NFP Executive Benefits
As a valued partner of the MBA, NFP, an Aon company, helps banks recruit, retain, and reward key executives and directors through customized benefit and financing solutions. With more than 1,250 BOLI clients, NFP brings extensive experience in the design, implementation, and administration of Bank-Owned Life Insurance (BOLI) and nonqualified benefit plans tailored specifically to the banking industry.
NFP’s team includes CPAs, attorneys, MBAs, former bankers, former bank directors, a former bank regulator, and other experienced professionals who understand the complexities of executive compensation and regulatory compliance. In addition to helping institutions develop effective benefit strategies, NFP provides ongoing administrative support, compliance guidance, and access to products from leading insurance carriers. The firm is also a longstanding partner of the American Bankers Association and is exclusively endorsed by numerous state banking associations for BOLI services.
Program Benefits
BOLI Portfolio Optimization
NFP helps banks maximize the value of their BOLI programs through portfolio reviews, strategic recommendations, and ongoing support. These services are designed to enhance earnings while ensuring BOLI assets remain aligned with institutional objectives.
Executive Benefit Plan Design
NFP works with banks to develop customized nonqualified benefit and executive compensation programs that support recruitment and retention efforts. Their solutions address retirement income gaps and can incorporate performance-based incentives that align with organizational goals.
Industry Expertise & Compliance Support
NFP’s experienced team provides guidance on plan implementation, administration, regulatory considerations, and ongoing reporting requirements. This specialized expertise helps banks navigate complex benefit programs with confidence.
Access to Leading Solutions
NFP offers products and services from top insurance carriers and financial providers, giving banks access to high-quality solutions tailored to their needs. The firm also maintains robust safeguards to protect confidential customer and institutional information.
Member Testimonial
“The NFP consultant was very knowledgeable in all matters relating to BOLI and executive benefit plans and quickly gained the trust of management and the Board. His vast experience and CPA background were invaluable in helping us. We had spent almost six years considering our options and in a few short meetings the NFP team was able to resolve the issues and take us through implementation. Since then, they have continued to be very thorough in the ongoing reporting and have been very responsive to any questions we have.”
Jim Bosley
Former President & CEO of Farmers and Merchants Bank
Contact Information
If you have any questions, contact David Shoemaker at (404) 229-2941 OR Brian Rodgers at (267) 482-6406