Benjamin M Kapusta

Employer firm

Hornor, Townsend & Kent, LLC CRD 4031

$9.01B regulatory AUM

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 01/2015 → 03/2025
  Northwestern Mutual Life Insurance Company
  Milwaukee, WI
• 02/2015 → 11/2020
  Northwestern Mutual Investment Services Llc
  E Syracuse, NY
• 11/2020 → 03/2025
  Northwestern Mutual Investment Services Llc
  Boca Raton, FL
• 11/2020 → 03/2025
  Northwestern Mutual Wealth Management Company
  Milwaukee, WI
• 03/2025 → Present
  Hornor, Townsend & Kent, Llc
  Wilmington, DE

Other Businesses

1) INSURANCE BROKERAGE | INVESTMENT RELATED: YES | DBA NAME: BK CAPITAL ADVISORS, BLUESHIELD WEALTH MANAGEMENT, LEGATUS WEALTH MANAGEMENT | POSITION HELD: AGENT | ADDRESS: 5491 N UNIVERSITY DR, #104A, CORAL SPRINGS, FL 33067 | START DATE: 03/28/2025 | NATURE OF ACTIVITY: INSURANCE BROKERAGE | APPROX HRS PER MTH: 160 | APPROX TRADING HRS PER MTH: 160 | DESCRIPTION OF DUTIES: INSURANCE SALES AND SERVICE INCLUDING PENN MUTUAL LIFE PRODUCTS 2) BUSINESS PLANNING & CONSULTING| INVESTMENT RELATED: NO | DBA NAME: BK CAPITAL ADVISORS, BLUESHIELD WEALTH MANAGEMENT, LEGATUS WEALTH MANAGEMENT | POSITION HELD: OWNER | ADDRESS: 5491 N UNIVERSITY DR, #104A, CORAL SPRINGS, FL 33067| START DATE: 03/28/2025 | NATURE OF ACTIVITY: BUSIENSS PLANNING &A CONSULTING; PUBLIC SPEAKING ENGAGEMENTS| APPROX HRS PER MTH: 10 | APPROX TRADING HRS PER MTH: 10 | DESCRIPTION OF DUTIES: CONDUCT BUSINESS RISK ANALYSIS, VALUATION AND PLANNING; PUBLIC SPEAKING ENGAGEMENTS 3) PENSION PLAN ANALYSIS & CONSULTATION | POSITION: Officer | NATURE: Police & Fire pension plan analysis and consultation | INVESTMENT RELATED: No NUMBER OF HOURS: 20 SECURITIES TRADING HOURS: 5 START DATE: 06/01/2026 | ADDRESS: 5491 N University Dr, #104A, Coral Springs FL 33067 | DESCRIPTION: BK Capital Advisors advises municipal police and fire pension plans with specialized, practical solutions that strengthen funding, manage liability risk, and protect retirement benefits for first responders -- now with dedicated audit and analysis services to ensure accuracy, compliance, and actionable insight. What we do for police & fire pension plans: Plan diagnostics & actuarial review: independent assessment of actuarial assumptions, funding status, amortization methods, and sensitivity to demographic and salary changes. Audit & forensic analysis: independent financial and actuarial audits, accounting reconciliation, benefit-payment verification, internal-control reviews, and identification of data or calculation errors affecting funded status and reporting. Funding strategy & contribution planning: recommend sustainable contribution schedules, prefunding approaches, and smoothing techniques that balance taxpayer affordability with benefit security. Investment policy & asset-liability alignment: develop investment policies tailored to pension cash flows and liability profiles; implement liability-driven investing, diversification into private markets and real assets, and glidepaths to reduce funded-status volatility. Risk management & de-risking solutions: evaluate annuity buyouts, longevity hedges, partial buyouts, and customized hedging to mitigate longevity and interest-rate risks. Benefit design, COLA & policy modeling: quantify long-term impacts of benefit changes, COLA structures, hybrid designs, and early-retirement options with clear tradeoffs. Cash-flow & liquidity planning: project near-term cash needs, optimize liquidity buffers, and coordinate contribution timing with municipal budgets. Implementation & ongoing monitoring: coordinate actuaries, counsel, custodians and managers; oversee execution, remediate audit findings, and deliver regular monitoring reports tied to plan objectives. Outcome: Combining deep pension expertise with rigorous audit and analytic capabilities, we deliver defensible valuations, cleaner financials, stronger funding strategies, and practical investment and de-risking solutions that protect benefits and create sustainable paths for sponsors and communities.

Exams

• S66 Uniform Combined State Law Examination
  2025-02-14
• S63 Uniform Securities Agent State Law Examination
  2015-08-05

Other Names

• Ben Kapusta