Bank Owned Life Insurance
We provide a unique service model to support our clients with the acquisition of BOLI. Our model is built to provide guidance, education and plan design and to help ensure your complete understanding of a BOLI transaction. We are not agents for any specific insurance company or investment manager. Instead, we consult with financial institutions to help them decide whether BOLI is appropriate and if it is, to help them implement, monitor and maintain the asset.
Executive Benefits
The ability to attract, retain and reward executive talent is a critical component in a compensation package. The requirements associated with nonqualified deferred compensation plans have become more complex with the introduction of Section 409A. RBA has extensive experience with the design, implementation, and administration of executive nonqualified deferred compensation plans. We have a nationwide client base, and we administer all of the plans that we design.
Plan Administration
RBA and NFP have invested a substantial amount of capital into our administrative systems both proprietary and third party provided. Budgeted annual improvements and the backing of a billion dollar company ensure that we will continue to improve and modify our systems to meet the needs of our clients for years to come, demonstrating our commitment to operational infrastructure.
Renaissance Benefit Advisors, Inc., formerly the Executive Benefits division of Charon Planning Corporation, is a wholly owned subsidiary of National Financial Partners Corp. (NFP), a NYSE listed firm that distributes financial and consulting services to companies and high net worth individuals.