National Retirement Partners Aligns with MullinTBG to Deliver Executive Benefit Solutions
LOS ANGELES – MullinTBG, a Prudential Financial company and leading executive benefits firm, is teaming up with National Retirement Partners (NRP) and its network of independent retirement plan advisors to become a preferred provider of the company’s nonqualified plan initiative.
Under the arrangement, member firms of NRP will expand their suite of benefit offerings to clients with MullinTBG’s robust and comprehensive executive benefit services.
NRP’s member firms currently have access to leading technology, products, services and support in the qualified plan space. A study group of NRP advisors confirmed that the next logical step to help member firms further their relationships with their clients was to partner with a best-in-class nonqualified executive benefits firm. Following extensive due diligence, NRP chose MullinTBG for its decades of experience, state-of-the-art technology and depth of consultative expertise in all facets of deferred compensation.
“MullinTBG and NRP share very similar philosophies. We’ve built our respective businesses by developing strong relationships with corporate executives and senior human resources professionals, and by delivering exceptional client and participant service,” said MullinTBG CEO Mike Shute. “We are excited to be able to help NRP’s member firms optimize the executive benefit programs they offer with the addition of our sophisticated nonqualified solutions.”
With a fast-growing national network of retirement plan advisors, NRP is committed to giving member firms a competitive advantage by offering the latest in retirement plan-related toolsets that enable them to deliver value-added services to their clients, according to William Chetney, president and CEO of NRP.
“With MullinTBG sharing their expertise and knowledge with NRP and comprehensively educating our advisor team, it’s a win-win for everyone involved,” Chetney said. “Partnering with MullinTBG positions NRP and our member firms as the leading source for superior retirement plan consulting and services across all benefit areas.”
National Retirement Partners, Inc. (NRP) is a network of independent advisors who provide consulting and investment services to retirement plan sponsors and participants nationwide. NRP is dedicated to supporting advisors who service the retirement plan marketplace. Providing an independent perspective, NRP Advisors have been utilized by thousands of companies nationwide, with billions in retirement plan assets. Sharing diverse talents, expertise and a common focus, NRP Member Firms are able to deliver to clients what had traditionally only been available to larger firms – heightened best practices and investment due diligence, open architecture plan analysis and design, independent vendor search and benchmarking analysis and high quality service and communications.
MullinTBG is part of Prudential Retirement, a business of Prudential Financial, and is one of the nation’s largest providers of nonqualified executive benefits, with 625 customized plans and $21 billion in total assets as of March 31, 2010 representing more than 62,000 corporate executives. MullinTBG leverages decades of experience and expertise in the design, informal funding, communication, implementation and administration of nonqualified deferred compensation programs to serve the long-term and increasingly complex financial needs of companies and their key executives. The firm is headquartered in Los Angeles (El Segundo) and has regional offices in Baltimore, Boston, Chicago, Dallas, New York and Newport Beach, CA. For more information, please go to www.mullintbg.com. Securities offered through M Holdings Securities, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. MullinTBG and MullinTBG Insurance Agency Services, LLC are independently owned and operated.
Prudential Retirement delivers retirement plan solutions for public, private and non-profit organizations. Services include state-of-the-art record keeping, administrative services, investment management, comprehensive employee investment education and communications, and trustee services. With over 85 years of retirement experience, Prudential Retirement helps meet the needs of nearly 3.2 million participants and annuitants. Prudential Retirement has $183.9 billion in retirement account values as of March 31, 2010.
(Source: Prudential)
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