Lion Street Releases 2017 Annual Report at Institute Meeting

Scott Weber Press Releases

Lion Street released its 2017 Annual Report during the annual Institute meeting. The report described the company’s best year since inception in 2010. At the close of 2017, the company had added 30 Firms for a total of 160 Owner Firms in 35 states.

The accomplishments highlighted in the 2017 Annual Report were measured on three key financial metrics: premium, revenue and net income. Life insurance, Lion Street’s core business, grew 30% in premium growth and placed more than 200 cases of over $100K premium. A large case consultation team was built to support these cases, several providing more than $100 million in death benefit. Lion Street Financial (LSF), now has almost 100 registered representatives. Additionally, LSF celebrated its second consecutive year of being awarded Broker Dealer of the Year by Investment Advisor magazine. Lastly, Lion Street expanded its Corporate and Business Solutions unit to prepare for future growth in this space.

Download the full press release.