M Financial Group Introduces JoNell Hermanson as the New President of
M Financial Wealth Management
PORTLAND, OR, MARCH 25, 2008—M Financial Group (“M Financial”) today introduced JoNell Hermanson as the new President of M Financial Wealth Management (“M Wealth”), the company’s wealth management division. In this position, JoNell will oversee all aspects of
M Financial's wealth management division, developing strategic alliances and resources that support the needs of Member Firms and their clients, while working to increase assets under management.
Over the course of JoNell’s very successful 18-year career with M Financial, she has contributed to the success of a number of initiatives, including the creation of the M Funds, M Financial's proprietary variable investment options available exclusively to Member Firm clients through select variable life insurance/annuity products and qualified plans. After a number of years serving as Director of Product Development and Sales Support, JoNell was promoted to Vice President, Sales
Support in 2003. In this role, JoNell developed the M Sales Support Team into a proactive resource that helps Member Firms enhance the value they deliver to their clients through the delivery of case design, product selection, and illustration support.
President and CEO Fred Jonske said: “JoNell has been a valuable member of the M Team for nearly two decades. She has superior technical knowledge in a variety of areas, a clear understanding of the expectations of our Member Firms, and strong relationships throughout the M Community. As a result, she is well positioned to advance M Financial's commitment to this important business line by building on M Wealth's early successes, expanding penetration among Member Firms, and fueling
JoNell received a BS in finance from Oregon State University, and holds FINRA Series 7, 24, and 63 licenses. JoNell Hermanson added: “I am very excited about the opportunity to lead M Wealth. Wealth management remains an increasingly important component of our business and with the relationships and market presence maintained by our Member Firms, the prospects for growth are significant. I look forward to this next chapter of my career with M Financial, working with Member Firms and a great team of professionals to maximize the success of M Wealth.”
About M Financial Group
With 118 Member Firms in 36 states, M Financial Group is one of the nation’s leading financial services design and distribution companies. Since 1978, M Financial’s network of independent insurance, investment, and executive benefit firms has served the needs of ultra-affluent individuals, corporate executives, successful entrepreneurs, and Fortune 1000 companies. For more information about M Financial Group, please visit www.mfin.com.