Executive Benefits Network

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Description

The Executive Benefits Network (EBN) specializes in the design, administration, and informal financing of executive compensation and benefit plans as well as the procurement of Bank Owned Life Insurance programs. Nonqualified executive benefit and compensation packages have become the focal point in the quest by large and small corporations to attract, retain, and reward key executive talent. No two companies are alike in their needs; therefore, customization of executive benefit and compensation plans is paramount to a successful program. Members of EBN have been designing and implementing Nonqualified Deferred Compensation Plans and Bank Owned Life Insurance (BOLI) programs for over twenty years. EBN advisors stress the importance of reviewing not only the design of the executive benefit compensation plan, but placing significant emphasis on the informal financing and communication of the program. Most executives participating in nonqualified executive benefits programs do not fully appreciate the power of the new or existing benefit plan that their employer provides them. It is not until the executive has done a complete and thorough financial planning review that they understand the power of the nonqualified executive benefits programs offered through the employer.

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