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To the surprise and delight of its management team, this strategically-grounded rebranding effects a personality change so dramatic it feels like a new company... a company "reenergized, with a stronger presence and a wonderful future" said Betsy Pohl, director of corporate marketing. 

And what is MFS?  Originally (1924) it was Massachusetts Financial Services (a name abandoned many years ago), where the mutual fund was invented. Today it is a leading global firm serving other investment managers, with some $300 billion under management.

in 2010, when this rebranding was initiated, there were no evident identity problems, other than a somewhat chaotic diversity in visual materials design; the name and logo themselves were felt to be adequately functional. But MFS, known as a strong U.S. retail mutual funds brand, felt itself underappreciated for its positive momentum (in a down market) and global expansion.  "And we were planning a headquarters relocation," Betsy Pohl added; "if so much was going to change anyway, we needed to take a look at branding as well."

Many branding firms were considered; three were asked for proposals, and in March 2011 Lippincott won it -- for chemistry, depth of financial services portfolio -- and "we liked it that as we are a pure play in investment management, Lippincott is a pure play in branding." Pohl engaged senior officers in a rebranding team, including the distribution heads, CFO and president as well as CEO Manning. After the usual interviews and analysis, Lippincott distilled a new positioning statement that would  guide logo design exploration -- "Building Better Insights."

According to Lippincott's Connie Birdsall, initial design work retained an initials-based mark, focusing more on a clearer, more coherent visual system than on the logo itself. But "Building Better Insights" called for more aggressive, expressive ideas. The boldest of them, a three-toned rendering of a jaggedly abstract sculptural form, not only survived early screenings; in every presentation it won over doubters and gained enthusiasts.   "The symbol says so many things that ring true for us" said Pohl; "Like our portfolios it ties many pieces together. Its intersections suggest the collaboration which is in our DNA. We love its angularity and its energy." The team also loved the retention, indeed enrichment, of the deep red heritage color.  Though there was some trepidation, "if we're going to change at all, we figured, let's change with real impact."

The decision was nailed, perhaps, when the symbol got a name -- "the infinite M."  "We had not set out to design a monogram" said Birdsall "but when an M was seen we were pleased."

Note how the symbol's bended band comes to life in animation, and provides a graphic device useful in anchoring the new visual system in print as well as digital media.

The new branding was launched in an aggressive large-space print campaign, by agency Allen & Gerritsen, tagged "Investment Management for Investment Managers."

Lippincott

Submitted by: Tony Spaeth, 15/10/2012
Status: Confirmed by Betsy Pohl, Dir. Corp. Mktng & Communications,15/10/12
Category: General Financial
Country (HQ): United States