PRB Administrators NY



         Leadership in Pension Services

 

 


 


Company Profile

PRB Administrators originated in Los Angeles. The New York office opened in 1981. Since then we have undergone many changes, but our philosophy and mission have not changed. We continue to strive for the highest degree of client satisfaction by offering professional and timely services.

PRB Administrators NY consists of a professional staff of consultants and benefits practitioners with many years of experience in the retirement plans industry. Our astute professionals can assist with the development of the most appropriate plan, a transition from a current provider, and we can address your administration needs.

PRB Administrators NY takes the confusion out of plan administration duties and decision making by providing our clients with the consulting and technical experience they need. We are committed to maintaining effective state-of-the-art computer systems. We employ administrative procedures that are designed to ensure that we provide efficient and high quality services.

Our Key People

Kevin M. Brown

Kevin M. Brown

The career of Kevin M. Brown has been marked from its beginning by extraordinary service to others, to his country and to his industry. Kevin served in the United States Air Force from 1967 to 1971 during the Vietnam Conflict with distinction. He subsequently enrolled in and graduated from Bernard Baruch College at the City University of New York with a BBA.

Following in the footsteps of his father, Charles T. Brown, a noted pension and insurance professional, Kevin started his career at PRB in 1978. Kevin quickly became a member of the management team as an Advanced Sales Specialist, then Comptroller and finally the Manager. Today he is the President of PRB Administrators NY and is also a partner at Price Raffel & Browne LLC.

On the volunteer side, Kevin is most active in charities centering within his home borough of Richmond County. He is currently the President of the Moravian Cemetery; a past member of the finance and administration committee of the Snug Harbor Cultural Center; past board member and treasurer of the Moravian Ministries Foundation, a board member of the Larger Life Foundation and Moravian Open Door, a half-way house located in Manhattan. He is a past board member and treasurer of the Camp Fire Council of Greater New York.

Kevin and his wife of forty years reside in Staten Island. They have two grown sons and two grandchildren.

Kevin is a registered representative of Ameritas Investment Corp., member FINRA/SIPC.


Fran Ferrante, ERPA, QPA

Fran Ferrante, ERPA, QPA

Fran Ferrante serves as Executive Vice President of PRB Administrators NY and is responsible for overseeing every aspect of qualified retirement plan administration from plan installation through plan termination. Fran has extensive technical expertise, and works directly with clients, accountants and attorneys to address the more complex issues affecting their clients. The depth of her experience and regulatory knowledge is prized by PRB affiliates and clients.

Fran started her career in pension administration in 1974, on the date that ERISA was enacted. She is a frequent speaker at meetings and seminars, and is a member of the American Society of Pension Professionals & Actuaries.

An Enrolled Retirement Plan Agent (ERPA) is a new category of practitioner who has earned the privilege of representing taxpayers before the IRS relating to retirement plan matters. Fran is among those who first received an ERPA designation.


Martin Shimmel, CLU, ChFC

Martin Shimmel, CLU, ChFC

Martin Shimmel, widely recognized as a leading financial services professional, is an Executive Vice President of PRB Administrators NY. He has worked on the development and sale of life and disability insurance programs, investment planning and employee benefits for individuals and businesses.

Since 1988, Martin’s focus is on design, installation and maintenance of qualified retirement plans. Martin serves as the liaison between our clients, the TPA, investment houses, and brokers.

Martin has a B.A. degree from Washington University in St. Louis, and an MBA from Columbia University with a concentration in Finance and International Business. He has been a featured speaker at conferences, training schools, and seminars and has appeared on CNN as an authoritative resource.

He is a registered representative of Ameritas Investment Corp., member FINRA/SPIC.


Frank Castrofilippo, QPA, QKA

Frank Castrofilippo, QPA, QKA

Frank Castrofilippo serves as the Manger and he oversees the day-to-day operation of our administration team as well as our participant service team. He excels in all aspects of plan design and administration. He also works directly with clients, brokers, and accountants to resolve issues or plan concerns. Frank’s career in the retirement plan industry began in 2001 and he has a thorough understanding of Defined Contribution and Defined Benefit Plans.

Frank graduated from CUNY, Brooklyn College with a B.S. in Mathematics, B.S. in Finance and a minor in Economics. He is also a member of the American Society of Pension Professionals & Actuaries.



Securities and investment advisory services are offered solely through Ameritas Investment Corp. (AIC). Member FINRA/SIPC.
AIC and PRB Administrators NY are not affiliated. Additional products and services may be available through
PRB Administrators NY that are not offered through AIC.

A Representative from PRB Administrators NY will contact you to provide requested information. Representatives of AIC do not
provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation.

This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your registered representative. Read it carefully before you invest or send money. Securities products are
limited to residents of NY, NJ, CT