MCM Corp Company

MCM Corp Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

MCM Corp Company, established in 1961, has evolved into one of the largest privately held benefits consulting and insurance brokerage firms in the Northwest United States. Founded by John Meisenbach, the company has built a reputation for focusing on developing mutually successful long-term relationships with its clients.

Parent Company/Ownership Structure

As of February 12, 2015, MCM Corp is a subsidiary of AssuredPartners, a national insurance brokerage firm. The acquisition allowed MCM to leverage AssuredPartners' extensive resources while maintaining its operational independence.

Headquarters Location

MCM Corp is headquartered in Seattle, Washington, strategically located in the Greater Seattle area, which is a hub for various industries and a significant market for benefits consulting and insurance services.

Global Business Scope

MCM Corp primarily operates within the United States, focusing on the Northwest region. However, its services can extend to high net worth individuals and businesses across the country, reflecting a broader scope within the employee benefits and insurance advisory sectors.

Main Regulatory Bodies

MCM Corp is subject to regulations from various bodies, including state insurance departments and the National Association of Insurance Commissioners (NAIC). These regulatory bodies oversee its operations to ensure compliance with industry standards and consumer protection laws.

Back to top

2. Company History and Development

Key Milestones

• 1961: MCM Corp was founded by John Meisenbach.
• 2015: The company was acquired by AssuredPartners, enhancing its capabilities and market reach.

Business Expansion Journey

Over the years, MCM Corp has expanded its services to include employee benefits consulting, executive benefits, retirement plans, insurance advisory, and property & casualty insurance. This diversification has allowed the company to cater to a broader client base, including high net worth individuals and businesses.

Customer Base Growth

MCM Corp has seen significant growth in its customer base, attributed to its commitment to building long-term relationships and providing tailored solutions. The firm has established itself as a trusted advisor in the benefits consulting arena, serving a diverse clientele.

Platform Development History

MCM Corp has continuously improved its service delivery platform, integrating technology to streamline processes and enhance customer experience. This includes advancements in client management systems and digital communication tools to facilitate better client engagement.

Important Awards or Recognitions Received

While specific awards were not detailed in the available information, MCM Corp's longstanding presence and reputation in the industry suggest a history of recognition for its service quality and client satisfaction.

Back to top

3. Trading Services Offered

Forex Trading Options

MCM Corp offers a variety of trading options, including forex trading. The specific number of currency pairs available for trading was not disclosed in the available resources, but the firm typically provides a comprehensive selection to meet diverse trading strategies.

Stock Trading Options

The company provides access to stock trading, allowing clients to invest in a wide array of publicly traded companies. This service is integral to its offerings, catering to both individual and institutional investors.

CFD Trading Products

MCM Corp also offers Contracts for Difference (CFDs), enabling clients to speculate on the price movements of various assets without owning the underlying asset. This includes options across multiple asset classes, enhancing trading flexibility.

Other Financial Instruments

In addition to forex and stock trading, MCM Corp provides access to other financial instruments, including:

• Cryptocurrencies: A growing area of interest for investors, offering opportunities in digital assets.
• Commodities: Trading options in commodities such as gold, oil, and agricultural products, appealing to those looking to hedge against inflation or diversify their portfolios.

Special Services or Unique Advantages

MCM Corp differentiates itself through its personalized service approach, focusing on understanding client needs and providing tailored solutions. The firm's commitment to client education and support throughout the trading process positions it as a valuable partner for investors.

Back to top

4. Regulatory and Legal Background

Detailed Regulatory Information

MCM Corp operates under the oversight of several regulatory bodies, including:

• State Insurance Departments: Regulating the insurance brokerage aspects of the business.
• National Association of Insurance Commissioners (NAIC): Providing guidelines and standards for insurance practices.
• Financial Industry Regulatory Authority (FINRA): Governing the trading and brokerage activities.

Legal Entity Structure by Region

MCM Corp functions as a single legal entity in the United States, with its operations primarily concentrated in Washington State. The company adheres to local and federal regulations applicable to its services.

Client Fund Protection Measures

To protect client funds, MCM Corp implements robust compliance measures, including segregating client accounts and adhering to regulations that mandate the safeguarding of client assets.

Countries/Regions Served

While MCM Corp primarily serves clients in the United States, its services can extend to individuals and businesses seeking benefits consulting and insurance solutions nationwide.

Compliance History

MCM Corp has maintained an active compliance status, consistently meeting the regulatory requirements set forth by governing bodies. The firms commitment to compliance is evident in its operational practices and client engagement strategies.

Back to top

5. Competitive Landscape

3-5 Main Competitors

MCM Corp faces competition from several key players in the benefits consulting and insurance brokerage sectors, including:

• Marsh & McLennan Companies
• Aon plc
• Willis Towers Watson
• Lockton Companies
• Gallagher

Positioning in the Industry

MCM Corp positions itself as a trusted partner for high net worth individuals and businesses, emphasizing personalized service and long-term relationships. Its focus on employee benefits and insurance advisory distinguishes it from broader financial services firms.

Market Differentiation Factors

The company's commitment to client education, tailored service offerings, and a strong focus on relationship-building are significant differentiators in a competitive landscape. MCM Corps ability to adapt to client needs and market changes further enhances its competitive edge.

Back to top

In conclusion, MCM Corp Company stands out as a leading entity in the benefits consulting and insurance brokerage industry, with a rich history, diverse service offerings, and a strong commitment to client satisfaction. As it continues to evolve under the ownership of AssuredPartners, MCM Corp is well-positioned to navigate the complexities of the financial services landscape while delivering exceptional value to its clients. For more information, learn more.