The Madison Group announces ownership change
Mark J. Richards
The Madison Group, Inc. announced that CEO Mark J. Richards has finalized a mutually agreed upon transaction to become the sole shareholder of the independent financial firm and take on the added role of president.
For more than a year, firm Founder and Chairman Emeritus Neal Groff and Richards have been working closely to transition ownership of the firm.
“Just as we work with our clients to plan for the future, this natural succession plan for The Madison Group ensures we will continue to provide best-in-class financial strategies to our clients,” said Richards, noting that The Madison Group turns 50 years old this year. “We take pride in our established team’s foundation of experience based on competence and integrity, all of which results in exceptional personal service to our clients. This seamless ownership transition solidifies that client-centric foundation.”
Richards started with The Madison Group 21 years ago, and has been its CEO since 2016.
The Madison Group continues to partner with M Financial Group, one of the nation’s premier financial services distribution companies, and is the original Colorado M Financial member firm.
