Expertise

We enable client success through the expertise of over 6,000 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. We’re proud to deliver BOLI portfolio and nonqualified benefit services to banks across the United States through a specialized team of 180+ professionals. We care deeply about our employees' and clients' well-being, and strive to lead by example. But what truly defines us is that for us, business is personal.

At the end of the day, our vision isn't a financial metric or a top 10 list. It's that when you hear "NFP," you think of a world-class company that's authentic, genuine, and real. One whose expertise and scale are only matched by its passion for building lifelong relationships. Our team members, located in 35 states, have helped over 2,000 banking organizations recruit, retain, and reward executives, directors, and employees by assisting with over 5,000 BOLI placements and implementing 3,000 benefit plans.

Our national service centers in Minnesota and Atlanta provide in-house BOLI and nonqualified benefit plan recordkeeping and administrative services for our clients. The client service team is experienced in servicing nonqualified benefit plans and BOLI programs. We believe in building strong personal relationships based on trust, transparency, and open communication. This delivers the best possible solutions for our clients and creates the best possible work environment for our employees. Leadership is provided by senior vice presidents Kim Clarke and Becky Pressgrove, CPA. Kim and Becky have over 40 years of combined experience with nonqualified benefits and BOLI. Their primary focus has been client service delivery — from developing and leading other professionals charged with insurance and benefit plan administration, accounting, and financial reporting to leading a team of senior advisors who provide technical assistance to clients, consultants, and client service personnel on accounting, tax, regulatory, and legislative issues.

Our Regulatory Compliance

NFP maintains physical, electronic, and procedural safeguards that comply with federal regulations to protect consumer and customer nonpublic personal information. We successfully completed a Service Organization Controls (SOC 1 Type 2) audit in 2018 with no exceptions reported. The scope of the audit included both implementation and administration of BOLI programs and nonqualified benefits and was conducted in accordance with the Statement on Standards for Attestation Engagements No. 16 (SSAE 16). The audit attests that we have appropriately designed control objectives and that the controls safeguarding customer data operate effectively. NFP is audited annually to ensure compliance with this framework as well as the operating effectiveness of its controls.

The Bottom Line

NFP has extensive experience assisting financial institutions with a variety of challenges they face, including:

• Designing and implementing compensation plans to attract and retain key officers including the next generation of leaders
• Improving bottom line performance

Our consultants have helped banks design and implement over 2,000 nonqualified benefit plans. They have also assisted with over 5,000 BOLI placements.

Learn how your company, organization, or institution can begin to benefit from a relationship with us. Please contact us.