Tue, 21 Feb 2006, 06:25:00 EST
Edited by Christopher Laird Simmons
KIRKLAND, WA - Feb. 21 (SEND2PRESS NEWSWIRE) -- LTC Financial Partners LLC, the nation's most experienced long term care insurance brokerage, has grown from 91 agents a year ago to 167 today, a whopping 84% increase. What's the big draw? 'Ownership,' says Cameron Truesdell, CEO. 'The best agents come to us because they want a piece of the action. They also want the professional status of partnership, as in law firms.'
KIRKLAND, WA (SEND2PRESS NEWSWIRE) -- LTC Financial Partners LLC, the nation's most experienced long term care insurance brokerage, has grown from 91 agents a year ago to 167 today, a whopping 84% increase. What's the big draw? "Ownership," says Cameron Truesdell, CEO. "The best agents come to us because they want a piece of the action. They also want the professional status of partnership, as in law firms."
In LTC Financial Partners (LTCFP), all agents are called Partners with a capital P. "It's not just a title," says Truesdell. "All Partners get shares, and the number of shares goes up based on their production." That means a whole new income stream from share dividends, over and above income from premium renewals. The ownership plan is described in a "Partner Package," available on request at --
*(Photo Caption: Photo of Cameron Truesdell, CEO.)
While the benefits of ownership may be the prime reason agents flock to LTCFP, there are others, according to Truesdell. "Top people also like the central support systems we've developed: help with marketing, public relations, and lead generation so they don't have to make so many cold calls." Professionally-created marketing materials are especially appreciated, he adds. "Our Director of Marketing, Jonas Roeser, has won national awards for his brochures and other support materials -- important tools that agents don't have time or money to create on their own."
Truesdell says that top agents also like LTCFP's alliance-marketing initiatives, "because of all the high-quality referrals that come automatically." LTCFP has formed strategic alliances with banks, financial advisors, in-home care providers, and associations such as the National Network of Estate Planning Attorneys. "They call us in when their clients have long term care needs," Truesdell explains. "The referrals go to our Partners based on geography and specialty."
LTCFP will be interviewing potential new Partners at the 6th Annual Intercompany LTCi Conference, February 26 - March 1, at the Hilton Anaheim in Anaheim, CA. Appointments may be requested by calling Arienne Channer at
Started in 2003, LTCFP is on course to lead the industry in rate of growth of experienced agents. LTCFP's Partners average eight years' experience. Of America's 150 top producers, 60 or 40% are LTC Financial Partners.
"As 77 million baby boomers start retiring, this industry is going to explode," says Truesdell. "LTCFP is exploding already, ahead of the curve." He and co-founder Craig Smith are pioneers in their field. Truesdell was the president and a principle in LTC Inc., which was founded in 1985 and later sold to GE Capital; Smith held the position of national sales manager in LTC Inc.
Their new venture, LTCFP, distinguishes itself by offering carefully selected products from multiple leading carriers including Allianz, MetLife, MedAmerica, Prudential, John Hancock, Physicians Mutual, and Unum Provident.
NEWS SOURCE: LTC Financial Partners LLC
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