Life Insurer Protective Launches RIA
June 15, 2021 by Karen Demasters
Protective Life Corporation, a life insurance company headquartered in Birmingham, Ala., has launched a registered investment advisor to create a family of financial service companies.
Protective will launch Concourse Financial Group on July 19, Protective announced today. The move will create an organization consisting of Protective’s insurance and financial planning affiliates, which include ProEquities, a leading independent broker-dealer and RIA; First Protective, a brokerage general agency that specializes in risk management; and Protective Distributors, a division that supports life insurance distribution.
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