Miner Financial & Insurance

What Miner Financial & Insurance does

Miner Financial & Insurance is a privately held financial advisory and insurance brokerage firm headquartered in Folsom, California. Founded in 1998 by Marc Miner, who has worked in financial services since 1995, the firm serves individuals and small-to-mid-sized businesses across five product categories: Employee Benefits (group health, dental, vision, life, disability), Individual Insurance (life, health, home & auto, umbrella, disability, Medicare supplements, long-term care), Commercial Insurance (general liability, BOP, property, workers' comp, commercial auto, contractors, E&O, surety bonds, professional liability), Investment Planning (401(k), IRAs, fixed and variable annuities, asset management, education planning, Social Security), and Business Planning (buy-sell agreements, key person insurance, deferred compensation, executive bonus plans).

The firm's core technology is the LPL Financial broker-dealer and registered investment advisor platform, through which Marc Miner operates as a registered representative; the firm itself is not affiliated with LPL. Securities and advisory services are delivered through LPL infrastructure (FINRA/SIPC member), while insurance products are sourced through direct appointments with more than a dozen carriers including Guardian Life, Cigna, Anthem, United Healthcare, Travelers, Kaiser Permanente, Nationwide, Blue Cross Blue Shield, Lincoln Financial, Hartford, Mass Mutual, and Principal Financial, plus investment providers Vanguard and Capital Group.

The business operates a relationship-based, sales-led GTM model. Revenue is generated through advisory fees and commissions on investment products (annuities, IRAs, 401(k)s, asset management) and insurance premiums/commissions across individual, group benefits, and commercial lines. Pricing is fully quote-based and not publicly disclosed. The team comprises seven named professionals spanning CFP, personal lines, commercial lines, health benefits, client services, and benefits consulting. No funding, M&A, or institutional ownership has been disclosed; the firm operates as an independent practice serving primarily the Northern California market from a single office.

Name

Miner Financial & Insurance

Legal name

Miner Financial & Insurance

Website

https://minerfinancial.net

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Miner Financial & Insurance is a privately held Folsom, California-based financial advisory and insurance brokerage founded in 1998, serving individuals and small-to-mid-sized businesses with employee benefits, individual and commercial insurance, investment planning, and business planning products delivered through licensed advisors and the LPL Financial platform.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industries

Mid-Market Commercial Package (Package Policies) (FSAJAFAB), Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

Keywords

• Financial advisory services
• Insurance brokerage
• Investment planning
• Employee benefits
• Retirement planning

Headquarters

HQ city

Folsom

HQ country

United States

HQ region

North America

Offices1 record

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. Financial Advisory Services: Provides financial planning, investment management, and advisory services through registered representatives. Revenue is generated through advisory fees and commissions on investment products including 401(k) plans, IRAs, annuities, and asset management.
2. Insurance Products: Offers insurance products across individual, commercial, and employee benefits lines. Generates revenue through insurance premiums and commissions on policies sold including health plans, life insurance, disability insurance, property & casualty insurance, and business insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Miner Financial & Insurance is an independent financial advisory and insurance brokerage firm that delivers personalized financial strategies to individuals and businesses. Its offering spans five product lines: Employee Benefits (group health, dental, vision, life, disability), Individual Insurance (life, health, home & auto, umbrella, disability, Medicare supplements, long-term care), Commercial Insurance (general liability, BOP, property, workers comp, commercial auto, contractors, E&O, surety bonds, professional liability), Investment Planning (education planning, asset management, portfolio analysis, 401(k), fixed/variable annuities, SEP-IRA, Simple IRA, IRA rollover/Roth, Traditional IRA, Social Security planning), and Business Planning (buy-sell agreements, disability overhead, key person life, executive bonus, deferred compensation). Securities and advisory services are operated through the LPL Financial broker-dealer platform.

Product overview

Miner Financial & Insurance is a financial services firm offering a comprehensive suite of insurance and investment products through five main service categories: Employee Benefits (Group Health, Dental, Vision, Life, and Disability insurance for employers), Individual Insurance (Life, Health Plans, Home & Auto, Umbrella, Disability, Medicare Supplements, and Long Term Care), Commercial Insurance (General Liability, Business Owners Policy, Property, Workers Compensation, Commercial Auto, Contractors Insurance, Errors and Omissions, Bonds, and Professional Liability), Investment Planning (Education Planning, Asset Management, Portfolio Analysis, 401(k), Fixed/Variable Annuities, SEP-IRA, Simple IRA, IRA Rollover/Roth, Traditional IRA, and Social Security Planning), and Business Planning (Buy-Sell Agreements, Disability Overhead Coverage, Key Person Life Insurance, Executive Bonus Plans, and Deferred Compensation). The company partners with individuals and businesses to develop customized financial strategies for risk mitigation and future preparation.

Differentiator

Problem solved

Functional benefit

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core and minor.

• LPL FinancialcoreTechnology or IntegrationLPL Financial is the registered broker-dealer providing securities and advisory services infrastructure. Marc Miner is a registered representative with LPL Financial. The firm offers securities, advisory services, and account management through the LPL platform. Member FINRA/SIPC.
• Guardian LifeminorOthersLife insurance carrier partner listed on the Important Resources page.
• CignaminorOthersHealth insurance carrier partner listed on the Important Resources page.
• AnthemminorOthersHealth insurance carrier partner listed on the Important Resources page.
• United HealthcareminorOthersHealth insurance carrier partner listed on the Important Resources page.
• TravelersminorOthersProperty and casualty insurance carrier partner listed on the Important Resources page.
• Kaiser PermanenteminorOthersHealth insurance carrier partner listed on the Important Resources page.
• NationwideminorOthersInsurance carrier partner listed on the Important Resources page.
• Blue Cross Blue ShieldminorOthersHealth insurance carrier partner listed on the Important Resources page.
• Capital GroupminorOthersInvestment management company partner listed on the Important Resources page.
• VanguardminorOthersInvestment management company partner listed on the Important Resources page.
• Lincoln Financial GroupminorOthersInsurance and retirement solutions carrier partner listed on the Important Resources page.
• HartfordminorOthersInsurance carrier partner listed on the Important Resources page.
• Mass MutualminorOthersInsurance carrier partner listed on the Important Resources page providing life and disability insurance products.
• Principal FinancialminorOthersInsurance and retirement solutions carrier partner listed on the Important Resources page.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Direct peers

• COUNTRY Financial: Mid-market financial services group providing insurance, investment, retirement, and banking products to individuals, families, and small businesses — very comparable in scale, client segment, and product breadth to Miner Financial & Insurance.
• New York Life: Mutual insurer with career agent force delivering life insurance, long-term care, retirement income, and wealth management to individuals and small businesses — comparable product mix and client type to Miner Financial & Insurance.
• Edward Jones: National broker-dealer-affiliated wealth advisory and insurance network serving individuals and small businesses with retirement planning, investment advisory, and insurance products — directly comparable to Miner Financial & Insurance's LPL-affiliated model and individual/SMB client base.
• Ameriprise Financial: Broker-dealer-affiliated financial advisory network offering investment, retirement, insurance, and banking products to individuals and small businesses — directly comparable franchise model with similar LPL-like advisor affiliation structure.
• Northwestern Mutual: Hybrid wealth advisory and insurance company offering financial planning, life insurance, disability income, and investment products through career advisors — closely mirrors Miner Financial & Insurance's CFP-led, multi-line planning and insurance model.
• Raymond James Financial Services: Broker-dealer affiliate of Raymond James supporting independent financial advisors offering investment, retirement, and insurance solutions — direct parallel to the LPL-affiliated wealth advisory infrastructure used by Miner Financial & Insurance.
• MassMutual: Mutual insurer providing life, disability, retirement, and investment products through financial professionals — overlaps directly with Miner Financial & Insurance's life, disability, and wealth advisory offerings for individuals and small businesses.

Broad incumbents

• Allstate: National personal lines insurance carrier with broad distribution through captive agents — competes with Miner Financial & Insurance on home, auto, and umbrella insurance but operates at significantly larger scale.
• Principal Financial Group: National insurance and investment management company providing group benefits, retirement, and individual insurance — directly overlaps with Miner Financial & Insurance's employee benefits, retirement, and life/disability offerings at a much larger scale.
• State Farm: National P&C and life insurance carrier operating through captive agents across personal and small commercial lines — competes broadly with Miner Financial & Insurance on personal/commercial insurance but lacks the wealth advisory depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/minerfinancial

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Miner Financial & Insurance