Montgomery Insurance & Investments

What Montgomery Insurance & Investments does

Montgomery Insurance & Investments (MII) is a privately held, family-owned independent insurance agency founded in 1956 by Robert T. Montgomery in Beavercreek, Ohio and now headquartered in Xenia. The firm operates three physical offices across Greene County (Xenia HQ, Jamestown, Beavercreek) and employs 25+ staff serving individuals, families, and businesses in Southwestern Ohio, with the third generation of the Montgomery family now active in operations. It is structured around four service departments (Personal Insurance, Business Insurance, Financial Services, Tax Preparation) plus a Medicare, Health and Benefits practice, positioning itself as a one-stop household financial coordinator.

Revenue is generated through multiple streams: insurance commissions on personal and commercial P&C lines placed through 270+ carrier relationships (anchored by Keystone Insurers Group, where MII ranks 3rd nationally in Agency Partnerships), recurring advisory fees on investment and retirement products brokered through Cambridge Investment Research Advisors, professional-service fees from in-house CPA tax preparation and accounting, and Medicare/health benefits commissions. The go-to-market is sales-led and relationship-driven, executed through direct in-person advisory at the three offices, supported by organic social (Facebook, Instagram), a content blog, community involvement in five local Chambers of Commerce, and client referrals.

Technically, MII runs on standard independent-agency infrastructure: electronic policy documentation, client database systems, and online client service portals, with no disclosed proprietary technology or AI capabilities. The firm has grown through a long history of bolt-on acquisitions (Brote 1962, Gerard 2002, Champion 2018) and a late-1980s family merger with Montgomery-Pidgeon Insurance, and has expanded its product surface by adding financial services in the 1980s and tax preparation in 2011. It received the Insurance Journal Top 20 Agency Partnership Award in 2019.

Name

Montgomery Insurance & Investments

Legal name

Montgomery Insurance & Investments Agency, Inc.

Website

https://montgomeryii.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

11–50 employees

Short description

Montgomery Insurance & Investments is a family-owned, third-generation independent insurance agency in Southwestern Ohio providing personal and business insurance, financial advisory, Medicare/health benefits, and tax preparation to individuals and businesses through three Ohio offices.

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industries

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ), Investor Education, Research & Portfolio Analytics Services (Retail) (FSAAAAAO)

Keywords

• Independent insurance agency
• Personal insurance coverage
• Business insurance solutions
• Financial advisory services
• Tax preparation services

Headquarters

HQ city

Xenia

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Insurance Commissions: Commission-based revenue from insurance products including personal insurance (home, auto, motorcycle, RV, watercraft, etc.), business insurance (BOP, general liability, workers compensation, cyber liability, etc.), and specialty coverages. As an independent agency, they earn commissions from multiple insurance carrier relationships.
2. Financial Services Advisory: Revenue from financial advisory services including investment planning, retirement planning, annuities, life insurance, long-term care insurance, and business planning. Services provided through Cambridge Investment Research Advisors, Inc.
3. Tax Preparation Services: In-house CPA and tax consultant providing individual and business tax return preparation, payroll services, and accounting. Generates fees for tax preparation and related services.
4. Medicare and Health Benefits: Revenue from Medicare supplement plans, Medicare Advantage plans, Part D prescription drug plans, group health insurance, dental, vision, and voluntary benefits. Advisory services for employee benefits programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Montgomery Insurance & Investments is an independent multi-line insurance agency selling personal and business insurance, financial advisory services, Medicare and group health benefits, and tax preparation/accounting services. The firm operates as a one-stop advisory shop, accessing more than 270 carrier and institutional partners to match individuals and businesses with coverage, retirement, and tax solutions. Advisory and securities services are delivered through registered representatives of Cambridge Investment Research, Inc.

Product overview

Montgomery Insurance & Investments (MII) is a multi-line independent insurance agency offering a comprehensive suite of financial services through four core departments: Personal Insurance, Business Insurance, Financial Services, and Tax Preparation. The agency also provides Medicare, Health and Benefits services. MII positions itself as a one-stop-shop under the tagline 'Your solutions, all under one roof,' leveraging partnerships with over 270 insurance carriers and financial institutions to match clients with tailored coverage. Advisory services are offered through Cambridge Investment Research Advisors, a Registered Investment Advisor, with securities provided through Cambridge Investment Research, Inc., a Broker/Dealer member of FINRA/SIPC.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Insurance
• Business Insurance
• Financial Services Financial advisory and investment services including individual retirement and investment planning, annuities, long-term care insurance, group and individual life insurance, child life insurance, long-term disability insurance, and business planning, offered through Cambridge Investment Research Advisors, Inc.
• Medicare, Health and Benefits Employee benefits programs and Medicare solutions including general Medicare, Medicare Advantage Plans, Medicare Part D prescription drug coverage, group health, dental and vision insurance, flexible spending accounts, employee assistance plans, group voluntary benefits, ACA and short-term medical plans, and hospital indemnity plans.
• Tax Preparation In-house tax preparation and consulting services provided by licensed CPAs and an Enrolled Agent, covering personal tax returns, business tax returns, payroll, and accounting services for individuals and businesses.

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

22 partnerships are on record, tiered core, major and minor.

• Keystone Insurers GroupcoreStrategic or Co-development PartnerFlagship partnership providing access to a network of independent insurance agencies, exclusive knowledge, industry insights, and national-level carrier relationships while maintaining local service focus. Ranked 3rd in US Agency Partnerships.
• Cambridge Investment Research Advisors, Inc.coreStrategic or Co-development PartnerRegistered Investment Advisor providing investment advisory services. Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC.
• Cincinnati Insurance CompaniescoreChannel Partner/ Reseller/ DistributorPrimary insurance carrier partner providing commercial and personal insurance products.
• NationwidemajorChannel Partner/ Reseller/ DistributorInsurance carrier providing personal and commercial insurance products.
• ProgressivemajorChannel Partner/ Reseller/ DistributorInsurance carrier partner for personal auto and specialty insurance products.
• TravelersmajorChannel Partner/ Reseller/ DistributorInsurance carrier providing commercial and personal insurance solutions.
• The HartfordmajorChannel Partner/ Reseller/ DistributorInsurance carrier partner for business and personal insurance products.
• AetnamajorChannel Partner/ Reseller/ DistributorHealth insurance carrier providing group health and Medicare products.
• AnthemmajorChannel Partner/ Reseller/ DistributorHealth insurance carrier providing group health and Medicare products.
• United HealthcaremajorChannel Partner/ Reseller/ DistributorHealth insurance carrier providing group health, Medicare, and individual health plans.
• HumanamajorChannel Partner/ Reseller/ DistributorHealth insurance carrier specializing in Medicare products and group benefits.
• MetLifemajorChannel Partner/ Reseller/ DistributorInsurance and benefits carrier providing group life, dental, vision, and other employee benefits.
• AflacmajorChannel Partner/ Reseller/ DistributorSupplemental insurance carrier providing accident, critical illness, and hospital indemnity products.
• UnummajorChannel Partner/ Reseller/ DistributorBenefits carrier providing disability, life, and voluntary benefits products.
• American FundsmajorChannel Partner/ Reseller/ DistributorInvestment fund family providing mutual funds and retirement investment products.
• Franklin TempletonmajorChannel Partner/ Reseller/ DistributorInvestment management firm providing mutual funds and investment advisory products.
• BlackrockmajorChannel Partner/ Reseller/ DistributorInvestment management company providing iShares and other investment products.
• Westfield InsurancemajorChannel Partner/ Reseller/ DistributorRegional insurance carrier providing commercial and personal insurance products.
• Auto-Owners InsurancemajorChannel Partner/ Reseller/ DistributorInsurance carrier providing personal auto, home, and commercial insurance.
• Trusted ChoiceminorStrategic or Co-development PartnerIndependent insurance agency association providing marketing support and carrier access.
• Rotary InternationalminorOthersCommunity service organization; team members actively participate in local Rotary clubs.
• Local Chambers of CommerceminorOthersActive membership in Beavercreek, Cedarville, Jamestown, Xenia, and Yellow Springs Chambers of Commerce for community engagement and local business networking.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Foundation Risk Partners: Rapidly growing independent insurance agency platform formed through roll-up acquisitions of regional agencies. Comparable to MII in offering commercial/personal lines and benefits via a multi-office partner network.
• Hilb Group: Mid-Atlantic-based independent insurance brokerage that has scaled through aggressive roll-up of small regional agencies. Closely comparable to MII in target market (SMB and individuals) and acquisition-led playbook.
• Leavitt Group: Family-founded independent insurance agency network with multi-state footprint offering commercial/personal insurance and employee benefits. Directly comparable to MII as a privately held, family-rooted independent brokerage that has grown through acquisitions while preserving local service.
• Heffernan Insurance Brokers: Independent insurance brokerage offering commercial, personal, and employee benefits with a regional/branch-office model. Comparable to MII in its multi-line independent agency structure and acquisition-driven growth strategy.
• Woodruff-Sawyer & Co. Independent insurance brokerage focused on commercial and specialty lines for businesses. Comparable to MII's business-insurance segment, particularly for specialty offerings like E&O, cyber, and D&O.

Broad incumbents

• HUB International: Large North American insurance brokerage offering personal, commercial, and benefits across hundreds of offices. Comparable to MII in product mix but operates at vastly greater scale; relevant as both a competitor and roll-up acquirer.
• Acrisure: Top-15 global insurance brokerage built through aggressive roll-up of independent agencies. Comparable to MII as the dominant aggregator in the independent agency channel — relevant as both a competitive threat and a potential exit/acquirer pathway.
• USI Insurance Services: National insurance brokerage serving mid-market and large commercial clients with property/casualty, employee benefits, and personal lines. Comparable to MII's commercial insurance and benefits segment but at significantly larger scale.
• PCF Insurance Services: Top-20 US insurance brokerage formed through roll-up of regional independents, with deep West/Midwest presence. Comparable to MII in operating model and acquisition strategy; a logical industry peer for benchmarking roll-up economics.

Others

• Cambridge Investment Research: Independent broker-dealer and registered investment advisor through which MII offers its financial services line. Comparable as MII's strategic partner and as a model of how small independent agencies layer investment services onto an insurance book.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MontgomeryII
• Instagraminstagram.com/montgomeryii/?hl=en
• Xx.com/MontgomeryII

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Montgomery Insurance & Investments