For Higher Education
Higher Education faces increasing challenges from admissions, tuition debt, pressure from alumni, and in attracting the best and the brightest to lead the institution. From the Office of the President and Provost, to the star researcher, to the elite sports coach, attracting talent to achieve goals challenges the institution to grow beyond its walls. Efficient operations depend on the board, executive leadership, and faculty working in concert to deliver educational outcomes. Your financial model must be prudent to educate future generations. All this adds up to scarcity in the market for leadership talent.
Meeting the Challenge
Custom | Innovative | Focused
Modern higher education aligns compensation, retention, and retirement with mission and financial stewardship to create meaningful and appropriate supplemental benefits. By beginning with your core values Stearns Financial learns, analyses, educates, presents, implements, and supports solutions tailored to your credit union and executives.
The challenge of developing custom leadership retention and transition in a succession plan is met with incentives at critical career timeline points. Innovative designs are required to align with growth and mission.
Serving your community for generations requires innovative capital growth focused on mission and intent. Our focus on your retention, reward, and yield allows you to focus on what is important to your members.
Each plan is individually driven by your institution’s mission, vision, goals, and intent and therefore unique to each employer and plan participant. Our plans are different because we view process as the driving force to achieve an effective design without limiting to one particular plan design, product, or type of plan. We are the foremost experts in SERP design, compliance, implementation, and administration with over 25 years leading executive benefits for the credit union movement. Put our expertise to work driving yield, supplementing retirement, and optimizing retention and succession.
- Executive benefits consistent with organizational values on 990 forms & call reports
- Leader and originator in compliance and due diligence for over 25 years
- Maximum efficiency through investment minimization and tax optimization
- Turn expenses into assets and drive increased investment yield
- Optimize yield income, capital, cash flow, and mind-share so you can focus on mission, students, alumni, and the community you serve.