March 21st, 2017- Newtown, Pennsylvania- BFS Group is pleased to announce that Kim Kent has joined the team as a Regional Managing Director to expand the firm's larger bank market distribution.
BFS Group Chairman & CEO, Bill Borchert, stated: "Kim brings over 18 years of financial services experience, and will add banking, asset management and insurance expertise to our firm. Kim has a proven track record working with banks to successfully manage and service their BOLI programs. She will bring tremendous value to BFS Group and to our bank clients. Her long-term dedication to the bank market aligns with BFS Group's core principles of putting our clients' needs first. For almost 20 years, our business has focused on improving the bottom-line of banks and bankers, and Kim will certainly help many banks and bankers across the country do just that."
Kim most recently worked at New York Life within the Bank Client Group. She was responsible for relationship management of Bank-Owned Life Insurance (BOLI) clients, including providing insurance carrier due diligence and portfolio review resources to satisfy the regulatory requirements of bank clients since 2009.
Prior to joining New York Life, Kim was an Institutional Client Relationship Manager at Goldman Sachs Asset Management, servicing BOLI relationships. Before working at Goldman, Kim worked within BNY Mellon's Strategic Solutions Group, where she was responsible for the BOLI and COLI programs, cross-border tax transactions and managed the bank's credit default swap portfolio. Kim has also worked at UBS Securities as a Credit Research Analyst and Deutsche Bank within Equity Research.
Kim has a Bachelor's Degree in Political Science from Villanova University and holds a Master's Degree from Fordham University in International Finance & Business. She currently sits on the Board of Alumni at Kent Place School, is a member of 85 Broads and acts as a Fordham University Women in Business Club speaker. Kim lives in New Jersey with her husband and two girls.
Kim commented: "I'm very excited to join the folks at BFS Group who share my vision of providing long-term solutions for their client base. They are committed to a service model which continues to innovate, much like my own. In my new role, I hope to work with banks on their BOLI programs to increase transparency, reduce inefficiencies and improve investment earnings. I look forward to the opportunity BFS Group has given me and to the next chapter of my career!"