Jerry Reen was the founding principal of Financial Solutions Partners in late 2002. He has been involved in all aspects of the firm’s development since it’s founding in 2002 and leads the strategic direction of the firm and oversees all investment, stable value wrap and implementation functions. The firm is dedicated to life insurance solutions applied to benefits, especially in the context of BOLI and COLI.

Prior to founding FSP, Mr. Reen was President of Winklevoss LLC, where he led the BOLI team for seven years. He traded structured mortgage products at Morgan Stanley from 1990 through 1993. Mr. Reen received his undergraduate degree from Princeton University and his MBA in Finance from Columbia Business School between his years at Morgan Stanley and Winklevoss.

Mr. Reen has been the creative force behind significant innovations in the BOLI marketplace since 1997, especially in the structuring of superior asset strategies, contractual cost guarantees and carrier representations and warranties. Mr. Reen has negotiated directly with major carriers to construct policies that reflect these innovations.

Mr. Reen’s BOLI experience covers needs analysis, insurable interest determination, financial analysis and OCC 2002-23 and more recently OCC 2004-56, compliance consulting to the client prior to the client’s decision to purchase. Mr. Reen has been responsible for the implementation, including negotiation on the client’s behalf prior to final funding, the coordination of employee census and employee consents.

Prior to FSP, Mr. Fehlhaber was with Wells Fargo & Co for 23 years in various senior finance roles, reporting directly to the Chief Financial Officer. Mr. Fehlhaber’s duties included treasury, investments, derivatives, product development, company-wide ALCO, transfer pricing, profit planning, and short term earnings forecasting, and M&A. Mr. Fehlhaber was most recently the Senior Vice President in charge of the company’s Strategic Investments, and prior to that he was Senior Vice President and Treasurer of Wells Fargo & Co.

Mr. Fehlhaber implemented a significant-size separate account BOLI in 1999. In 2000, Mr. Fehlhaber renegotiated, with external advice, two existing significant-size separate account BOLIs. In 2000, Mr. Fehlhaber exchanged a sizable block of several general account BOLIs into a single separate account under IRC Section 1035. Mr. Fehlhaber was directly responsible for the analysis of financial, accounting, capital and regulatory impacts, coordination with human resources and tax, engagement of the external advisor, and the ultimate BOLI purchase decision. Mr. Fehlhaber, through one of his departments, was also responsible for the ongoing accounting and reconciliation of the BOLI programs. Mr. Fehlhaber’s significant experience as a purchaser of BOLI has been exclusively in the bank market. Mr. Reen served as the external advisor to Mr. Fehlhaber on these transactions.

Mr. Fehlhaber graduated from Michigan State University with a B.Sc. in Mathematics, with High Honors. He was a four-year National Merit Scholar. Mr. Fehlhaber also holds a M.A. in Mathematics and an M.B.A. in Finance, both from the University of California, Berkeley. He was a five-year recipient of a National Science Foundation Fellowship in Mathematics.

Ken Nguyen is Managing Director of Fixed Income Strategies and Analysis. He joined Financial Solutions Partners in 2005.

Mr. Nguyen began his career with Morgan Stanley Dean Witter in 1996 in the tax-exempt municipal funds area. He later spent 2 years with Bankers Trust. In 1999, he joined the Dreyfus Corporation fixed income group. He spent 2 years heading the risk and analytics for the taxable fixed income desk. He was responsible for relative value analysis, hedging, modeling, return attribution as well as other quantitative projects for the team. In 2002, he became an intermediate portfolio manager for the taxable fixed income team that managed $8 billion across 40 mutual funds and separate accounts. He has experience in managing short-duration funds, high yield funds, and mortgage-dedicated funds.

At FSP, Ken is responsible for reviewing investment performance of the mortgage funds, product structuring, as well as providing detailed monthly analysis performance with respect to volatility, convexity, yield curve, spreads, and other market dynamics.

Mr. Nguyen attended Seton Hall University and graduated with an accounting degree. He later obtained an MBA from Montclair State University with a Finance/Economic concentration. He has a total of 11 years of experience in the financial services industry.

Jeff Lee

Jeff Lee is Managing Director of Client Services. He joined Financial Solutions Partners in 2006.

Mr. Lee had been Co-founder and Vice President at Finaplex, Inc., a portfolio management software firm focused on performance measurement, portfolio accounting, and investment management for large banks and brokerages to service their high net worth clients, since 2000. He was CFO for the first three years of the startup and later held positions running Product Management, Product Development and Professional Services.

Mr. Lee also had a 10 year career with Wells Fargo where his last position from 1997 to 2000 was as Senior Vice President, Asset/Liability manager, responsible for firm-wide interest rate risk management. He also had responsibility for market risk across all of the trading desks in the firm and his team developed Value-at-Risk models for FX trading, Derivatives trading, Investment Portfolio and High Yield Portfolio. Mr. Lee acted as the primary representative for the Bank to the OCC, Federal Reserve and KPMG in the areas of market risk, interest rate risk and derivatives policy.

Mr. Lee’s experience also covers an extensive background in the mortgage banking industry with positions at Wells Fargo in its Secondary Marketing department and Countrywide Funding Corporation in its Strategic and Financial Planning department.

Mr. Lee received his B.S. in Mathematics from the University of Alberta, and an M.B.A. in Finance from University of Oregon where he was awarded the Oregon Honors and Chiles scholarships.

Don Shelden

Don Shelden joined FSP as a BOLI Marketing Consultant in 2006.

Mr. Shelden has sold specialized life insurance products and pension asset and liability services to large corporate employers for over 30 years. Mr. Shelden was a co-founder and principal of the Gunderson Group Inc. in Westport, Connecticut where he provided consulting and management services with respect to proprietary tax and financial strategies for large U.S. corporations since 1996. Mr. Shelden consulted as a managing director at Clark Consulting, Executive Benefits Practice from 1999 to 2004. Mr. Shelden co-founded Winklevoss Consultants in 1987 where he served as senior vice president until 1996.

From 1985 to 1987 he was senior vice president of marketing for Buck Consultants where he sold pension asset and liability stochastic modeling consulting services to major corporate plan sponsors.

Mr. Shelden was vice president, life and pension marketing at Johnson & Higgins in San Francisco where he sold pension asset and liability stochastic modeling studies to major corporate plan sponsors. From 1977 to 1982, Mr. Shelden was a sales representative of Mutual of New York and Connecticut Mutual Life.