NFP Subsidiary, Financial Architects Partners, Relocates CEO to Capitalize on Bay Area Growth

NEW YORK - September 10, 2015 - Financial Architects Partners (FAP), a Boston-based national life insurance planning firm and NFP subsidiary, announced that Chief Executive Officer David Carroll and two associates from Boston are moving to the Palo Alto, CA office to support ongoing growth in the Bay Area.
Carroll has 20 years of experience advising high net worth families on estate planning and generational wealth transfer strategies. His expertise and leadership will be instrumental in supporting FAP's expanding West Coast presence. Carroll will relocate with his family and continue his role as CEO of FAP, co-managing the firm with FAP President, Dave Freeley. Day-to-day operations will be managed from the Boston headquarters where Freeley and seven of the nine Managing Partners will remain.
Freeley said, "We will miss David here in the Boston office, but we are excited by the growth FAP has experienced in California. David's presence and passion for building infrastructure will have an immediate and meaningful impact on both our Palo Alto and Los Angeles offices."
Also commenting on FAP's recent growth, CEO of NFP, Douglas W. Hammond, said, "It is clear FAP's experience helping families with complex life insurance and estate planning matters has proven to be a real asset to the vibrant and creative business community in California. We wish David and his team additional success in the Bay Area and beyond. "
The FAP office has also moved to a larger space at 260 Sheridan Avenue, Palo Alto, CA.

About Financial Architects Partners

The Financial Architects Partners, LLC, a subsidiary of NFP, is a 35 person national life insurance planning firm with offices in Boston, Los Angeles, Minneapolis, Palm Beach, Palo Alto and Providence. Financial Architects Partners manages over $10 billion of trust-owned life insurance for over 300 family groups as of July 1, 2014. Our team consists of individuals with backgrounds in law, tax, finance and life insurance. We specialize in wealth transfer life insurance and the design, implementation and management of large life insurance portfolios.

About NFP

At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client's goals. We are a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement, and individual insurance and wealth management solutions. Our registered investment adviser and broker-dealer empowers independent financial advisors with integrated technology, subject matter expertise and a suite of customized services.
NFP has more than 3,600 employees and global capabilities. Our expansive reach gives us access to the most highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We have become one of the largest
insurance brokerage, consulting and wealth management firms by building enduring relationships with our
clients and helping them realize their goals.
Recently NFP was ranked by Business Insurance as the 5th largest global benefits broker by revenue, the 4th largest US-based privately owned broker and the 11th largest broker of US business. In addition, PlanSponsor named us the 5th largest executive benefits provider of nonqualified deferred compensation
by number of plans, and we were ranked 11th in personal lines P&C revenue by Insurance Journal. Our independent broker-dealer ranked 10th in annual revenue by Investment Advisor, and Rep ranked it the
6th highest in advisor production by assets under management.
For more information, visit www.nfp.com.

CONTACT INFORMATION:

Financial Architects Partners, LLC Kara MacDonald
Director, Sales & Marketing Operations
617-259-1900 ext. 91942 kmacdonald@fiarch.com

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