The Role of Long-Term Incentive Plans (LTIP) and Bank-Owned Life Insurance (BOLI) in Bank Profits
Bankers will learn how a properly designed LTIP creates a financial partnership between the bank and its employees to achieve sustainable and growing profitability. Bankers will also learn the strategic advantages of using BOLI to pay for these plans and how it adds value in the current economic environment.
Financial Consultant, M Benefit Solutions
John has almost thirty years of experience in the executive benefits area and bank and corporate owned life insurance. From 1997 through 2004 he was the President and Chief Executive Officer of a USI’s executive benefit practice. Since that time he has been a consultant to banks and corporations for their executive benefit needs as part of the M Benefit Solutions and M Financial Group. His expertise in the review of the legal, actuarial and financing of executive benefits and life insurance programs as well as timeline control and presentation ability to board committees has been obtained through completion of hundreds of corporate engagements and board presentations. John is a registered representative with M Holdings Securities, Inc. He is a current member of AALU. John is a member of ABA, ICBA and various state banking associations as well as The Financial Managers Society.
Financial Consultant, M Benefit Solutions
President, Exit Planning Institute of South Texas
Thomas J. Jordan specializes in the design, implementation, funding and the administration of executive and key employee incentive plans. He is also a Consultant and Coach and serves as the regional Chair for CEBI (Chief Executive Boards International) in South Texas.
As a Strategic Business Advisor, Tom guides business leaders in growth and valuation strategies, exit and succession plans and executive compensation solutions. This includes managing over 2,500 Executive plans in over 400 companies and banks in over 43 states.
A proven Board presenter, Tom is considered an expert in strategic solutions and frequently speaks as an expert on the subject to business owners, bank executives and CEOs. His experience includes executive and board-level strategy, exit planning, enterprise value growth planning, and designing tax-favored solutions for top earners.
Tom expanded his practice to include exit planning and transitions in 2012. As part of his advisory services, he has developed stay bonuses, stock appreciation rights, phantom stock plans, executive deferred compensation plans and performance-based incentives for hundreds of organizations. He is the Founder and President of the South Texas chapter of the Exit Planning Institute and also a Chartered Life Underwriter (CLU) and Certified Exit Planning Advisor (CEPA).
Registration to the live session includes:
- One online connection
- CPE credit for registrant
- Permission to reproduce the handouts and other written material for additional attendees at your location
Only registered attendees of the live session can obtain CPE credit. Attendees of FMS live webinars also receive two views of the On-Demand version of the program they attend. Use this bonus feature to share the program with colleagues or as a refresher at a later date. Instructions for viewing the on-demand session will be emailed to you at the conclusion of the live event.
|| Earn up to 1 hours of CPE credit.
- Level: Basic
- Prerequisites: None
- Advance preparation: None
- Field of Study: Business Management and Organization - Non-Technical
- Instructional Method: Group Internet Based
- Length: 60 minutes
For more information regarding administrative policies such as concerns or refunds, call 800-ASK-4FMS (800-275-4367). FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web: www.nasba.org.
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