PRESS RELEASE
October 2, 2019 – For immediate release
BFS-MC GROUP ANNOUNCES NAME CHANGE TO NEWCLEUS
Newtown, PA. — BFS-MC Group, the leading design and administration provider of compensation, benefit, investment and financing strategies, announces it will now be doing business as Newcleus effective immediately.
“We believe this new brand better expresses our unique model and value to the market by clearly defining the ways in which we operate to act as a central support to the activity and growth of not only our clients, but the independent agents and their organizations whom we power,” said Daniel Barbaree, President of Newcleus. “Just as a nucleus is a specialized core, we have the best staff and systems in place to design and administer every solution needed to empower our clients and their employees.”
Clients can continue to manage and maintain their plans through the Multi-Informational Network Tracking System, now known as Newcleus MINTS. This proprietary portal provides clients access to comprehensive information and customized reporting and analysis, while Newcleus’ succession plans ensures protection and service throughout the lifetime of those plans.
The new website is located at https://newcleus.com
ABOUT BFS-MC GROUP
BFS-MC Group was created on November 1, 2018, when the principals of Bank Financial Services Group (BFS Group) and Meyer-Chatfield Group combined to create a leading servicing, sales support and administration firm. By combining the talents of the back offices, the increased strength and expertise enhanced the consulting and support services provided to independent sales organizations and financial institutions across the country.
The firm now has more than 750 clients with over 45,000 policies, totaling in excess of $12B assets under management. The office consists of 35 employees and is located on the 3rd floor of 411 South State Street, Newtown, PA.