A Synergistic Approach
With the synergy of front line input, internal staff support, and platform administration analytics and insights, we’re uniquely able to infuse greater guidance to the companies we power. Newcleus currently provides back office sales, marketing and administration support for several independent sales organizations. Below are the companies we are currently powering. Please click on any organization below to learn more about these firms.
BFS Group, a leading expert in the BOLI industry, is a national firm with an exclusive focus on community and regional banks. BFS Group supports the management of all BOLI portfolios with the primary goal of providing unparalleled customer support, increasing the bank’s bottom line earnings, increasing shareholder value, and funding meaningful benefits for all bank employees.
Since 1992, Meyer-Chatfield has served community and regional financial institutions across the United States with products, services, consultation, and administration. Our professionals have extensive BOLI and benefits experience and include bankers, actuaries, and investment experts. We are considered leaders in BOLI/CUOLI/COLI, plan administration, and executive compensation.
Compensation Advisors is a leading compensation consulting company, providing relevant and innovative solutions for financial institutions nationwide. Through Compensation Advisors, we offer an exclusive and proprietary Supplemental Executive Retirement Plan (SERP) product—Lifetime Income Nonqualified Solution (LINQS+). LINQS+, patent pending, can be a more efficient SERP design, decreasing the cost of such plans up to 50 percent while creating an exceptionally strong retention tool by providing an enhanced lifetime benefit to critical executives.
Meyer-Chatfield Credit Union Division
In May 2015, the Meyer-Chatfield Credit Union Division was created to deliver a holistic approach to Non-Qualified Deferred Compensation Plans. In our consultative approach, the credit union stakeholders drive the engagement, not a product. Our thorough process is transparent, product agnostic with a focus on safety, soundness and risk management. Additionally, for credit unions using 701.19 (c) investments to offset benefit cost and charitable donation accounts (CDA), our exclusive funding option allows a credit union to have a total return objective, while seeking to limit income statement volatility under the new accounting standards (ASU 2016-01).
Alden Investment Group
An industry leading Retirement Plan Services company. Our Advisors work with Banks & Businesses to design, manage and oversee meaningful Retirement Programs. Our independent approach allows us to tailor a Retirement Plan solution that is best fit for the organization and their employees. Alden is an independent, broker-dealer and Registered Investment Advisor founded in 1995 to provide clients with unbiased, high-quality investments and financial advice.