LOCATION: 626 E. Wisconsin Ave., Suite 1000, Milwaukee, WI 53202
YEAR FOUNDED: 2001
PRODUCT OR SERVICE OFFERED: Design, administration and financing of nonqualified executive benefit programs as well as the procurement of bank and corporate owned life insurance.
PROJECTED 2009 REVENUE: $25 million
CEO, PRESIDENT/OWNER(S): David Fritz, managing partner;
Patrick Marget, managing partner
TARGET CLIENTELE: Profitable private and public companies and community banks throughout the country.
BUSINESS ORGANIZATION MEMBERSHIPS: Wisconsin Bankers Association, Community Bankers of Wisconsin, MMAC, Society of Financial Services Professionals, Association of Advanced Life Underwritiers, various state banking associations
WHAT HAS FUELED YOUR COMPANY’S GROWTH?
Our superior financial products coupled with high touch service has provided our market advantage. We have also expanded our footprint by opening up additional sales offices throughout the country.
WHAT IS THE BIGGEST OBSTACLE TO YOUR COMPANY’S GROWTH?
Future legislative changes at the national, state and banking regulatory level are threats to our growth.
DO YOU PLAN ANY CHANGES IN YOUR COMPANY IN THE UPCOMING MONTHS?
We do not have any major changes planned. Will adapt to where market opportunities present themselves.
WHO ARE THE BUSINESS PEOPLE, LOCALLY OR NATIONALLY, WHOM YOU ADMIRE? AND WHAT TRAITS DO THOSE PEOPLE EXHIBIT THAT MAKE YOU ADMIRE THEM?
Ed Zore, CEO of Northwestern Mutual. Ed and his leadership team put Northwestern Mutual in a perfect position to weather the recent financial crisis and to allow the major ratings agencies to reaffirm all their top ratings. In addition, under Zore’s leadership, the company has stuck to its core products and strengths that have dominated the culture for over 152 years.
WHAT IS THE OUTLOOK FOR THE BUSINESS CONDITIONS OF YOUR INDUSTRY OVER THE NEXT SEVERAL MONTHS?
Our outlook of the business conditions is stable to improving barring any major legislative changes.
WHAT IS YOUR COMPANY’S KEY STRATEGY FOR RISING OUT OF THE RECESSION?
Hard work and sticking to our core competencies: providing superior financial products and solutions coupled with high touch service.