Smaller firms are seeking to join an organization like ours that offers the full spectrum of products and services. With our depth of expertise, knowledge, cutting-edge software, partners and internal resources, we are the logical choice.
JENKINTOWN, PA (PRWEB) November 05, 2015
Meyer-Chatfield Corp. announced this week that they are actively looking to acquire BOLI, CUOLI, compensation shops and administrative services in 2016. The announcement comes as a result of Bennett Meyer, Chairman and CEO of Meyer-Chatfield Corp., recognizing a trend of firms that offer BOLI, CUOLI, compensation or administrative services seeking the strength of an experienced partner. With the consolidation of banks due to mergers and acquisitions, "mom and pop" vendors are finding it harder to keep up. The need for all-inclusive experience is revealed as firms inquiring about partnering are contacting Meyer-Chatfield Corp.
Meyer explained the reason for expansion in 2016 saying, “We’ve been in business since 1992 and have offered BOLI, CUOLI compensation advisement, and administrative services all under one roof. We maintain our leading position by being selective with the banks we work with and developing innovative products and solutions for our clients. For example, we developed LINQS+, a proprietary product that extends executive benefits while reducing future expenses up to 50%. Our expertise across multiple services has enabled us to answer the call of businesses that have reached out looking to join our firm and empowered us to begin seeking other companies to acquire.”
Meyer addressed how the expansion can benefit clients of firms saying, “Many make the mistake of working with ‘who they know’ as opposed to seeking expert advice. Working with an industry leader that has cultivated strong regulatory relationships and is committed to investing in the best professionals, education, and cutting-edge technology can make a huge difference to the client’s bottom line.”
He continued, “Smaller firms are seeking to join an organization like ours that offers the full spectrum of products and services. With our depth of expertise, knowledge, cutting-edge software, partners and internal resources, we are the logical choice. ”
Meyer-Chatfield delivers nonqualified benefit and BOLI administration and portfolio services to financial institutions across the United States via its team of 16 consultants and 30 support personnel located in 13 regional offices. Meyer-Chatfield offers a near‐seamless approach from design to implementation. The Meyer-Chatfield team has helped over 400 banking organizations recruit, retain, and reward executives, directors and employees critical to each bank’s success. To learn more about Meyer-Chatfield, visit http://www.meyerchatfield.com and http://www.compensationadvisors.com.