Who is NBFG?
New Beginning Financial Group, LLC (NBFG) is a privately-owned insurance and financial services company, tax advisory company, and a mortgage company. NBFG was originally founded in 2006 as a mortgage company by Mark A. Wingo in St. Paul, MN. In 2009, after the mortgage crisis, Mr. Wingo decided to get his insurance licences to add financial planning to help families better manage and grow their finances through life insurance and fixed index annuities. That's when Wingonomics was created, its proprietary financial planning concept, which was created from Mr. Wingo's personal financial struggles of unemployment, foreclosure, three payday loans, overdrawn bank accounts and over $50,000 of credit card debt. Then, in 2012, after brainstorming strategies to grow New Beginning Financial Group, LLC, Mr. Wingo incorporated personal and small business tax preparation to grow the insurance practice; that eventually expanded into offering bookkeeping, accounting and payroll services. After years of growth, in 2017, New Beginning Financial Group, LLC went back to origins and started a commercial mortgage brokerage. The next phase will becoming an investment advisory to help our clients diversify their investment portfolio.
Our philosophy is to help our customers be more financially responsible and to help them “Create Your Own Economy” with our proprietary financial planning strategy “Wingonomics” created by our President and CEO, Mark A. Wingo, after experiencing financial hardship.
Products and Services we offer:
New Beginning Holding Company
Wingonomics: Financial (Education) Planning Concept
Lettuce Tracker: Financial Software (Coming Soon)
Winopoly: Real Estate Investing Coaching
New Beginning Insurance & Financial Services
Life Insurance (Final Expense, Term Life, Whole Life and Universal Life)
Fixed (Index) Annuities
Business Key Person
Business Executive Bonus
Business Buy-Sell Agreement
Premium Financing (High Net-Worth Clients)
New Beginning Tax Advisory Group
New Beginning Mortgage Group
A representative of NBFG may or may not be a member of:
National Association of Fixed Annuities (NAFA)
National Association of Tax Professionals (NATP)
National Association of Insurance and Financial Advisors (NAIFA)
National Association of Mortgage Brokers (NAMB)
National Association of Professional Agents (NAPA)
National Association of Black Accountants (NABA)
American Society of Women Accountants (ASWA)
Our Company Structure
New Beginning is organized into several companies, each with unique service offerings and areas of expertise. Regardless of which company you are working with, you can be confident that you are leveraging our cross-disciplinary expertise. Our corporate structure creates necessary legal separation without compromising our ability to provide cohesive and seamless service from one entity to another.
New Beginning Holdings, LLC - is the company that owns the brands, proprietary financial concepts and sales strategies, intellectual property and other assets of NBFG. We have our propriety financial planning strategy to help you, our customers. "Create Your Own Economy" called "Wingonomics", a financial planning software called "Lettuce Tracker", and tax coaching program called "My Tax Business In A Box" teaching entrepreneurs how to start as a tax professional, operate as a tax business and scale a tax advisory company and a real estate investing strategy called "Winopoly"
New Beginning Financial Group, LLC subsidiaries:
New Beginning Insurance and Financial Services - is an insurance based financial planning company that offers a variety of life insurance services and annuities products.
New Beginning Tax Advisory Group – offers tax preparation services to individuals, businesses and corporations; as well as affordable monthly bookkeeping, accounting, AP/AR services and payroll services.
New Beginning Mortgage Group - We are a mortgage brokerage offering residential mortgages; and mortgage financing on residential investment properties and commercial properties across the country.
New Beginning Lending Group - We provides small and large businesses with business capital through business loans, lines of credit and cash advances.
New Beginning Capital Partners, LLC – An Atlanta, GA based Private Equity Investment Fund that invest in a wide range of asset classes, primarily focused on real estate investments, to provide our investors with sustainable long-term capital appreciation.
New Beginning Capital Fund, LLLP - "Fund I" A real estate investment property fund with a disciplined approach to investing in multi-family properties and real estate community development opportunities in emerging markets.
New Beginning Investment Advisory (Coming Soon) - The goal is to be a Registered Investment Advisory (RIA) within the next 5 years.
New Beginning Foundation 501(c) (3) (Coming Soon) - New Beginning Foundation initiative is to engage in local communities, such as St. Paul/Minneapolis and Atlanta, to partner with former professional athletes, business professionals and local businesses to have an candid conversation with families and young adults on what it really take to be financially responsible to build generational wealth and successful in the game of life by choosing the right career path. The foundation provides personal development, financial education, career guidance, college scholarships, grants and financial assistance to the communities it serves.
St. Paul/Minneapolis, MN
Additional Tax (Affiliate) Locations:
Los Angeles, CA
San Diego, CA
Kansas City, MO
St. Louis, MO
St. Paul, MN
New Orleans, LA
We are licensed to sell life insurance and annuity products in the following states: MN, GA, OH, MD, TX & MI
Coming in 2020: AL, NC, SC, CO, IL, TN, & VA
We are certified to e-file taxes in ALL 50 states
*We offer basic financial coaching, business consulting and bookkeeping & accounting services in ALL 50 states
We will soon be licensed to offer mortgages on residential properties
We can originate commercial mortgages in ALL 50 states - Some states may have restrictions.