Mergers & Acquisitions

The Legacy Group Joins Forces With AmeriLife’s Senior Market Advisors

Top Midwestern advisory firm brings deep expertise in healthcare and capital solutions to help protect and preserve clients’ legacies

CLEARWATER, Fla. and NASHVILLE, Tenn. | Senior Market Advisors (SMA), one of the fastest growing field marketing organizations (FMO) in the insurance space and an affiliate of AmeriLife Group, LLC (“AmeriLife”), announced today that it has partnered with The Legacy Group, a St. Louis-based insurance advisory firm that specializes in distributing Medicare Advantage and retirement solutions to beneficiaries nationwide.

Alongside longstanding relationships with some of the nation’s top carriers, the partnership expands SMA’s geographical footprint in the midwestern United States while affording The Legacy Group access to the combined scale, resources and support of SMA and AmeriLife’s industry-leading distribution network. Per the agreement, terms of the deal were not disclosed.

“Senior Market Advisors is excited to partner with The Legacy Group to further strengthen its footprint as a leader in the Medicare market across the nation,” said Jeff Pitta, founder and CEO of Senior Market Advisors. “The Legacy Group’s growth sits on a strong foundation of innovation and technology that has proven to simplify the agent sales experience and maximize long-term customer retention. We’re excited to combine our resources and capabilities to continue adding value to our distribution partners across the country.”

Focusing On Culture

The Legacy Group took shape with AmeriLife a decade ago, and over the last few years expanded as it forged a close relationship with SMA. Since then, both partnerships have contributed significant value to the firm. The formal merger with SMA, under the umbrella of AmeriLife’s leading, national distribution network, will help expand The Legacy Group’s scope of business, drive cross-company synergies, and create increased business efficiencies.

The best partnerships often grow from longstanding relationships with shared values...

“Successful mergers exploit the opportunity to exponentiate sustainable growth, and sustainability is accomplished by focusing on the main competitive advantage in any business: culture,” said Jason Buchheit, president and CEO of The Legacy Group. “Our company’s culture is its foundation – it fuels our innovation and growth. We’re excited to expand upon our culture with partners that promote both professional and personal growth while continuing to focus on excellence and empowering our people.”

“The best partnerships often grow from longstanding relationships with shared values,” added AmeriLife Chief Distribution Officer Mike Vietri. “The addition of The Legacy Group, under the leadership of Jeff and SMA, is a testament to the care that AmeriLife takes to building its industry-leading distribution network the right way. We couldn’t be more excited to have Jason and his team officially join ours and look forward to helping them accelerate their growth.”

The Legacy Group will continue to operate as a stand-alone organization out of its St. Louis headquarters and under the leadership of Buchheit, who will report to SMA’s head of finance and M&A Vincent (Vinny) Cardi.

 

 

 

About Senior Market Advisors
Senior Market Advisors (SMA) has been people over profits since 2007, by hard work and a commitment to “doing right” by the consumer. We have certainly knocked on our fair share of doors. We know the grit and determination involved in becoming a career agent. And as a result, we have become one of the fastest growing FMOs, doubling our business each year for the past five years. For more information, visit us online at SeniorMarketAdvisors.com.
About The Legacy Group
The Legacy Group is a leading insurance advisory firm established to provide an unmet need in the healthcare and capital markets. Our purpose is to help our customers navigate the constant changes in these markets, providing relevant, customize solutions that enable them to secure their legacy and protect future generations. For more information, visit LG-3.org.
About AmeriLife
AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and more than 100 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn.