEO Mark W. Boyer. "Our insurance division is successful because we use the same reliable and efficient service, quick turn-around times and competitive pricing that we provide in our mortgage services division. Those qualities are what we've built Foundation Financial Group's reputation on."

Privately held, Foundation Financial Group does not disclose revenue figures. The increase in sales volume resulted in recently hiring five new employees at Foundation Financial Group's Jacksonville headquarters to meet customer demand. Foundation Financial Group plans to add about 25 more jobs in Jacksonville as the demand continues into the third quarter when the financial services company rolls out its full-service financial planning and wealth management services division.

About Foundation Financial Group

Foundation Financial Group, one of the nation's fastest-growing financial services companies, specializes in mortgage lending, property and casualty insurance, life insurance, wealth management, retirement planning, personal taxes and corporate tax services. Expanding in 2011, Foundation Financial Group operates six regional centers in Atlanta; Charlotte, N.C.; Jacksonville, Fla.; Raleigh, N.C.; Rochester, N.Y.; and Savannah, Ga. Foundation Financial Group maintains mortgage operations headquarters in Atlanta and executive headquarters in Jacksonville. Founded in 1998 in Atlanta, Foundation Financial Group offers mortgage refinancing and first-time buyer lending through traditional financing, as well as Federal Housing Administration and other government-backed home loan programs. Foundation Financial Group enjoys an industry-leading Federal Housing Administration compare ratio and an A+ rating from the Better Business Bureau, the highest accreditation the BBB gives. For more information, call 866-334-1001 or go to http://www.ffg.com.