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Article: Phoenix Forms Distribution Company and Announces Agreement with Edward Jones Financial Advisors.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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The Phoenix Companies, Inc. (NYSE:PNX) announced that it has formed a distribution company, Saybrus PartnersSM, Inc., and that Saybrus has an agreement with financial services firm Edward Jones to provide life insurance consulting services to the firm's financial advisors.
Phoenix formed Saybrus as part of a series of actions to strengthen its market position and strategy. Saybrus provides dedicated consultation services to partner companies, as well as support for Phoenix's product line within its own distribution channels.
"Establishing Saybrus is an important first step in executing our growth strategy, which includes leveraging our existing ...