Business Details
Trusted Financial Advisers in Milwaukee, WI
Executive Benefits Network (EBN) specializes in designing and administering Nonqualified Executive Compensation and Benefit Plans, along with Bank Owned Life Insurance (BOLI) programs. Our mission is to help organizations recruit, reward, and retain top talent through customized financial solutions. We prioritize education, ensuring clients stay informed on critical topics while building long-term relationships. Our services include Deferred Compensation, Supplemental Executive Retirement Plans (SERP), and Corporate Owned Life Insurance (COLI). EBN partners with top-tier carriers to maximize investment yields and provide secure financial institutions for informal financing vehicles.We emphasize customization, recognizing that each companys needs are unique. Our expertise extends to regulatory compliance, including adherence to 409A regulations, and securing nonqualified plan obligations. With offices in Milwaukee and Lawrence, we serve banks, corporations, and individuals nationwide. Our team combines industry experience with a client-centric approach to enhance financial security and create peace of mind. Through whitepapers, newsletters, and direct consultations, we deliver actionable insights tailored to evolving market demands.
Services
Bank Owned Life Insurance (BOLI)
Nonqualified Deferred Compensation
Supplemental Executive Retirement Plans (SERP)
Corporate Owned Life Insurance (COLI)
Regulatory Compliance Consulting
Highlights and features
- We specialize in Nonqualified Executive Compensation and BOLI programs with decades of industry experience.
- Our plans are fully customized to meet unique organizational needs and regulatory requirements.
- We partner with top-tier carriers to maximize investment yields and security.
- Our team provides ongoing education on evolving tax and compliance issues.
- We offer nationwide service with local expertise in Milwaukee and Lawrence.
Services
Bank Owned Life Insurance (BOLI)
BOLI programs help banks offset nonqualified plan costs while improving shareholder value. The bank owns the policy, receives death benefits, and gains non-interest income. This solution enhances liquidity and supports long-term financial stability for institutions.
Nonqualified Deferred Compensation
Customized deferred compensation plans reward executives with tax-advantaged savings. Employers may self-fund benefits or invest assets to match liabilities. These plans align with organizational goals while ensuring compliance with evolving regulatory standards.
Regulatory Compliance Consulting
EBN ensures plans adhere to IRS regulations like 409A. We address tax implications, accounting standards, and legal requirements to mitigate risks. Our expertise protects clients from penalties while maintaining plan integrity.
Supplemental Executive Retirement Plans (SERP)
SERPs provide additional retirement income for key executives beyond qualified plan limits. These nonqualified plans are funded through corporate-owned assets, offering flexibility and competitive benefits to retain top talent.
Corporate Owned Life Insurance (COLI)
COLI policies protect businesses by offsetting executive benefit liabilities. The death benefit provides liquidity for succession planning, while cash value growth supports long-term financial objectives for corporations.
Questions
What is Bank Owned Life Insurance (BOLI)?
BOLI is a life insurance policy owned by a bank, used to offset nonqualified plan costs and generate non-interest income.
How do Nonqualified Deferred Compensation plans work?
These plans let executives defer income while employers fund liabilities through earnings or investments to match obligations.
Does EBN help with regulatory compliance?
Yes, we ensure plans meet IRS regulations like 409A and address tax, legal, and accounting requirements.
What areas does EBN serve?
We operate nationwide with offices in Milwaukee, WI, and Lawrence, KS.
Can BOLI improve bank profitability?
Yes, BOLI enhances earnings by providing tax-free death benefits and improving shareholder value.
