2-14-13 9:53 AM EST | Email Article

The Power of Practice Management Provides Key Business Insights for Growth-Minded Advisors

PLEASANT HILL, Calif., Feb. 14, 2013 /PRNewswire/ -- Genworth Financial Wealth Management, Inc., a subsidiary of Genworth Financial, Inc. (NYSE: GNW), today announced publication of a new book, The Power of Practice Management (Bloomberg Press/John Wiley & Sons, Inc. 2013). It provides independent financial advisors with "how–tos" for improving their businesses, demonstrating in the process that building a successful practice is about more than just generating revenue. The book introduces best practices that have evolved from changes in the financial services industry.

Author Matt Matrisian, Genworth Wealth Management's Director of Practice Management, draws on his deep experience with financial advisors, and the expertise of predecessor firms AssetMark Investment Services, Inc. and Quantuvis Consulting, to create a roadmap for turning good businesses into better ones.

"I'm excited to share with advisors the practice management knowledge our team has garnered from years of experience," said Matrisian. "The financial services industry has undergone many changes in the last few years, evolving and adjusting to meet clients' demands.  Advisors need to understand best practices and key issues for addressing those demands. The insights in this book help them develop efficient, client-focused wealth management firms."

Gurinder S. Ahluwalia, CEO and President, Genworth Wealth Management, emphasized how the book fits into the firm's philosophy of helping advisors build great businesses. "At Genworth, we help advisors navigate their practices with confidence. Our purpose is helping them make positive differences in both their clients' lives and their own businesses. This book is a natural step in our commitment to advisors' success."

The Power of Practice Management is available for purchase through Amazon.com and at national booksellers.

About Genworth Financial Wealth Management, Inc.
Genworth Financial Wealth Management, Inc. helps independent financial advisors build great businesses by providing comprehensive support across every phase of their operation. We offer a sophisticated investment management platform, robust client relationship tools and support, and innovative practice management programs that combine leading-edge industry research with real-world expertise and experience. A wholly-owned subsidiary of Genworth Financial, Inc. (NYSE: GNW), GFWM has $20 billion in assets on its platform and helps more than 6,000 advisors meet their clients' wealth management and investment needs. For more information, visit www.genworthwealth.com

About Genworth Financial 
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures.  Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement -- including life insurance, long term care insurance, financial protection coverages, and independent advisor-based wealth management -- and mortgage insurance that helps consumers achieve home ownership while assisting lenders in managing their risk and capital.

Genworth has approximately 6,300 employees and operates through three divisions: U.S. Life Insurance, which includes life insurance, long term care insurance and fixed annuities; Global Mortgage Insurance, containing U.S. Mortgage Insurance and International Mortgage Insurance segments; and the Corporate and Other division, which includes the International Protection, Wealth Management and Runoff segments. Products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, Inc., headquartered in Richmond, Virginia, traces its roots back to 1871 and became a public company in 2004.  For more information, visit genworth.com.  From time to time, Genworth Financial, Inc. releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com.

SOURCE Genworth Financial, Inc.

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