FORT MYERS, Fla.--(BUSINESS WIRE)--LTC Global, Inc. announced today that it has acquired Capitas Financial of Illinois, LLC and Capitas Midwest, LLC (together, Capitas Financial Midwest). Capitas Financial Midwest is a Capitas Financial, Inc. member agency with offices in Lisle, Illinois and Milwaukee, Wisconsin. George R. Gore, Jr., a founding member of Capitas Financial, Inc. and the founder of Capitas Financial Midwest, will continue to manage the business, which operates across the Northern Midwest and Mountain regions of the United States.
Capitas Financial Midwest joins other LTC Global group and Capitas Financial, Inc. member agencies: Pacific Southwest Financial & Insurance Services, Inc., The Smith Companies, NorthCoast Brokerage Agency, Inc., Pittsburgh Brokerage Services, Inc., The Blair Agency, Inc. and Michael L. Fitzgerald Insurance Services, Inc.
“Capitas Financial Midwest has been a major producer and source of growth for Capitas for years,” said Daniel G. Schmedlen, Jr., Chief Executive Officer of LTC Global. “We have enjoyed working with George Gore and his team as Capitas colleagues and welcome the chance to work with them in a closer capacity,” Schmedlen said.
“Our team is very excited to be joining our partners at LTC Global. We look forward to continued growth working alongside the LTC Global organization,” said Gore.
About Capitas Financial Midwest
Capitas Financial Midwest operates an advanced insurance planning business that offers professional financial advisors one-stop access to a broad spectrum of insurance and investment products. Capitas Financial Midwest operates in Colorado, Iowa, Illinois, Michigan, Minnesota, Montana, North Dakota, Nebraska, South Dakota, Wisconsin and Wyoming. Capitas Financial Midwest provides experienced underwriting, on-going education and advanced planning support to its clients in an increasing competitive marketplace. For more information about Capitas Financial Midwest, visit capitasfinancial.com.
About Capitas Financial
Capitas Financial is a member-owned independent brokerage organization that supports firms and financial advisor relationships across the United States to provide sophisticated and unbiased insurance and wealth management planning solutions. For more information about Capitas, visit capitasfinancial.com.
About LTC Global
LTC Global is the leading provider of capital to insurance agents and agencies through lead and marketing finance programs, commission advance programs and renewal commission purchases. Through its agency subsidiaries, LTC Global is a leading national distributor of life and health insurance products and the largest independent distributor of Long Term Care insurance. LTC Global is headquartered in Fort Myers, Florida. For more information about LTC Global, visit ltcglobal.com.
