Joseph Sparacio, CLU®, CLF® to be Enshrined in The American College's Alumni Hall of Fame

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Respected financial services professional Joseph Sparacio, CLU®, CLF® will be inducted into The American College's Alumni Hall of Fame in an award ceremony at The College's Knowledge Summit on Thursday, November 15, 2007. Sparacio is the CEO and Managing Partner of The Island Financial Group of Woodbury, New York, a MassMutual general agency.

Joseph Sparacio, CLU, CLF

As an accomplished speaker who actively promotes the value of financial services education and The American College, Joe stood out among this year's candidates. He is an active champion of our institution and our industry and we are proud to add Joe to the prestigious list of individuals inducted into our Alumni Association Hall of Fame.

Respected financial services professional Joseph Sparacio, CLU®, CLF® will be inducted into The American College's Alumni Hall of Fame in an award ceremony at The College's Knowledge Summit on Thursday, November 15, 2007. Sparacio is the CEO and Managing Partner of The Island Financial Group of Woodbury, New York, a MassMutual general agency.

The Alumni Hall of Fame is intended to recognize graduates of The College's designation or degree programs who have made extraordinary contributions in time, effort and energy to this remarkable institution of higher learning. Individuals must be long-term volunteers of The College and active participants in The College's community and learning environment. Only two other individuals have ever been inducted into The American College Alumni Hall of Fame.

The selection of the Alumni Hall of Fame recipient is determined by a committee of seven individuals who review the nomination forms. This nomination review committee is comprised of faculty, staff and financial professionals who earned their designations or degrees from The American College. Begin nominated previously did not exclude individuals from consideration in 2007.

"There were many outstanding nominees and it was hard to narrow the choices down to just one," said Russell Figueira, Vice President of Alumni Relations and Human Capital. "As an accomplished speaker who actively promotes the value of financial services education and The American College, Joe stood out among this year's candidates. He is an active champion of our institution and our industry and we are proud to add Joe to the prestigious list of individuals inducted into our Alumni Association Hall of Fame."

"My Chartered Life Underwriter® (CLU®) and Chartered Leadership Fellow® (CLF®) studies helped me to achieve career success," said Sparacio. "I hope my example and my induction into the Alumni Hall of Fame will encourage others to pursue their education at The American College. Understanding client needs and having the knowledge to provide financial solutions are the cornerstones of quality customer service."

Induction into The American College Alumni Hall of Fame is a significant achievement for Sparacio in an already remarkable career marked by accomplishment and distinction.

Sparacio began his career with Prudential Financial in 1989 as a financial service representative and became a sales manager shortly after his second anniversary. In 1995, he relocated to manage Prudential's Connecticut office and he was asked to lead the company's Boston office in 1996. He then returned to Long Island in 2000 as the Managing Director of Prudential's Uniondale office. In 2005, Sparacio joined MassMutual, and is currently the CEO and Managing Partner of The Island Financial Group, in Woodbury, New York.

As an 18 year veteran of the Financial Services industry, Sparacio has been the recipient of many company and industry awards, including several President Citations, Ring of Champions, Million Dollar Round Table and Gamma Platinum awards. In 2003, he received the "40 Under 40" Award, given annually to 40 Long Island professionals under 40 years of age in recognition of career achievements and community involvement.

Sparacio is a member of the Long Island Association of Insurance and Financial Advisors, the Association for Advanced Life Underwriters, the Society of Financial Service Professionals and the American Business Women's Association. He is a member of the President's Circle, a member of the Board of Directors of The American College Alumni Association and a Charter Member of the Advisory Board of The College's new Center for Ethics in Financial Services, where he is also a guest lecturer. In 2006, Sparacio was selected to be a member of the GAMA Foundation Board of Trustees.

In addition, he is very involved both as a major donor as well as an active volunteer for a number of charities; including the Big Bam Foundation's War Against Breast Cancer and The American Cancer Society, who selected Sparacio as a 2007 Honoree at the Coaches Against Cancer Basket Ball Gala. Joe currently serves on the board of directors for the Big Brothers Big Sisters organization of Long Island.

Sparacio and his wife Robin currently reside in Garden City with their three children; triplets Anthony, Ava, and Elle.

For more information on joining the President's Circle and attending the Alumni Hall of Fame Induction Breakfast, please contact Adam Batchelor at 610-526-1477 or via e-mail at Adam.Batchelor @ TheAmericanCollege.edu

MassMutual Financial Group is the fleet name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliates, with more than $450 billion in assets under management at year-end 2006. 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; MassMutual International LLC and The MassMutual Trust Company, FSB. MassMutual is on the Internet at http://www.massmutual.com

The American College is dedicated to leadership in innovative training and development that helps financial services companies and their employees succeed. As a non-profit educational institution holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others for 80 years. The American College's faculty represents some of the financial services industry's foremost thought leaders. For more information, visit http://www.TheAmericanCollege.edu

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