Overland Park, KS-based The Mutual Fund Store has acquired the business of Stuart Woodbury Insurance Inc. Stuart Woodbury advises and educates clients about the various life insurance options available. The company is based in Liberty, MO.
The Mutual Fund Store operates 124 stores in the U.S. that service 36,000 households. The company was founded 16 years ago, and has primarily focused on investment advice. It now offers financial planning, including advice on Social Security benefits and health care planning in retirement. The acquisition adds the service of term life insurance to the company’s portfolio.