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Beneficial Financial Group
Beneficial Financial Group is a Salt Lake City-based insurance company. It oversees approximately $1.8 billion in assets across one fund. Its regional focus is...
Beneficial Financial Group
Beneficial Financial Group is a Salt Lake City-based insurance company. It oversees approximately $1.8 billion in assets across one fund. Its regional focus is North America.
General information
Firm type
Insurance
Year founded
1905
Location
Region
North America
Country
United States
City
Salt Lake City
Corporate office
Salt Lake City, UT, United States
Sector focus
Frequently asked questions
What does Beneficial's general account invest in?
The general account is managed to back life insurance and annuity liabilities, concentrating on investment-grade corporate bonds, agency mortgage-backed securities, U.S. Treasuries, and commercial mortgage loans. The firm also maintains a smaller allocation to private placements and infrastructure debt. The portfolio is liability-driven, prioritizing duration-matching over total return.
How does Beneficial source its commercial mortgage loans?
Commercial mortgage loans are originated and serviced directly through Beneficial's Salt Lake City investment team, with a geographic focus on the Western U.S. This origination model gives the firm control over underwriting and eliminates intermediary fees, a common approach among mid-sized mutual insurers that prefer whole-loan exposure to CMBS.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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