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Mutual Fund Store rides acquisition into insurance

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The Mutual Fund Store acquired 100 percent ownership of Liberty-based Stuart Woodbury Insurance Inc. for an undisclosed amount, allowing it to enter the term life insurance market. John Bunch, CEO of The Mutual Fund Store (TMFS), said the entity is now called TMFS Insurance Agency LLC and is led by former owner Stuart Woodbury. A new website will be the primary place where the company drives traffic as the Overland Park fee-based investment adviser expands the insurance operations to all of its…

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