MassMutual Carolinas Clarifies That It Is Staying In Charlotte

02/12/2018

CHARLOTTE, N.C. In response to local news about Massachusetts Mutual Life Insurance Company (MassMutual) relocating Charlotte-based corporate office roles to Massachusetts, MassMutual Carolinas – a general agency of MassMutual – is issuing this news release to clarify that it is not leaving Charlotte. The MassMutual Carolinas office in Charlotte will still be headquartered out of the Capitol Towers building in SouthPark and will continue serving the Charlotte and greater Carolina communities.

We want to clarify any confusion that we are not leaving the community and are not moving to Boston,” said Timothy C. Flanagan, Jr., CLU, ChFC, CFP®, ChSNC™, CFBS, President of MassMutual Carolinas. “Our local office and I are not employees of MassMutual, and we are not impacted by this news. We have proudly served Charlotte since 1935 and the Carolinas since 1890, and are here to continue to serve our community and our clients.”

After acquiring a division of MetLife based in Charlotte in 2016, MassMutual opened a Charlotte home office, which is now among a number of corporate offices across the United States that will be consolidated and moved to its headquarters in Springfield and Boston, Mass. Through this process over the next couple of years, MassMutual will add over 2,000 jobs to Massachusetts.

Added Flanagan, “The people who work for MassMutual’s home office in Charlotte have been great supporters and friends of our local firm. We know they are being impacted and we are thinking of them through this time of transition.”

About MassMutual Carolinas

MassMutual Carolinas specializes in a broad spectrum of financial services that enables the firm to offer comprehensive strategies to individuals, families and businesses for risk management, asset allocation, estate planning, cash flow and wealth accumulation.

Securities products and services are offered through qualified registered representatives of MML Investors Services, LLC, Member SIPC. 4350 Congress Street, Suite 300, Charlotte, NC 28209. (704) 557-9600. The firm serves clients in North and South Carolina. More information is available at https://carolinas.massmutual.com/.

Founded in 1851, Massachusetts Mutual Life Insurance Company (MassMutual) is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders consistently since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(K) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.

 

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MassMutual refers to Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001, and its affiliated US insurance agencies. Local sales agencies are not subsidiaries of MassMutual or its affiliated companies. Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, LLC. Member SIPC.   4350 Congress Street, Suite 300, Charlotte, NC 28209. (704) 557-9600.

Walker PR Group is not a subsidiary or affiliate of MassMutual or its affiliated companies.


CONTACT:

Chelsea Smith – MassMutual Carolinas – 704-557-9600
Jenni Walker – Walker PR Group – 704-649-6571


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