Sammons Institutional Group Deepens Commitment to Financial Institution Channel

Enhanced coverage model and expanded resources will support banks and credit unions while maintaining broad distribution partnerships

WEST DES MOINES, Iowa--(BUSINESS WIRE)--Sammons Institutional Group®, Inc., member company of Sammons Financial Group, announced today an enhanced strategy to further strengthen its support of financial institutions, reinforcing the firm’s long-standing commitment to serving distribution partners across the retirement marketplace.

The initiative reflects continued investment in coverage, sales support, and specialized resources dedicated to helping financial institutions meet evolving client needs—while remaining fully integrated within Sammons Institutional Group’s broader distribution framework.

“This is about deepening relationships and being even more intentional in how we support financial institutions,” said Greg Bonzagni, Vice President and Head of Sales at Sammons Institutional Group. “By aligning dedicated resources to these groups, we’re better positioned to deliver consistent, high-quality support—while continuing to collaborate closely with all of our distribution partners.”

As part of the strategy, Sammons Institutional Group has streamlined and enhanced coverage for financial institutions through its Sammons Retirement Solutions distribution channel. The updated model includes a business development team, expanded internal and external sales resources, and leadership dedicated to strengthening engagement within financial institutions.

In addition, these groups will have access to Sammons Institutional Group’s Practice Management and Advanced Sales specialists, who provide consultative programs designed to support advisor development and program growth.

“This enhanced focus allows us to meet partners where they are today, while building for the future,” added Bonzagni. “It’s a natural evolution of how we support institutions—grounded in collaboration, alignment, and shared growth.”

About Sammons Financial Group

The companies of Sammons Financial Group® help families and businesses by empowering futures and changing lives. Sammons Financial Group is employee owned with member companies that are among the most enduring and stable in the financial services industry. Sammons Financial Group is Midwest-based, with offices in Iowa, Illinois, Minnesota, North Dakota, Ohio, Pennsylvania, South Dakota, and Virginia.

Securities distributed by Sammons Financial Network®, LLC., member FINRA. Insurance products are issued by Midland National® Life Insurance Company (West Des Moines, IA). Sammons Institutional Group®, Inc. provides administrative services. Sammons Financial Network®, LLC., Midland National® Life Insurance Company, and Sammons Institutional Group®, Inc. are wholly owned subsidiaries of Sammons® Financial Group, Inc. Sammons Retirement Solutions® and Midland Retirement Distributors® are divisions of Sammons Institutional Group®, Inc.

NOT FDIC/NCUA INSURED, MAY LOSE VALUE INCLUDING LOSS OF PREMIUM, NO BANK/CU GUARANTEE, NOT A DEPOSIT, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.