FORT MYERS, Fla.--(BUSINESS WIRE)--LTC Global, Inc. announced today that it has acquired North Coast Brokerage Agency, Inc. NorthCoast is a Capitas Financial partner and has offices in Cleveland, Ohio, and Erie, Pennsylvania. Bill Davis, Jr., co-founder of NorthCoast, will continue to manage the business. Bob Oglevee, NorthCoast’s other founder, is retiring to spend more time with his family.

“Bill and Bob have built a successful, multi-state agency and played critical roles in the formation and growth of Capitas. NorthCoast’s Capitas sales territories are adjacent to the Michigan and New York and New England territories serviced by LTC Global’s other Capitas agencies. We will continue to integrate our marketing approach among the agencies to enhance our service platform to our Capitas clients, and we look forward to supporting NorthCoast’s sales operations with advanced markets expertise and case design,” said Daniel G. Schmedlen, Jr., Chief Executive Officer of LTC Global. “We are grateful for Bob’s contributions to NorthCoast and his support throughout the acquisition process and wish him well in his retirement.”

NorthCoast joins Pacific Southwest Financial, the Smith Companies and Financial Advisory Associates as an LTC Global company and Capitas member firm.

About NorthCoast

NorthCoast operates an independent life insurance brokerage consulting business in Ohio, Pennsylvania and New York. As a Capitas member, NorthCoast specializes in all aspects of the insurance planning process and provides strategic support to independent financial advisors, national financial institutions, securities brokerage firms and banks to allow them to better serve their clients.

About Capitas Financial

Capitas Financial is a member-owned independent brokerage organization that supports firms and financial advisor relationships across the United States to provide sophisticated and unbiased insurance and wealth management planning solutions. For more information about Capitas, visit capitasfinancial.com.

About LTC Global

LTC Global is the leading provider of capital to insurance agents and agencies through lead and marketing finance programs, commission advance programs and renewal commission purchases. Through its agency subsidiaries, LTC Global is a national distributor of life and health insurance products and the largest independent distributor of Long Term Care insurance. LTC Global is headquartered in Fort Myers, Florida. For more information about LTC Global, visit ltcglobal.com.