Memphis, Tennessee (PRWEB) March 27, 2012
Equias Alliance, LLC is pleased to announce that David F. Boyle of Overland Park, Kansas, has joined the firm as a Consultant for the Midwest region. Prior to joining Equias Alliance, Mr. Boyle was Vice President of Executive Benefits for New York Life Insurance Company. His primary area of responsibility was the marketing and sale of Bank-Owned Life Insurance(“BOLI”). During his twelve year career as an Executive Officer of New York Life, the company was often the market leader in the sale of community bank BOLI according to industry publications. Over 2,000 banks selected New York Life Insurance and Annuity Corporation as their BOLI carrier during this period of time.
Prior to joining New York Life, Mr. Boyle was Vice President of Large Corporate Markets at Mass Mutual Life Insurance Company. At Mass Mutual, one of his key responsibilities was the marketing, sale and administration of BOLI and other group life insurance products. In previous positions, Mr. Boyle has assisted banks and corporations with the plan design of both qualified and nonqualified benefit programs.
According to David Shoemaker, President of Equias Alliance, “Dave Boyle brings a wealth of experience and knowledge of the BOLI market to our firm, and will do an excellent job assisting community banks with their executive benefit needs.”
Mr. Boyle is a magna cum laude graduate of the University of Massachusetts where he was elected to Phi Beta Kappa. He attended Cornell Law School and graduated cum laude from Western New England University School of Law.
During his career, Mr. Boyle has been a member of the American Bar Association, Massachusetts Bar Association, National Association of Insurance and Financial Advisors and an associate member of the Association of Advanced Life Underwriters (“AALU”). Mr. Boyle has also spoken at several industry meetings regarding BOLI and other executive benefits topics.
About Equias Alliance
Equias Alliance delivers nonqualified benefit and BOLI administration and portfolio services to banks across the United States via its team of 16 consultants and 29 support personnel. With experienced former consultants of Clark Consulting located in 13 regional offices, Equias Alliance offers a near-seamless approach from design to implementation. They have helped nearly 800 banking organizations recruit, retain, and reward executives, directors and employees critical to each bank’s success.
The company’s in-house service professionals offer practical, hands-on assistance to banks and their professional advisors in responding to auditors and examiners, as well as timely, accurate documentation and regulatory compliance support. The organization’s 44 team members include 8 CPA’s, 3 attorneys, 7 MBA’s, 3 CLU’s, 1 CFP®, 2 ChFC®s, a former bank regulator, several former bankers and bank directors and hold many other degrees and licenses.
In addition, Equias Alliance was awarded the American Bankers Association (ABA) exclusive endoresment for bank-owned life insurance (BOLI) and executive and director benefits consulting services including:
Bank-Owned Life Insurance
Executive and Director Benefit Planning
Administration of BOLI and/or Executive Benefit Plans
Risk Assessment Review of BOLI and Executive & Director Benefit Plans
Equias Alliance can be found on the Internet at http://www.equiasalliance.com. Securities are offered through ProEquities, Inc., a Registered Broker/Dealer, and member FINRA and SIPC. Equias Alliance, LLC is independent of ProEquities, Inc.