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Growing your practice can be easier by finding the right teammate. Advisor teaming drives growth in practices without having to do it alone. Let us guide you.
Why it matters
Finding the right person to partner with can be challenging. Navigating shared practices and processes can be daunting. Advisors who form teams are more productive than solo practitioners and traditional joint work relationships. We have resources to help you decide if teaming is right for you.
Teaming is also important for succession planning. Regardless of whether you're on a team, we can help you navigate succession and continuity planning for your practice.
Firm highlights
- Two (2) elite formal teams
- Seven (7) formal teams
- 13% of our advisors are on teams (and growing!)
- More than 50% of our advisors on teams have a documented succession plan
Advisors on Teams at MassMutual Generate More Production
- 24% of MassMutual's net field force are on teams; these advisors:
- Produce 29% of MassMutual’s total life insurance, annuities, disability income insurance, and long-term care insurance (LADL) first-year commission (FYC).
- Produce 55% of MMLIS gross dealer concession (GDC).
- Advisors on teams:
- Earn 34% more Tier 1 LADL FYC than non-team advisors.
- Earn 160% more MMLIS GDC than non-team advisors.
Advisors on Teams at MassMutual Grow Faster
- As of December 2022, advisors on teams grew their average Tier 1 LADL FYC by 33%, while non-team advisors grew by 28%.
- As of December 2022, advisors on teams grew their average MMLIS GDC by 138%, while non-team advisors grew by 122%.
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