CAPTRUST Launches Website for Nonqualified Plan Sponsors
Raleigh, NC (September 12, 2012)
CAPTRUST, the nation’s leading independent, fee-based, retirement consulting firm, announces the launch of www.captrustnonqualified.com, a website that offers an objective and holistic perspective on best practices for nonqualified deferred compensation plans. The website offers a concise overview of what CAPTRUST calls the “Five Components of a Successful Nonqualified Plan Strategy.” In addition to providing a rare unbiased perspective, the site offers nonqualified Plan Sponsors a number of interactive tools.
One highlight of the website is “Benchmark My Plan”, an interactive tool that allows nonqualified Plan Sponsors to see how their plan stacks up against others. Built using a combination of CAPTRUST proprietary and non-proprietary databases, this tool provides valuable insight not easily available elsewhere. The website also offers the “NQIQuiz,” a test to gauge a Plan Sponsor’s knowledge of nonqualified plans, and a “Plan Review” tool that allows Plan Sponsors to upload plan-related documents and receive a complimentary nonqualified plan due diligence review.
“Nonqualified Plan Sponsors haven’t had many places to turn to for independent and unbiased help with their plans,” says Mike Curran, CAPTRUST Senior Vice President of nonqualified executive benefits. “The new website presents Plan Sponsors with a comprehensive framework for how to think about their plan, what some of the common pitfalls are, and how to address them to make their plan work for both the company and participants. I think the interactive tools, especially the plan benchmarking tool, will generate a lot of interest.”
CAPTRUST first ramped up its focus on nonqualified executive benefits three years ago with the hiring of Mike Curran, a longtime industry leader, to direct and oversee the business. Under Mike’s leadership, CAPTRUST has grown its nonqualified plan Client base to 150 companies with over $3 billion in assets under management. The firm has also expanded the nonqualified executive benefits team with the addition of Jason Stephens and Nick Paleocrassas. Together, the CAPTRUST nonqualified executive benefits team brings a combined 60 years of experience to the table.
“We think there is a real opportunity to help nonqualified Plan Sponsors by bringing the best of what we have learned on the qualified retirement plan side of our business to nonqualified executive benefits,” added Mike Curran.
About CAPTRUST Financial Advisors
CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing retirement plan and investment advisory services to retirement plan fiduciaries, executives, and high net-worth individuals. Headquartered in Raleigh, N.C., the firm represents $76 billion in Client assets with offices in Alabama, California, Florida, Georgia, Iowa, Maine, Massachusetts, Minnesota, North Carolina, Ohio, Pennsylvania, Texas, Virginia, and Washington, DC. To learn more, visit www.captrustadvisors.com or www.captrustnonqualified.com