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At Insurance Advantage & LMA Financial Services, we are working for you, not an insurance company!

Insurance Advantage & LMA Financial Services is a group of independent insurance agents based out of Jacksonville, Arkansas, with additional offices in Jonesboro and Springdale. We pride ourselves on working for our clients, and not for a company. Mary Alice Hughes began Insurance Advantage in 1995 and partnered with Lisa Bamburg in 2010 to form Insurance Advantage & LMA Financial Services. We specialize in working with Arkansas Public School Employees and their families. We strive to always help our clients make the best decisions possible. Below you will find more information about our owners and the entire IA/LMA team. We are an A+ Better Business Bureau accredited company and we are also endorsed by the Arkansas Retired Teacher's Association.

Our team is experienced and focused on providing you exemplary customer service

Meet Our Team

Mary Alice Hughes

Owner - NPN 833859



Mary Alice is a 1991 graduate of Arkansas Tech University and has been a licensed insurance producer since January 1995 when she founded Insurance Advantage LLC. She is endorsed by the Arkansas Retired Teachers Association and is an exclusive agent for their long-term care insurance, dental and vision insurance, cancer lump sum insurance and heart/stroke lump sum insurance. Mary Alice also provides tax-deferred annuities and Medicare-related products.

Read more about Mary Alice by clicking here.

(NPN 833859)

Lisa Bamburg

Owner - NPN 16145696 CRD 6458715



Lisa is graduate of the University of Arkansas at Little Rock with a finance degree. She is a Registered Investment Advisor with CoreCap Advisors, Inc. and a licensed insurance agent. Lisa is also endorsed by the Arkansas Retired Teachers Association.

Read more about Lisa here.

(NPN 16145696)

Linda Valley

Agent - NPN 11006873



Linda is a licensed insurance agent with more than 20 years of experience in the industry. She joined Insurance Advantage and LMA Financial Services in 2006 and is the office manager. Linda has broad expertise in dental and vision insurance, health insurance, cancer policies, heart and stroke policies, Medicare supplements, Medicare Advantage plans and Medicare prescription drug plans.

Learn more about Linda by clicking here.

(NPN 11006873)

Haley Hickingbotham

Agent - NPN 18736133



Haley came to our team in February 2018, after graduating from Henderson State University in the fall of 2017. She was born and raised Jacksonville and is a licensed insurance agent. She can assist our clients with Medicare, dental and vision and cancer/heart/stroke plans. Haley’s favorite season of the year is fall because she can watch the Hogs every Saturday!

Laura Babcock

Agent - NPN 18885130



Laura’s career has been diverse, having served both as a marketing leader and a professional ballet dancer. Laura’s work with the staff is primarily focused on client relations and learning about insurance and the retirement/
financial planning industry. She is the mother of three grown boys and is also married to a Chief Master Sergeant in the US Air Force.
Laura likes to work in her garden, play golf and enjoys telling stories about her dancing days.

Becca Reynolds

NWA Agent - NPN 18902083



Becca Reynolds is our Northwest Arkansas agent and works out of our newest location in Springdale. Becca joined our team 2018, after nearly 15 years in corporate retail. Since then, she has enjoyed getting to know our clients and learning through hands-on training. Becca has a degree in Business Management and appreciates being able to help people make informed decisions as they plan for and enjoy retirement.

Becca and her husband, John, love chasing after their two beautiful girls, Jacquelyn and Emelyn. Becca volunteers with her church and daughter’s preschool and supports the American Diabetes Association. In her free time, Becca and her family enjoy attending the many local events and attractions offered in NWA and when able, they love to travel.

Jeff Altemus

Agent - NPN 18993294



Jeff Altemus

Jeff is the former Deputy Superintendent of Marion Schools and has decided to come out of retirement to join our team!  With 33 years of experience in Arkansas Public Schools, including 15 years sitting on the benefits committee at EBD, Jeff brings his vast knowledge of school administration to our business to better serve our school employee clients.

Jeff has been married for 35 years to Marci (formerly Tucker) of Bryant and together they have two grown children, Michael and Allison.

Jeff has more hobbies than we have room to list here, but the highlights are building hot rods, hunting and tennis.

Tina Clegg

Office Staff



Tina is originally from Coweta, Oklahoma, and has lived in the Jacksonville/Cabot area for over 20 years. Tina is likely the first person you speak with when you call our main, Jacksonville office. She enjoys working with Insurance Advantage & LMA Financial Services and feels like her teammates are family!

Tina has 2 grown daughters, one grandson and a grand daughter on the way. Her hobbies include: hanging out with family and friends, meeting new people and she is also a BIG fan of the Razorbacks and the Cowboys.