MassMutual Looking Toward Millennials
October 17, 2015 by The Boston Globe
Massachusetts Mutual Life Insurance Co. will expand its financial services startup geared toward millennials with a $100 million investment to bring the initiative to 10 more cities in the next three years.
The Springfield insurer, which launched its Society of Grownups in Brookline a year ago, said it plans to open offices in New York and Philadelphia next year, then in southern and western US cities. Society of Grownups holds financial planning classes, supper clubs, and discussions about how to save for a home or afford rent aimed at adults under 40 years old, charging fees that range from $10 for group chats about finances to $100 for a one-on-one, 90-minute sessions with a certified financial planner. Click HERE to view article
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