- Nolan Financial Is An Exemplary Business PartnerRead More
Wayne A. Pangburn, Principal & CEO Emeritus, The Pangburn Group
The Pangburn Group and Nolan Financial share several core philosophies. We are both dedicated to providing accurate, state-of-the-art Bank Owned Life Insurance (BOLI) recordkeeping services to our clients. Both firms care deeply about their clients’ needs and offer the highest level of professional standards in everything we do.
We have found Nolan Financial to be an exemplary business partner within the BOLI arena, matching our passion for outstanding client service.
- Go-To ProfessionalsRead More
Pat Fergen, Human Resources Specialist, Avera McKennan Hospital & University Health Center
I am a Human Resources Specialist in the area of Compensation and Benefits. Kim Enebo, the director of Compensation and Benefits is my direct supervisor.
- Compliance Hassle, Compliance RiskRead More
Kim Enebo, Human Resources Director, Avera McKennan Hospital & University Health Center
We had been with a different supplemental/executive benefit provider, and the laws were getting more complicated. We were going to spend a lot of money for something that would allow us to comply with these new laws. When we were trying to get our arms around the new laws, I was introduced to Nolan Financial. To Mike Nolan, specifically. We described what we were currently doing, our concerns, the main one being needing to be compliant. And through conversations with Mike, we became very comfortable, very quickly, with how well he understood not only the previous laws but how to create a solution to be compliant as we moved forward.
- Spend More or Save Millions?Read More
Bill McLean, Senior Vice President, Avera McKennan Hospital & University Health Center
We were in a relationship with another vendor. Their service was always very good, but their product was getting more expensive than we could justify. We just couldn’t make it work, so we decided to look for other alternatives. Someone who had worked with Mike referred Nolan Financial.
- Help! She Needed SomebodyRead More
Patti Murzyn, Human Resources Specialist (retired), Lincoln Financial Group
In 1999, a gentleman at Lincoln Financial, a friend of Mike Nolan’s, was looking to move our deferred compensation plan from Wells Fargo to another firm. Mike came in and made the pitch, and after some other discussions, Lincoln Financial decided to go with Nolan. I was an administrator working in executive compensation at the time.
Deferred compensation had been handled in the benefits area, but was now moved to the executive comp area. I began handling small parts of the plan administration.
Up until October 2003, I had an administrative position where I worked on parts of the executive compensation plan. But because I had picked up a lot working with Nolan from 2000 on, I was offered a promotion to a rofessional position to manage the deferred compensation plan. I had just one week to work with the outgoing manager, and my new supervisor was knee deep in the new payroll system.
- Is Bigger Better? Not in This Case.Read More
Karen Kanjian, Head of Compensation, Lincoln National Corporation
When I first came to Lincoln Financial and was given responsibility for the legal compliance side of our deferred compensation plans, I had never heard of Nolan. My first impulse was to move to a more prominent name-brand recordkeeper, one that I was familiar with from “big firm” life. This was based on the fact that the name-brand recordkeepers were familiar to me and I knew that they could handle all the tracking and reprogramming required by the new Jobs for Americans Act of 2004. (The Jobs Act is a statute that spells out the legal parameters for how to make deferral and distribution elections. There are, within those parameters, many different plan designs that comply. So part of the challenge is which plan design or features do you want for your population within the 5-8 ways you could design it.)