Categorized | JAX Briefs

Mass Mutual branch relocating, expanding in downtown

Financial Design Associates, a local branch of the 161-year-old Fortune 500 company Mass Mutual, has moved operations from the Southside to the BB&T Tower in Downtown Jacksonville.

Mayor Alvin Brown joined Jacksonville City Council President Bill Bishop, Councilman Don Redman, Downtown stakeholders and representatives of the Jacksonville Regional Chamber of Commerce to welcome Managing Partner Roger Dominey and dozens of his staff members.

Financial Design Associates started as a Mass Mutual branch in 1999 with five staff members and has since grown to 50, covering a service area that straddles Northeast Florida and Southeast Georgia. With the move to Downtown, the firm has announced plans to hire 25 new employees in the next two years and double the size of business within the next five.

The Brown Administration has focused on Downtown revitalization in an effort to make Jacksonville more competitive for economic development and world-class entertainment. Financial Design Associates is adding steam to the momentum for Downtown after several recent major announcements, including the creation of the Downtown Investment Authority, a key part of the mayor’s strategy to restore security to the city’s finances and job market.

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