Balser News

Balser to be acquired by New York Financial Leader.

December 21, 2006 - Balser Companies has announced that it reached a definitive agreement to be acquired by National Financial Partners Corp. (NYSE: NFP), a national network of 170 independent firms, specializing in corporate and executive benefits, life insurance, wealth management, and financial planning. Balser's leadership team welcomes the opportunity to work within an expanded network of professionals equally concerned with current employee benefit issues affecting some of the world's largest companies.

Details of the acquisition are available at www.NFP.com

Most importantly, our clients will experience no interruption of services or changes as we become a part of NFP. A trusted advisor, reliable administrator, insurance broker and broker-dealer, Balser partners with other firms to assist their clients in corporate Finance, HR and Benefits to deliver cutting-edge retirement and insurance solutions.

Balser & NFP Design Deal

“We are excited to announce an acquisition with the significant scale and market presence of Balser. Through this transaction, NFP enhances its executive benefits business, potential growth opportunities, and future recurring revenues,” said Jessica Bibliowicz, Chairman and Chief Executive Officer.

Co-Chairs of Balser Companies, Ron and Barbara Balser, hailed the combination of NFP and Balser as well suited for the long term outlook for their organization's exceptional client-focused service and its enthusiasm for cutting-edge benefit design. Fred Hill, William Folan and Richard Wehmeier are producing managing directors of the firm.

Ron Richard, VP & Director, Marketing & Communications, +1 404.504.3809

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