HORSHAM, PA — The Penn Mutual Life Insurance Company, a stalwart in the U.S. life insurance sector and a Fortune 1000 entity, recently announced a strategic appointment aimed at bolstering its national presence. Paul Rodden has taken the helm as managing principal of 1847Financial, Penn Mutual’s national affiliated distribution organization, with a focus on expanding operations both in the Missouri and Kansas regions and across the country.
Based out of Kansas City, Missouri, Rodden brings over a decade of expertise in investment services, insurance strategies, and holistic planning to the table. His role will primarily involve spearheading growth initiatives for the company’s new headquarters in Kansas City and enhancing the firm’s ability to attract and retain professional talent in the financial sector.
Heather Nagengast, President of 1847Financial, expressed enthusiasm over Rodden’s joining, citing his extensive industry experience and leadership capabilities as vital assets for the company’s expansion goals. “Paul’s track record of providing concierge-level support for financial professionals through holistic planning will be invaluable as we continue to grow,” Nagengast stated.
Rodden himself is eager to contribute to 1847Financial’s mission, emphasizing the unique blend of local leadership backed by nationwide support that the company offers. “I’m excited to join 1847Financial as they expand in my home base of Kansas City, and support their mission of making Financial Professionals stronger,” Rodden said. He highlighted the personalized support model of 1847Financial as a critical factor in aiding financial professionals to amplify their business growth and deliver premier solutions to their clients.
Currently, 1847Financial stands as a growing force within Penn Mutual, supporting over 2,100 financial professionals and serving 125,000 clients throughout the United States. The organization’s name, reflecting the year of Penn Mutual’s founding, underscores its commitment to the principles of mutuality and a client-first approach in life insurance and wealth management. With Rodden’s leadership, 1847Financial aims to further solidify its position as a leader in providing dedicated business planning, coaching, and support in local markets while leveraging its national network.
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