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New Certified Family Business Specialist in San Jose, CA helps local businesses with financial, retirement and estate planning considerations

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SAN JOSE, Calif., Feb. 13, 2018 /PRNewswire/ -- Charles Saunders, a financial professional with MassMutual Pacific in San Jose, a general agency of Massachusetts Mutual Life Insurance Company's (MassMutual), has earned the Certified Family Business Specialist (CFBS) designation. The CFBS designation is offered solely for MassMutual financial professionals through a rigorous educational program at The American College in Bryn Mawr, Pa. 

The CFBS designation places Charles in a select class of financial professionals tailored to the needs of family-owned and closely-held businesses, such as:

  • Financial issues regarding succession, retirement and estate planning
  • Tax and financial considerations in transitioning a business
  • Benefit plans to help attract and retain qualified talent in closely-held businesses

Research shows that business owners spend a majority of their time working in their businesses and not on their businesses as evidenced by how few have documented plans in place to protect their businesses from the unexpected.1

"Family and closely-held businesses have unique dynamics when it comes to financial considerations, including succession and retirement planning," said Carl Olson, President/CEO, MassMutual Pacific.  "The CFBS designation is regarded as a significant professional milestone, reflecting a commitment to business owners and their financial needs."

In addition to the CFBS designation, Charles is a qualifying member of the Million Dollar Round Table and a member of the Society of Financial Services Professionals.  Charles is also a retired U.S. Army Major. 

To learn more about how a Certified Family Business Specialist can help local businesses, please contact Charles Saunders at 650.274.1756.

About MassMutual

MassMutual is a leading mutual life insurance company that that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit

1MassMutual's 2015 Business Owner Perspective Study – Insights From America's Economic Engine

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SOURCE MassMutual