The 25 Year Financial Services Veteran’s Chicagoland Based Fox Financial Group Serves Hundreds of Clients With “Integrity, Trust and Service” As Their #1 Goal

Burr Ridge, IL – January 15, 2015 – Jim Fox’s wide range of talents, interests and passions have led him to play many unique roles throughout his life.

The Chicago native scored a basketball scholarship to Lewis University in Romeoville, Illinois, played hoops for years, has run multiple marathons, plays golf regularly and served for several decades as a high school and collegiate basketball official. As the “music guy,” he plays guitar, mandolin and harmonica and has played in a traditional Irish band for years – including a performance before thousands of people at the Chicago Irish Festival in Grant Park. As a “charitable guy,” he works with Children’s Memorial Hospital, helping families who are struggling with terminally ill kids and other related issues.

But it’s in the financial services world where Fox has scored his most impressive shots and played his most influential gigs. Hundreds of satisfied clients of his Burr Ridge (Southwest Suburbs) based firm Fox Financial Group, Ltd. know him as the “Safe Money Guy,” dedicated in recent years to “Safe Money Management” via guaranteed lifetime income annuities, or more specifically, Fixed-Indexed Annuities with Lifetime Income Riders.

As a 16-year former registered representative of FINRA (Financial Industry Regulatory Authority), he witnessed and personally experienced the market crash in 2008, this became Fox’s company calling. Beyond his home region in Northern Illinois, he has clients in Missouri, New Mexico, Florida, Michigan, Indiana and Wisconsin.

In addition to being quoted in upcoming articles in Forbes and Advisor Today in the March 2015 issues, Fox is contributing as co-author of world renowned professional development trainer Brian Tracy’s book Uncommon. His chapter is titled “This Is Not Your Grandmother’s Annuity,” subtitled “See How The Modern Annuity Has Changed.” He is also working on a soon to be published second book of his own whose title is Why I Love Annuities and You Should Too, subtitled Why the Modern Annuity Should Be Part of Your Portfolio.

Throughout the many changes in the industry since he launched his firm in the early 90s – and his shift in focus from being a full service Medicare supplemental insurance,  long term care and life insurance brokerage to retirement planning – he has been dedicated to three pronged goals of Integrity, Trust and Service.

Though the name has remained the same, Fox Financial Group, Ltd. was a very different company in the beginning. Fox set it up as a full service insurance brokerage that also sold   securities, mutual funds and variable products. In the early 2000s, he began adding more mutual funds and set up trusts, wills and variable universal life (VUL) insurance designed to help people avoid paying estate taxes as part of their estate planning.

When the market crashed in ’08, everything changed. Fox himself lost thousands in investments, and Sharon reminded him, “If we lost that much, how do you think your clients are feeling?” Realizing that his current business model was not sustainable with the markets down and so unstable, he immediately canceled his security license and began focusing exclusively on guaranteed lifetime income annuities.

Fox had actually been selling annuities among his large array of services since 1996, but the crash, along with emerging new realities of the American economy made his decision a no brainer. The country has 77 million baby boomers and most of these people do not have pensions. Large companies either don’t offer them anymore, or they were swallowed up in the crash. Instead they offer 401(k)s, and many retirees are forced to live off these and their monthly Social Security checks.

Fox changed the core principle of what the company became, business and clientele quickly doubled.

In the upcoming Advisor Today article, he is quoted relaying the words of one of his grateful clients. “This husband and wife were in one of our meetings holding hands as I told them how their guaranteed lifetime income plan would work and what their monthly income would be,” he says. “The husband became all teary eyed and said, ‘Jim, how can we ever repay you?’ To me, right there, that’s everything. That man’s gratitude is the reason I went out on my own.”

Read More: http://www.foxfinancialgroup.net/