SOURCE: The Galbreath Group

The Galbreath Group Valued Resource and Trusted Advisor

January 11, 2016 16:02 ET

Jonathan Barnes Joins The Galbreath Group as Director, Executive Benefits

ABINGTON, PA--(Marketwired - January 11, 2016) - The Galbreath Group, a leading advisor to financial institutions on executive benefits and Bank Owned Life Insurance (BOLI) and BOLI portfolio management, is pleased to announce that Jonathan Barnes has joined the firm as Director, Executive Benefits.

Jonathan has been in the financial industry for 13 years most recently working as a Senior Client Relationship Manager with The Pangburn Group for the last seven years. The Pangburn Group is a strategic partner of The Galbreath Group supporting the reporting, administration, accounting and compliance associated with Non-Qualified Deferred Compensation (NQDC) and Bank-Owned Life Insurance (BOLI) programs. There, Jonathan consulted on the development of NQDC plan designs and investment strategies for financial institutions looking to purchase BOLI while seeking to diversify their existing portfolio. Jonathan also actively managed the client relationship that included tax, accounting, and regulatory support to over 600 banks, credit unions, insurance companies, and other financial institutions across the country.

Jonathan is a 2002 graduate of Louisiana State University with a Bachelor of Science degree in Finance. Prior to joining The Pangburn Group, Jonathan worked as an Account Manager for Sallie Mae. He is active in the New Roads, LA, community where he lives with his wife, Haley, and five year old son, Evan. He serves on the Board of Directors of False River Golf and Country Club where he also enjoys his passion of playing golf.

Rob Galbreath, President and Founder of The Galbreath Group stated, "Jonathan brings unrivaled experience in the BOLI Industry and has worked with financial institutions in all 50 states with their Nonqualified Deferred Compensation Plans and Bank Owned Life Insurance investment programs and needs. We are very happy to have him as a part of our team going forward providing invaluable insight and experience in the ind ustry." Mike Resch, Managing Director, added, "Jonathan's expertise in the area of executive benefits not only complements, but substantially increases the value we deliver to our financial institution partners as we become a more holistic resource for them. His customer first approach aligns perfectly with our business philosophy of long-term relationships focused on always doing what is right for the client."

The Galbreath Group, headquartered in Abington, PA, advises financial institutions and corporations on BOLI and BOLI portfolio management; design, implementation, and administration of BOLI and COLI plans; analysis of current BOLI and COLI plans; strategic planning and compliance analysis; and design, implementation, and administration of executive benefits and non-qualified deferred compensation plans.

Contact Information

  • Contacts:

    Rob Galbreath
    The Galbreath Group

    William Galbreath
    Chief Operating Officer
    The Galbreath Group

    Mike Resch
    Managing Director
    The Galbreath Group