Ambassador Financial Group, Inc., The Galbreath Group Announce Partnership to Provide Bank Owned Life Insurance Capabilities and Compensation Services


ALLENTOWN, PA and ABINGTON, PA--(Marketwired - Nov 24, 2014) - Ambassador Financial Group, Inc., a FINRA licensed broker-dealer and financial services provider to financial institutions nationwide, and The Galbreath Group, a leading provider of Bank Owned Life Insurance and benefit solutions to financial institutions, announced they have established a strategic partnership to further expand each firm's suite of bank-related service and advisory capabilities.

Matthew Resch, Managing Principal and Co-Founder of Ambassador, stated: "Since our firm's inception, we have been assisting our financial institution clients to holistically manage their balance sheets. Our riskless principal broker-dealer fixed income model minimizes inherent conflicts of interest, as we do not underwrite securities. This allows us to place the needs of our clients first.

"We are now leveraging our successful balance sheet management business model to include Bank Owned Life Insurance (BOLI) to provide greater value to our banking clients. All BOLI products and advisors are not the same, yet well-structured BOLI programs can be a tremendous driver of value. Finding the right solutions can be a difficult and frustrating endeavor for many financial institutions. We are excited to establish this partnership with The Galbreath Group, which shares our philosophy of transparency, thoughtful consultations, attention to each client's specific needs, and a total commitment to the client's best interests. We also look forward to lending our support and experience to The Galbreath Group, and to being considered for the services and advisement we offer."

Rob Galbreath, President and Founder of The Galbreath Group, said: "It has often been particularly challenging for community banks, which represent a key segment of Ambassador's focus, to find the high level of insurance and compensation related service and solutions available to the largest institutions. We believe this partnership will offer a wide range of banks access to customized, leading edge capabilities in this important area. It should also serve to augment and expand the service and offerings we can provide our clients, increasing the value-added experience we expect to bring to them."

The Galbreath Group, headquartered in Abington, PA, offers financial institutions design, implementation, and administration of BOLI plans, analysis of current BOLI plans, strategic planning and compliance analysis, and design, implementation and administration of non-qualified deferred compensation plans.

Ambassador Financial Group, a FINRA registered broker-dealer, headquartered in Allentown, PA, provides balance sheet management, investment banking, and capital markets services to community banks and thrifts nationwide.

Contact Information:

Contacts:

Rob Galbreath
President
The Galbreath Group
215.885.4300

Robert Pachence
Managing Principal, Co-Founder
Ambassador Financial Group, Inc.
610.351.1633