Three professionals with decades of experience in Bank-Owned Life Insurance (BOLI) and non-qualified benefit planning have joined Newcleus, the Newtown, PA-based firm that designs, administers and services creative compensation, benefit, investment and finance strategies. Newcleus is rapidly growing, adding the best and brightest industry experts in response to the competitive banking market and the greater demand for creative investment, compensation and retention strategies.
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Fabrizio D’Uva, Regional Managing Director for Newcleus Bank Advisors. Newcleus, LLC is a firm that designs, administers and services creative compensation, benefit, investment and finance strategies. (Photo: Business Wire)
Managing Directors Fabrizio D’Uva and Charlie Abboud and Account Executive Amanda Hoffman join Newcleus from Pentegra, where they had grown a loyal clientele through their specialized knowledge of bank-owned life insurance (BOLI) and non-qualified benefit planning. At Newcleus, D’Uva, Abboud and Hoffman will continue to serve the banking community and be able to enhance their servicing and product offerings to their clients while providing a smooth transition and undisrupted administration.
“We are extremely excited to add such quality talent to our team,” said Daniel Barbaree, President & CEO of Newcleus. “We are looking to constantly enhance our ability to support our clients and industries and it starts with finding experienced talented advisors. This group has a long-proven track record while working at Pentegra and we are excited that our systems, strategies and back-office team will only help them to enhance the level of support and opportunities for their clients.”
D’Uva, Regional Managing Director for Newcleus Bank Advisors, brings more than 20 years of industry expertise as a non-qualified benefit and BOLI consultant and a director of…
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