MDRT

FANHUA Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, March 20, 2024
Open Platform, MDRT, Conference call, Conference, Growth, H.10, RMB, Intelligence, Education, Specialization, Digitalization, FYP, Travel, City, Policy, ADS, Insurance, Translation, Open platform, Investment, Depreciation, Share repurchase, Total, GWP, Video game

Operating margin was 2.7% for the fourth quarter of 2023, compared to 11.1% for the corresponding period in 2022.

Key Points: 
  • Operating margin was 2.7% for the fourth quarter of 2023, compared to 11.1% for the corresponding period in 2022.
  • Net margin was -4.5% for the fourth quarter of 2023, as compared to 9.2% for the corresponding period in 2022.
  • Adjusted EBITDA margin3 was 6.7% for the fourth quarter of 2023, as compared to 10.0% for the corresponding period in 2022.
  • The Company will host a conference call to discuss its fourth quarter and fiscal year 2023 financial results as per the following details.

Diana Wong Joins Pacific Advisors as Managing Director in the Bay Area

Retrieved on: 
Friday, March 29, 2024
Professional Services, Insurance, Finance, Asset Management, Consulting, Personal Finance, MassMutual, MDRT, Registered investment adviser, Culture, Growth, Education, Knowledge, Long-term care, DBA, Council, 1,000,000, Retirement, PAS, San Francisco Bay Area, Family, FINRA, SIPC

Pacific Advisors proudly announces the appointment of Diana Wong as Managing Director in the Bay Area.

Key Points: 
  • Pacific Advisors proudly announces the appointment of Diana Wong as Managing Director in the Bay Area.
  • As Managing Director at Pacific Advisors, Diana is poised to lead her team to new heights, leveraging her experience and passion for helping others achieve financial security and confidence.
  • Pacific Advisors is thrilled to welcome Diana Wong to our team.
  • Insurance products offered through One Pacific Financial & Insurance Solutions LLC, DBA of Pacific Advisors LLC.

FANHUA Reports Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Monday, November 20, 2023
Cloud, Open Platform, ADS, P&C, Policy, Conference, Open platform, MDRT, Acquisition, GWP, RMB, Conference call, Insurance, Share repurchase, Growth, FYP, Investment, Video game

Operating margin was 5.2% for the third quarter of 2023, compared to 5.1% for the corresponding period in 2022.

Key Points: 
  • Operating margin was 5.2% for the third quarter of 2023, compared to 5.1% for the corresponding period in 2022.
  • Net margin was 26.9% for the third quarter of 2023, as compared to 5.7% for the corresponding period in 2022.
  • Adjusted EBITDA margin3 was 3.9% for the third quarter of 2023, as compared to 5.9% for the corresponding period in 2022.
  • The Company will host a conference call to discuss its third quarter 2023 financial results as per the following details.

MDRT Global Services Rebrands as MDRT Center for Field Leadership

Retrieved on: 
Wednesday, November 1, 2023
Africa-Italy Excellence Awards, Chfc, US, MDRT, Organization, Culture, Growth, Management, Tutoring

HONG KONG, Nov 1, 2023 - (ACN Newswire) - MDRT Global Services announced that, as of November 1, the association will officially be known as the MDRT Center for Field Leadership (MDRT Center) (https://www.mdrtcenter.org/).

Key Points: 
  • HONG KONG, Nov 1, 2023 - (ACN Newswire) - MDRT Global Services announced that, as of November 1, the association will officially be known as the MDRT Center for Field Leadership (MDRT Center) (https://www.mdrtcenter.org/).
  • MDRT Center members are field and home office leaders who continually work to broaden their leadership skills, establish an MDRT culture of excellence within their agencies and advance themselves professionally and personally.
  • "The MDRT Center for Field Leadership creates a community of financial services leaders committed to excellence in the profession," said Gregory Gagne, ChFC, 2024 MDRT President.
  • After the rebranding, we hope to attract more financial services field and home office leaders in Hong Kong to join the MDRT Center for Field Leadership, so that we may help spur their growth potential and see them make new heights."

Portsmouth financial advisor named President of MDRT Foundation

Retrieved on: 
Tuesday, September 5, 2023
Professional Services, Philanthropy, Insurance, Other Philanthropy, Fund Raising, Finance, Foundation, Lord, Seed, Seeds of Peace, Multimedia, Patient, Trustee, Corporation, MDRT, CLU, Chfc, Pharmaceutical industry

Portsmouth-based financial advisor Andrew C. Lord, CLU, ChFC, has succeeded Adrian P. Baker, Dip PFS, as the 58th President of the MDRT Foundation .

Key Points: 
  • Portsmouth-based financial advisor Andrew C. Lord, CLU, ChFC, has succeeded Adrian P. Baker, Dip PFS, as the 58th President of the MDRT Foundation .
  • View the full release here: https://www.businesswire.com/news/home/20230905223812/en/
    2024 MDRT Foundation President Andy Lord (Photo: Business Wire)
    Lord takes the reins after many years of dedicated volunteering to support the MDRT Foundation’s various initiatives.
  • He has continually donated to and volunteered with MDRT Foundation efforts since attending his first MDRT Annual Meeting in 1988.
  • A 35-year MDRT member, Lord has served in leadership roles on the MDRT Foundation’s Grants, Finance and Corporate Giving committees.

2024 MDRT Executive Committee Provides Key Resources to Navigate a Changing Financial Landscape

Retrieved on: 
Tuesday, September 5, 2023
Personal Finance, Finance, Professional Services, Other Professional Services, Insurance, CCFP, Finance Division, RFP, CFP, Culture, MSM, Multimedia, First, S-1 Executive Committee, Table, Trustee, Executive Committee, Excalibur, MDRT, Family, CLU, Second, Conference, Chfc, Management

The 2024 MDRT Executive Committee ushers in a reinvigorated approach to supporting financial services professionals as Gregory B. Gagne, ChFC, assumes his role as MDRT’s 98th President and Clay Gillespie, CFP, CLU, joins as Secretary.

Key Points: 
  • The 2024 MDRT Executive Committee ushers in a reinvigorated approach to supporting financial services professionals as Gregory B. Gagne, ChFC, assumes his role as MDRT’s 98th President and Clay Gillespie, CFP, CLU, joins as Secretary.
  • The Executive Committee will empower financial services professionals at each stage of their careers with the necessary resources to help them reach and exceed their goals.
  • The 2024 Executive Committee will continue its focus on meeting members where they are, with targeted communications directing them to benefits and resources to help advance their greatest personal interests and potential impact.
  • In addition to events, MDRT will continue to provide key educational content from MDRT members’ collective knowledge, peer mentoring program and leadership development opportunities.

FANHUA Reports Second Quarter 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, August 30, 2023
Insurance, Minority, IPO, Share repurchase, Conference call, FYP, ADS, Policy, GWP, EBITDA, Investment, Ethics, Growth, MDRT, Conference, RMB, Management, Risk management, Bank, Drug, Video game, Financial services, Pharmaceutical industry, Film industry, Arms industry, Bookkeeping, Cryptocurrency

Our digitization and platform strategy continue to deliver operating efficiency for us and is a key driver of our financial results over the quarter.

Key Points: 
  • Our digitization and platform strategy continue to deliver operating efficiency for us and is a key driver of our financial results over the quarter.
  • Operating margin was 7.6% for the second quarter of 2023, compared to 4.4% for the corresponding period in 2022.
  • Net margin was 6.8% for the second quarter of 2023, as compared to 4.6% for the corresponding period in 2022.
  • The Company will host a conference call to discuss its second quarter 2023 financial results as per the following details.

Joe Jordan to Receive the 2023 John Newton Russell Memorial Award

Retrieved on: 
Tuesday, August 15, 2023
Newton, Knowledge, Insurance, Education, CLTC, IRI, Research, CASL, Organization, Adviser, NALU, Paine Webber, MetLife, National Association, MDRT, American College, Death, LACP, CLU, Conference, Chfc, Financial adviser, Trustee

ARLINGTON, Va., Aug. 15, 2023 /PRNewswire-PRWeb/ -- The National Association of Insurance and Financial Advisors (NAIFA) is proud to announce Joseph W. Jordan, inspirational speaker, behavioral finance expert, best-selling author, and one of the founders of the Insured Retirement Institute (IRI), is the recipient of the 82nd annual John Newton Russell Memorial Award. The award is the highest honor accorded by the insurance industry to a living individual who has rendered outstanding services to the institution of life insurance. The selection committee consists of representatives of the nine leading organizations in the life insurance and financial services industry. Jordan will be celebrated and formally presented the award at NAIFA's National Leadership Conference and Belong event in Washington, D.C., on December 4.

Key Points: 
  • "Every successful advisor I know knows who Joe Jordan is," said NAIFA President Bryon Holz, CLU, ChFC, LUTCF, CASL, LACP.
  • "Joe Jordan is a legend in our industry who perfectly represents everything the John Newton Russell Memorial Award stands for.
  • On behalf of the selection committee, I am honored to congratulate Joe as the 2023 award recipient," said Tom Michel, LACP, CLTC, Chair of the 2023 award committee.
  • John Henry Russell created the John Newton Russell Memorial Award in 1942 as a tribute to his father, an influential leader in the life insurance industry and an early advocate of agent education.

MDRT Global Services Announces 2023 Culture of Excellence Award Winners

Retrieved on: 
Thursday, May 25, 2023
Diamond, CCFP, RFP, Taiwan Excellence Awards, Culture, State Street Bank and Trust Company, HTC Global Services, PTE, MDRT, Family, Conference, Film industry

HONG KONG, May 25, 2023 - (ACN Newswire) - MDRT Global Services has announced the 131 winners ( https://www.mdrtgs.org/coe-award-winners ) of the prestigious 2023 MDRT Culture of Excellence Awards, the global standard for achievement in financial services leadership.

Key Points: 
  • HONG KONG, May 25, 2023 - (ACN Newswire) - MDRT Global Services has announced the 131 winners ( https://www.mdrtgs.org/coe-award-winners ) of the prestigious 2023 MDRT Culture of Excellence Awards, the global standard for achievement in financial services leadership.
  • Winners will be honored at special ceremonies during the 2023 MDRT Annual Meeting (June 25-28 in Nashville, Tennessee, USA) and the 2023 MDRT Global Conference (August 27-30 in Singapore).
  • Special mention goes to the following companies with the highest number of 2023 Culture of Excellence Award winners: Pru Life Ins Corp of UK - 69 award winners, Prudential Assurance Company Singapore (PTE) Limited - 24 award winners, and Great Eastern Life - Singapore - 22 award winners.
  • "MDRT Global Services creates a community of financial services leaders committed to excellence in the profession, and winning this award recognizes their ability to galvanize and coach their teams to become the best.

Fanhua Reports First Quarter 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, May 30, 2023
Insurance, Specialization, Conference call, ADS, FYP, Commission, Policy, P&C, GWP, Digitalization, US, Investment, Growth, MDRT, Conference, Total, Cryptocurrency, Life insurance, Video game, Retail, Pharmaceutical industry, Reinsurance, Shanghai Shijie Fanhua Bao

Net revenues for agency business were RMB725.5 million (US$105.6 million) for the first quarter of 2023, representing an increase of 23.4% from RMB588.0 million for the corresponding period in 2022.

Key Points: 
  • Net revenues for agency business were RMB725.5 million (US$105.6 million) for the first quarter of 2023, representing an increase of 23.4% from RMB588.0 million for the corresponding period in 2022.
  • The effective tax rate for the first quarter of 2023 was 22.9% compared with 18.0% for the corresponding period in 2022.
  • Fanhua expects its non-GAAP operating income adjusted for share-based compensation expenses to be no less than RMB46 million for the second quarter of 2023.
  • The Company will host a conference call to discuss its first quarter 2023 financial results as per the following details.