Phillip Roy Financial Services

June 05, 2007 10:32 ET

Phillip Roy Financial Services Contracts Octagon

SARASOTA, FLA.--(Collegiate Presswire - June 5, 2007) - Phillip Roy Financial Services has finalized an exclusive marketing partnership with Octagon to promote groundbreaking, fundraising advancements in academia. The agreement provides this leading financial firm with a platform to advance the cause of higher education through its distinct ability to provide unique products and services.

"Since 1979 we have been providing comprehensive financial services to aid individuals and families," said Phillip Wasserman, Founder and C.E.O. "We are proud to team with Octagon to help endow the institutions that have educated our customers and their children."

The firm, in conjunction with the financial community's most respected creditors and insurance providers, has developed special lines of products enabling donors to leave legacies to the institutions they have spent lifetimes proudly supporting. Phillip Roy Financial Services is presently the only organization in the country offering fully financed life insurance products with the ability to endow the donor's alma mater at no cost to either concern. The program can be used by an institution's athletic department or schools of business, law, medicine or science to fund facilities, projects or scholarships.

"Our company has a rich philanthropic history and we believe this program can help supporters take legacy giving to unprecedented heights," stated Wasserman. "Universities need money to support valuable programs; it is our intention to educate alumni, already generous in their support, on how to leave millions of dollars at no cost to their alma mater or themselves.

The partnership is already paying dividends as the firm is currently negotiating with two major South Florida universities to implement the program. Both universities are seeking to raise funds to settle debt, endow scholarships, build new facilities and renovate existing ones. Administrators cite the need to expand fund raising, without incurring additional debt, as a means of maintaining a competitive advantage.

The company developed the program by researching and modifying life insurance legacy giving programs that have been utilized by churches for years. The company has over 500 affiliates around the country on stand by ready to educate regional institutions on how the program works. Institutions are encouraged to disseminate information, provided by Phillip Roy Financial Services, to interested donors. Qualified donors would sign up for the program and name the institution as the benefactor of the policy. The policy would be wholly owned by the university.

In an era when the consumer is in charge and the global marketing landscape is awash in a sea of parity services and solutions, Octagon stands apart. Octagon was recently ranked #1 in Corporate Consulting and Marketing Services and assists 500 blue chip corporations globally. Worldwide, Octagon manages more than 3,200 events and 800 athletes and personalities.

About Phillip Roy Financial Services

Phillip Roy Financial Services, LLC (PRFS) was founded in 1979 with the goal of providing the most comprehensive and personal financial service available. PRFS customers are provided unprecedented access to a highly educated and experienced team of certified senior financial advisors, CPAs, registered investment advisors, non-commissioned brokers and certified estate planners that can educate them to make prudent financial decisions. PRFS has become the #1 Retirement Income Planning firm in the nation with Florida offices located in Clearwater/Tampa, Sarasota, Naples, Boca Raton, North Palm Beach, Fort Lauderdale, and Orlando. For more information please visit: www.philliproyfinancial.com

About Octagon

Octagon is the world's largest sports and entertainment representation and marketing agency with global expertise in consulting, athletes & personalities, event management, property representation, marketing solutions, licensing and merchandising and talent procurement. As part of The Interpublic Group (NYSE:IPG), one of the world's leading organizations of advertising agencies and marketing services, Octagon employs more than 1,000 people in 60 offices around the world. For further information please visit: www.octagon.com.

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