PALOS PARK, Ill., Aug. 16 /PRNewswire-FirstCall/ -- Wyncrest Group,
Inc. (Pink Sheets: WNCG), a financial services organization, has
expanded operation of its American Teacher Retirement Services
organization to Houston.
American Teacher Retirement Services was originally formed in
2004 in the Dallas-Ft. Worth
metro-plex for one simple reason, there was no company or
individual financial advisor informing individuals in the education
arena of their options for retirement planning. American Teacher
Retirement Services is a subsidiary of Wyncrest's Southwest
Financial Group.
American Teacher Retirement Services provides financial advice
and long-term financial planning such that educators may retire and
enjoy the benefits deserved through long years of service. The
formula for serving the education market in Houston will be the same marketing program and
operating process, which have been honed and proven successful.
Nearly 20 new Agents have been hired and an aggressive campaign has
been launched with significant penetration in this market
expected.
Southwest Financial Group, based in McKinney, Texas is a provider of insurance and
financial products. With the addition of American Teacher
Retirement Services in Houston,
Southwest Financial Group now serves more than 22,000 clients and
has over 300 representatives nationwide. The company has been in
business for more than 15 years and provides a wide range of
offerings including life insurance, retirement and estate planning,
long-term care, employee group benefits, 403B retirement benefits,
debt reduction, alternative investments, and mortgage purchasing
& refinancing.
Mr. William McFarland, Chairman
of Wyncrest Group, commented: "I believe this geographic expansion
of American Teachers Retirement Services will prove financially
valuable in the near term and firmly establish our presence in the
Houston area. We will leverage
this presence into additional lines of business in Houston and use this expansion model to move
into additional cities in the coming months and years. While we
continue to look for attractive acquisitions in a variety of
strategic areas, we will not forget about our core business.
About Wyncrest Group, Inc. (WNCG.PK)
Wyncrest Group, Inc. is a growing financial services
organization. Wholly-owned subsidiary Southwest Financial Group has
been delivering trusted insurance products and financial services
since 1994, serving more than 22,000 clients throughout
the United States. By developing
the growth potential from within its existing businesses and
acquiring companies with market share in lucrative financial
segments, Wyncrest Group, Inc. is committed to increasing value for
shareholders.
"Forward-Looking Statements - Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of Wyncrest Group, Inc., its directors or its officers
with respect to, among other things: (i) financing plans; (ii)
trends affecting its financial condition or results of operations;
(iii) growth strategy and operating strategy. The words "may,"
"would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Wyncrest Group, Inc.'s
ability to control, and that actual results may differ materially
from those projected in the forward-looking statements as a result
of various factors.
Contact:
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Wyncrest Group, Inc.
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9654 West 131st Street Suite
215
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Palos Park, IL 60464
USA
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Investor Relations
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investor@wyncrestinc.com
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Tel: 630-215-5171
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SOURCE Wyncrest Group, Inc.
Copyright . 16 PR Newswire