Jefferson National Financial Corp. (JNFC) will invest $4 million to move its headquarters from New York to Louisville, KY, and create 95 jobs with an average annual salary over $85,000, according to Gov. Steve Beshear.
The project also involves expanding (or relocating) the firm’s current 14,000-sq.-ft. facility located in Louisville’s eastern Jefferson County into 30,000 square feet of space.
JNFC serves more than 43,000 U.S. customers with financial products and services offered via a nationwide network of 1,600 advisers. Currently it employs 55 associates at its Louisville facility.
The Kentucky Economic Development Finance Authority preliminarily approved the company for performance-based tax incentives of up to $2 million.
“[JNFC’s] proprietary technology and unique distribution model have positioned them as a leader in the fast-changing financial services industry,” noted Daryl Snyder, VP of economic development at Greater Louisville Inc. “We’re delighted they see Louisville as the right location to attract the talent they need as they grow their corporate headquarters.”
