San Antonio has suffered significant job losses in the financial industry in the last 12 months - banking jobs and investment jobs have been hit
San Antonio, TX (PRWEB) February 5, 2009
Bucking the trend for layoffs in the finance industry, Sapient Financial Group (http://www.SapientFinancialGroup.com ) is looking to fill 10 financial planning jobs within the next 12 months. The jobs will be based at the company's San Antonio and Austin offices and will represent a 20% growth in headcount.
The company is predicting a robust sales performance in 2009 thanks to the surge in the number of baby boomers reaching retirement and the increased number of self-directed retirement plans. The year got off to a strong start with sales of core products in January up 15% on the same month last year.
"San Antonio has suffered significant job losses in the financial industry in the last 12 months - banking jobs and investment jobs have been hit," said Bill Weirich, Sapient Financial Group's Chief Operating Officer. "Many who have lost their jobs in this sector have the experience and credentials necessary for a career as a financial advisor. We are looking for people who have entrepreneurial abilities and a track record of success."
Frank Woodruff, CEO of Sapient Financial Group is convinced of the continued demand for financial advisors despite market conditions.
"The market may have changed, but people's financial goals and needs have not," said Woodruff. "In these turbulent times, traditional low risk products such as annuities are more appealing. These are better than ever, but they're increasing in complexity, so we're seeing an even greater number of people seeking the counsel of a competent, trustworthy advisor to help them make good decisions."
The company's 2009 growth predictions follow record sales in 2008 for Sapient Financial Group. The company achieved a 13.8% growth in annual sales of its core products, selling $44.8 million in annuities, life, disability income and long term care insurance products, compared to $39.4 million in 2007. In the same period, the company grew their net professional staff by 16%, increasing the number of financial professionals to 51 from 44 in 2007.
Sapient Financial Group offers a full range of retirement, investment and insurance services to clients. The company won fourth place in the medium company category of the San Antonio Business Journal's "2008 Best Places to Work" awards; the highest ranked financial services company of twelve finalists. For additional information about a career as a financial professional at Sapient Financial Group, please contact Kathleen Reid.
Sapient Financial Group http://www.SapientFinancialGroup.com, is a Massachusetts Mutual Life Insurance Company (MassMutual) General Agency. The firm has developed industry leadership in areas of individual and small business risk management planning and offers a full range of employee benefits planning and investment products. The firm has assisted individuals, families and businesses get to where they want to be by helping to provide protection, financial security, and stability for fifty-six years. In November 2008, the company was ranked 6th in the San Antonio Business Journal's list of Largest San Antonio Money Management Firms.
Frank Woodruff can be reached at email@example.com or by calling 210.342.4141. Securities and investment advisory services offered through MML Investors Services, Inc., member SIPC (http://www.SIPC.org), One Union Square, Suite 300, 10101 Reunion Place, San Antonio, TX 78216. 210.342.4141. Insurance offered through Massachusetts Mutual Life Insurance Company and other fine companies.
Investments and/or insurance products offered
- ARE NOT insured by the FDIC or any other federal government agency
- ARE NOT bank deposits or other obligations of or guaranteed by the bank
ARE subject to investment risks, including the possible loss of principal amount invested. If you are considering an annuity to fund a qualified plan such as an IRA, the tax deferral feature of the annuity offers no additional value, since IRAs are already afforded tax-deferred status. Under these circumstances, you should only consider buying an annuity if it makes sense because of the annuity's features and other benefits, and are willing to incur any additional costs for these features and benefits. Evaluate the fees and expenses and consider whether the annuity's features and other benefits will be right for you.
MassMutual and its affiliate, C.M. Life Insurance Company, offer different fixed annuity
products that are designed to satisfy a customer's need for a long-term retirement product. The
products may differ in the following ways: the interest rate credited to purchase payments applied to the contract; access to contract value; and the ability to receive income payments. If you are considering an annuity to fund a qualified plan such as an IRA, the tax deferral feature of the annuity offers no additional value, since IRAs are already afforded tax-deferred status. Under these circumstances, you should only consider buying an annuity if it makes sense because of the annuity's features and other benefits, and are willing to incur any additional costs for these features and benefits. Evaluate the fees and expenses and consider whether the annuity's features and other benefits will be right for you.