José Marques, APR
Media Relations Manager
513.629.1448
Mailing Address:
Western & Southern Financial Group
Media Relations
Mail Station 90
400 Broadway Street
Cincinnati, OH 45202
FOR IMMEDIATE RELEASE:
Sheila Veits Roth
Media Relations Specialist (513) 629-1388
W&S Financial Group Distributors Names Randy Somercik Regional Vice President
Supports broker-dealer distribution channel in Midwest region
CINCINNATI — January 6, 2012 — Randall K. Somercik has joined W&S Financial Group Distributors, Inc. (W&S Financial) as a regional vice president for broker-dealer distribution. W&S Financial is the wholesale distributor of annuities and life insurance from Western & Southern Financial Group (Western & Southern) member companies.
In his new position, based in Minnesota, Somercik supports broker-dealer firms and their representatives in Illinois, Iowa, Minnesota, Missouri and Wisconsin. Working consultatively with financial professionals, he provides support in sales training, territory growth, practice management and producer development.
“Randy’s wealth of financial industry knowledge and track record of success make him an excellent resource,” said Michael S. Wytiaz, CFP®, senior vice president of broker-dealer distribution for W&S Financial. “I am confident he will be a tremendous asset to our distribution partners.”
Before joining W&S Financial, Somercik served in leadership roles for West Shore Brokerage, Axa Distributors and Symetra Financial, all in Maple Grove, Minn. He holds a bachelor»s degree in accountancy from the University of Illinois at Springfield and has FINRA Series 6, 7 and 63 registrations. He resides in Maple Grove, Minn.
About W&S Financial Group Distributors, Inc.
W&S Financial Group Distributors, Inc. (www.wsfinancialpartners.com) distributes fixed, variable and immediate annuities and life insurance products from Western-Southern Life Assurance Company, The Western and Southern Life Insurance Company, Integrity Life Insurance Company and National Integrity Life Insurance Company, all member companies of Western & Southern Financial Group, Inc. Variable products are distributed through Touchstone Securities, Inc.* Marketing through a national network of broker-dealers, financial advisors, independent agents and financial institutions, W&S Financial Group Distributors assists financial professionals in helping individuals invest for, live in and manage risk during retirement.
* A registered broker-dealer and member FINRA/SIPC.
About Western & Southern Financial Group
Western & Southern Financial Group (Western & Southern) is a Cincinnati-based Fortune 500 diversified family of financial services companies with assets owned, managed and under care in excess of $51 billion as of Sept. 30, 2011. Western & Southern’s six life insurance companies (The Western and Southern Life Insurance Company; Western-Southern Life Assurance Company; Columbus Life Insurance Company; Integrity Life Insurance Company; The Lafayette Life Insurance Company; and National Integrity Life Insurance Company) maintain the following ratings for financial strength: Standard & Poor’s AA+ Very Strong (currently the highest rating held by any life insurance company and making Western & Southern one of the eight highest-rated life insurance groups in the world), A.M. Best A+ Superior, Fitch AA Very Strong and Moody’s1 Aa3 Excellent. With a heritage dating to 1888, the group’s affiliates also include Capital Analysts Incorporated;2, 3 Eagle Realty Group, LLC; Fort Washington Investment Advisors, Inc.;2 IFS Financial Services, Inc.; Touchstone Advisors, Inc.;2 Touchstone Securities, Inc.;3 and W&S Financial Group Distributors, Inc. For more information, visit www.westernsouthern.com. Western & Southern is the title sponsor of the Western & Southern Open (www.wsopen.com) tennis tournament, a premier event in the U.S. Open Series featuring the world’s top-ranked professional male and female players.
¹ Lafayette Life is not rated by Moody’s.
² A registered investment advisor.
³ A registered broker-dealer and member FINRA/SIPC.
Ratings refer to the claims-paying ability of the insurance company and not to the safety, stability or performance of any investment product.
one of the eight highest-rated life insurance groups
in the world based on Standard & Poor's AA+ Very Strong rating.
Rating current as of