by Feminella, Amy | Jan 19, 2023 | Bank advisors, Compensation Advisors, Insights, Non-Qualified Plan Advisors
GROUP TERM PLANS AND THE FEAR OF RESPONSIBILITIES, TIME, and….UNDERWRITING by Richard Pearson, Newcleus COO The following is only one strategy of many offered at Newcleus, but we find the plan type, general need, and context may be the most relatable for...
by Feminella, Amy | Mar 13, 2022 | Bank advisors, Compensation Advisors, Insights
Attracting, retaining, and rewarding your key executives properly is crucial to the success of your bank. At Newcleus, we recognize the power of well-designed compensation. When it comes to executive compensation, however, there are various arrangements that can work...
by Feminella, Amy | Feb 20, 2022 | Bank advisors, Compensation Advisors, Insights
A lifetime income non-qualified solution, more commonly referred to as LINQS+, is Newcleus’ proprietary innovation to the traditional supplemental executive retirement plan (SERP) product; which is a form of deferred compensation. The fact that LINQS+ is proprietary...
by Feminella, Amy | Feb 6, 2022 | Bank advisors, Compensation Advisors, Insights
Providing powerful compensation incentives can set you apart in the hiring and retention game. But how will you fund those benefits? At Newcleus, we design deferred compensation packages that help you retain your top talent and incentivize them to help your bank grow...
by Feminella, Amy | Jan 16, 2022 | Bank advisors, Compensation Advisors, Insights, We are Newcleus
Bank-Owned Life Insurance, more commonly referred to as BOLI, is a form of life insurance purchased by banks where the bank is the owner and beneficiary of the policy. There are various benefits when it comes to bank-owned life insurance, including that it enables...
