NEW YORK, March 22, 2013 /PRNewswire/ -- National Financial Partners Corp. (NYSE: NFP), a leading provider of benefits, insurance and wealth management services, today announced the launch of NFP HR Services, its human resources (HR) consulting practice. A fee-based, project-driven division within the NFP Corporate Client Group, NFP HR Services provides NFP advisors with access to HR consulting professionals and information systems expertise. NFP HR Services assesses and recommends workforce practices, policies and technology so advisors can deliver customized, cost-effective and adaptable HR solutions that meet NFP clients' needs.
Commenting on today's announcement, Ed O'Malley, president of NFP Corporate Client Group, said, "NFP HR Services develops strategies and processes that enable employees to perform their jobs successfully so that employers can retain the talent in which they've invested. NFP HR Services also helps implement and support the action plans we design to meet our clients' objectives, while keeping people, process and technology at the forefront. We're redefining service by combining cutting-edge HR solutions with solid guidance and smart, energetic people who understand the evolving needs of our employer clients."
NFP's national employee benefits practice provides a broad suite of products and services, including an extensive Benefits Compliance team, actuarial services, HR services, benefits administration, and communication and analysis tools, that enables NFP benefits professionals to fully support clients. NFP's benefits professionals combine their knowledge and expertise with these resources to deliver comprehensive solutions to every client.
About NFP National Financial Partners Corp. (NYSE: NFP), and its benefits, insurance and wealth management businesses provide diversified advisory and brokerage services to companies and high net worth individuals, partnering with them to preserve their assets and prosper over the long term. NFP advisors provide innovative and comprehensive solutions, backed by NFP's national scale and resources. NFP operates in three business segments. The Corporate Client Group provides corporate and executive benefits, retirement plans and property and casualty insurance. The Individual Client Group includes retail and wholesale life insurance brokerage and wealth management advisory services. The Advisor Services Group serves independent financial advisors by offering broker-dealer and asset management products and services. Most recently NFP was ranked eighth on Business Insurance's 100 Largest Brokers of U.S. Business; second on Business Insurance's Largest Agents and Brokers Headquartered in the U.S. Northeast; as the ninth Top Global Insurance Broker by Best's Review; operated the third largest Executive Benefits Provider of nonqualified deferred compensation plans by total clients as ranked by PlanSponsor; operated a top ten Independent Broker Dealer as ranked by Investment Advisor; had three advisors ranked in Barron's Top 100 Independent Financial Advisors and is a leading independent life insurance distributor according to many top-tier carriers. For more information, visit www.nfp.com.
SOURCE National Financial Partners Corp.