CHICAGO, June 1, 2016 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced the introduction of Bankers Life Securities, Inc., a full-service broker-dealer, and Bankers Life Advisory Services, Inc., a registered investment advisor.
"Central to our growth strategy, both Bankers Life Securities and Bankers Life Advisory Services align with our middle-market customers' need for diverse retirement planning solutions," said Ed Bonach, CEO of CNO Financial. "Together with our national life and health insurance subsidiary Bankers Life, we can now offer a full suite of retirement planning products and services to meet the needs of middle-income Americans. Having these capabilities in-house, to assist our customers with a broader range of services, allows us to better meet their financial security needs. Advisors are trained to understand customers' objectives, provide guidance and assistance, and offer solutions to help achieve our customer's investment and protection goals."
Bankers Life Securities, based in Chicago, offers a variety of products including mutual funds, equities, exchange traded funds, bonds, variable annuities, 529 plans, and college savings programs. Bankers Life Securities is a member of FINRA/SIPC.
These investment-related products and services will be available through approximately 300 Bankers Life Securities registered advisers, co-located in approximately 150 of Bankers Life's sales offices across the United States, with plans to expand to additional locations in the future.
Bankers Life Advisory Services, an SEC-registered investment adviser, offers portfolio management and financial planning strategies to its middle-market customers through investment advisor representatives.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) is a holding company. Our insurance subsidiaries – principally Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company – primarily serve middle-income pre-retiree and retired Americans by helping them protect against financial adversity and provide for a more secure retirement. For more information, visit CNO online at www.CNOinc.com.
About Bankers Life Securities and Bankers Life Advisory Services
Bankers Life Securities, Inc. and Bankers Life Advisory Services, Inc. focus on the securities and investment advisory needs of middle-income Americans who are near or in retirement. Through our dedicated financial advisors, we provide investment solutions that can help meet our clients' financial goals and investment objectives. Bankers Life Securities and Bankers Life Advisory Services are subsidiaries of CNO Financial Group, Inc. (NYSE: CNO). To learn more, visit Bankers Life Securities.
Non affiliated insurance products offered through Bankers Life Securities General Agency, Inc. Securities and variable annuities offered through Bankers Life Securities, Inc. Member, FINRA/SIPC (dba BL Securities Inc, IA, MI, PA). Investment Advisory products and services offered by Bankers Life Advisory Services, Inc. SEC Registered Adviser, (dba BL Advisory Services, Inc, AK, IA, PA). Investments are: Not Guaranteed, Involve Risk, May Lose Value.
SOURCE CNO Financial Group, Inc.