Jude Barbiere Nqpc

Non-qualified Plan Consultant - Financial Advisor @Northwestern Mutual

I work with a team of specialists from Northwestern Mutual to align the specific needs of each client. Understanding that each client’s needs are unique, I provide a customized solution specific to each corporation or individual, focusing on wealth planning and preservation. I specialize in working with banks and corporations to design, administer and assist in the informal financing of Nonqualified Executive Compensation / Benefit Plans / Bank Owned (BOLI) and Corporate Owned Life Insurance (COLI) programs to attract, retain and reward key executives.Bank-Owned Life Insurance (BOLI) is a life insurance policy written on the life of an employee in which the financial institution is the owner, payer, and beneficiary. Financial institutions purchase life insurance to achieve attractive tax-efficient growth and to finance the costs of medical coverage, and post-retirement employee benefits such as group term life insurance and supplemental retirement plans.Nonqualified Benefit Plans include- Deferred Compensation Plans- Supplemental Executive Retirement Plans- Defined Contribution/Short Term Deferred Cash Incentive Plans- Defined Contribution/Long Term Incentive Plans- Executive Bonus Plans- Split Dollar Plans- Executive Benefits including Supplemental Life, Disability and Long-Term Care Insurance