BFG Gets Platinum Status

BFG, the chareidi financial powerhouse headquartered in Williamsburg Brooklyn, has been named a Platinum firm by insurance giant, The Guardian Life Insurance Company of America, New York, NY. This places BFG at the very pinnacle of Guardian agencies, and part of a rarefied club comprising only 5 firms throughout the United States.

“This is an extraordinary achievement for any financial organization. It is especially unique during challenging economic times like these,” says BFG co-CEO Abraham Ekstein. “We are grateful to Hashem Yisborach for granting us such an outstanding team of professionals who enabled us to grow in 2009 exceeding our most optimistic expectations by a significant margin.”

Lubavitcher Dudi Farkash, a member of BFG’s team, received the company’s prestigious New Agent of the Year award in 2008 and the Centurion Award in 2009.

“At BFG our motto is ‘always put the client first,’ and this is what sets us apart from every other agency. We care for the safety and future of families, one at a time,” he says.

BFG has been helping chareidi families achieve success and security for three decades. Currently the company has over $9.2 billion in assets reserved for payout to the frum community.

“The secret to our success is that we always put our clients’ interests first,” says co-CEO Shrage Posen. “We look at the whole picture in the case of each family in order to devise a customized plan that is precisely measured to their needs both present and future. We make sure they do not pay for products that are unnecessary, while never overpaying for the products they do need.”

“As a company ‘of the hemishe for the heimishe’ we understand our oilem – something which sets us apart from other financial giants like Morgan Stanley and Goldman Sachs,” says Ekstein. “The results speak for themselves. The thousands of mishpoches we serve have not only weathered these uncertain times but prospered despite the financial storms that have so adversely affected millions of other Americans.”

While there is no higher ranking than Platinum in the Guardian hierarchy, BFG’s senior management is rosy about the future and expects to enjoy sustained growth on a similar trajectory in the years ahead. “Boruch Hashem, the chareidi kehillos are growing both in numbers and financial sophistication,” says Posen. “This means we are uniquely positioned to help any family that wants top-drawer service from professionals that speak their language and understand their needs.”