# Beneficial Financial Group

Beneficial Financial Group is an Insurance based in Salt Lake City, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Salt Lake City, United States
- **Region:** North America
- **Address:** Salt Lake City, UT, United States
- **Founded:** 1905
- **Assets under management:** Undisclosed
- **Website:** beneficialfinancialgroup.com
- **LinkedIn:** https://www.linkedin.com/company/beneficial-financial-group
- **Wikidata:** Q4887420

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Insurance
- Real Estate
- Private Credit

## 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.

## Related profiles

- [Benchmark Capital Group](https://altss.com/profile/benchmark-capital-group)
- [Benefitworks](https://altss.com/profile/benefitworks)

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Last updated: 2026-06-03T20:00:00.000Z

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