Sunday, April 24, 2016

Primerica

Primerica, Inc. is a United States-based assurance and cash related organizations association which uses multi-level advancing As of 2016, it reported 107,000 free representatives.Primerica is headquartered in Duluth, Georgia,and conducts business mainly in the United States, Canada and Puerto Rico.Primerica, Inc. is a multi-level promoting association which offers fiscal things and organizations using a creamer model of direct offering, franchising and dissemination.Headquartered in unincorporated Gwinnett County, Georgia, Primerica spun off from its past gatekeeper association Citi through a first offer of stock on April 1, 2010. It is a cash related organizations showcasing relationship in North America with around 90,000 independent operators, including 22,000 Financial Industry Regulatory Authority (FINRA) Series 6 approved through Primerica's securities delegate dealer part PFS Investments, Inc. in the United States, and through PFSL Investments Canada Ltd. in Canada. The association focuses on the offer of term calamity security, and moreover giving other fiscal things and organizations including shared resources, annuities, confined resources, supervised records, whole deal care insurance, paid early legitimate organizations, mishap assurance, home security, credit checking and commitment organization masterminds. The association has more than 4.3 million life scope clients and more than 2 million client wander accounts.Founded in 1977 by Arthur L. Williams, Jr. as A.L. Williams and Associates (A.L. Williams), the association set up its base by mass-promoting possibly "Buy Term and Invest the
Difference."With "BTID" the association outlined how its for the most part focus pay client base could purchase sufficient certification with term additional security and proficiently extra and place assets into discrete hypothesis vehicles, for instance, basic resource Individual Retirement Accounts.A.L. Williams was at initially settled as a covertly held general office, at first offering term calamity security approaches ensured by Financial Assurance, Inc. (FAI).The association amplified, surpassing the cutoff of FAI to process its business. In 1980, A.L. Williams went into a concurrence with Boston-based Massachusetts Indemnity and Life Insurance Company (MILICO), a greater agent of additional security, whose watchman was PennCorp Financial Services arranged in Santa Monica. To support A.L. Williams headquartered in Atlanta, MILICO set up a nearby office in that city. In 1981, the association set up First American National Corporation (later renamed The A.L. Williams Corporation) as a holding association for First American Life Insurance (later renamed A.L. Williams Life Insurance Company) and First American National Securities (later renamed PFS Investments, Inc). In 1982, The A.L. Williams Corporation (ALWC) supported an open stock offering, recorded in the Over the Counter (OTC) market under the picture ALWC. In 1983, the association got the opportunity to be recorded on the NASDAQ exchange under the same picture.

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