BOLI (Bank Owned Life Insurance)
Banks & Thrifts
A briefing for senior executives.
- Why financial institutions of all sizes are leveraging $120 billion – as much as 25% or more of Tier 1 assets in this powerful tool
- How to compete for the best executive talent in your highly competitive market… and WIN!
- Achieve total cost recovery on your executive reward and retention program.
- Optimize your balance sheet Return On Assets – an average 100-300 basis points – ensure consistent long-term earnings results to your bottom line.
So many advantages:
- Offset cost of benefit programs to attract and retain key executives and directors
- Outstanding asset/liability matching capabilities
- Earnings not taxed when credited
- Earnings converted to tax-free receipt at death of insured
- Yields are often 100-300 basis points greater than other investments
- Consistent long-term earnings results to the bottom line
- Improved shareholder value
Already using BOLI?
Regulatory scrutiny is growing...
- Is your Program compliant?
- Will it fall short of objectives, with what consequences?
- Is it underperforming?
Learn why an Independent BOLI Audit is essential!
©2008 Concentrix Wealth Advisors, LLC • All rights reserved
Nothing contained on this web page or in the webinar offered is intended to convey specific legal, tax or financial advice. Users should consult their own attorney, accountant, or other advisor for such specific advice. While the information provided is believed to be correct, Concentrix Wealth Advisors, LLC does not warrant the correctness of any information, nor intends for it to be an offer to purchase any asset or a representation that any particular asset will be purchased. Products and services described are not offered in all states. Please consult a Concentrix Personal Advisor for state specific offerings.
