Sammons Financial Group Completes Construction on West Des Moines Headquarters

WEST DES MOINES, Iowa, Nov. 16, 2020 (GLOBE NEWSWIRE) — Sammons Monetary Group immediately broadcasts the completion of its new campus in West Des Moines, Iowa. Preliminary restricted occupancy of the constructing is at present underway with workers absolutely transitioned out of the beforehand leased house by year-end.

Positioned at 8300 Mills Civic Parkway in West Des Moines, the six-story, 217,000-square foot headquarters offers extra space and enhanced performance for the corporate’s present and future workers and contractors. Poised for development within the coming decade, the brand new headquarters gives up to date house and facilities to draw and retain a rising worker base and enterprise. Workers from every of the corporate’s numerous enterprise traces working within the Des Moines space will relocate to the constructing.

“If now we have realized something this previous 12 months, it’s that our workers are stronger collectively,” mentioned Esfand Dinshaw, chief government officer of Sammons Monetary Group. “Now we have aggressively invested in and grown our monetary providers enterprise over the previous 20 years. We look ahead to our new, owned house to create a extra collaborative and useful work atmosphere for our group.”

The corporate introduced and celebrated plans with its groundbreaking in June 2019 and the mission remained on schedule and on finances throughout the 18-month development course of.

“Our new house is fashionable and galvanizing, and can permit us the room we have to develop within the subsequent section of our historical past,” mentioned Rob TeKolste, president of Sammons Unbiased Annuity Group and the corporate’s West Des Moines website chief. “West Des Moines has been a great residence for us, and we look ahead to the day we are able to all rejoice this milestone collectively.”

Although the constructing is full and the preliminary move-in will happen now via yearend, nearly all of Central Iowa staff will proceed to work remotely. Sammons Monetary Group anticipates absolutely introducing the campus to its workers and distribution companions in 2021. Because the neighborhood manages via COVID-19 containment, the corporate’s workers will return to workplace – and Sammons Monetary Group will plan a grand opening – solely when protected to take action.

“As a result of worker security is all the time our No. 1 precedence, proper now it’s best for almost all of our workers to proceed to do business from home till we are able to safely be collectively once more,” mentioned TeKolste. “We’re excited to maneuver to our lovely new constructing as our funding within the campus is an funding in our workers and our sturdy tradition.”

The brand new headquarters constructing consolidates roughly 600 West Des Moines-based workers with the campus serving as residence to the member firms of its annuity, life insurance coverage, and retirement product enterprise traces.

“We applaud Sammons Monetary Group for planting deeper roots within the metropolis of West Des Moines and this new mission will strongly contribute to our neighborhood and native financial system,” mentioned West Des Moines Mayor Steve Gaer. “We look ahead to celebrating with the corporate in 2021, as soon as the move-in is full.”

Sammons Monetary Group Completes Building on West Des Moines Headquarters / 2-2-2

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About Sammons^® Monetary Group, Inc.
The businesses of Sammons^® Financial Group, Inc. assist households and companies defend their future to get pleasure from life’s moments immediately. A subsidiary of Sammons Enterprises, Inc., Sammons Monetary Group is privately owned with member firms which can be among the many most enduring and secure within the monetary providers business. Our firms embrace Midland National^® Life Insurance Company (together with Sammons^® Corporate Markets); North American Company for Life and Health Insurance ^®; and Sammons Institutional Group^® (together with Midland Retirement Distributors^® and Sammons Retirement Solutions ^®). Collectively, we provide immediately’s most sought-after life insurance coverage, annuity, and retirement planning merchandise. Sammons Monetary Group: With You for Each Second^®.