Board of Directors

Nick Paleocrassas

Treasurer
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Nick is a Senior Manager at CAPTRUST Financial Advisors, one of the top investment advisory firms in the nation with over $250 billion in assets under advisement. He specializes in financing strategies for Nonqualified Deferred Compensation Plans and has been in the Nonqualified Executive Benefit industry for 22 years.

Nick started his professional career working for a small local Nonqualified Plan record keeping firm where he contributed to the growth and sale of the organization to the Principal Financial Group, a Fortune 500 company. He continued his professional development with the Principal for 10 years before he joined CAPTRUST in April of 2010. At CAPTRUST, Nick offers centralized consulting support to the national advisor force and their institutional clients in areas such as benefit design, liability financing, vendor benchmarking, investment lineup analysis and participant education.

Nick spent 10 years of his childhood living in Athens, Greece where he attended Greek public school in grades 3 through 9 and then attended grades 10 through 12 at a private American high school. During his 10 years in Greece he was a competitive swimmer at a local swim club where he still owns club records in the 50m, 100m and 200m freestyle events. He is a 3-time Greek National champion in the 50m freestyle (89, 90 & 92) and a 2-time runner up in the 100m freestyle (89 & 91). In 1992, Nick broke the Greek National record in the 50m freestyle and represented Greece in the Barcelona, Spain 1992 Olympics.

In 1991, Nick received his Bachelor of Arts in Business Administration from North Carolina State University. While at NC State he was a two-time All American as a swimmer and was team captain his senior year. In 1996 Nick earned his MBA in Business Administration from Southern Illinois University and in 2015 he received his Chartered Life Underwriter (CLU®) designation from The American College.

Nick is a passionate sports fan supporting the NC State Wolfpack in all sports as well as the Minnesota Vikings and Carolina Hurricanes.

Nick lives in Raleigh, is married and has two daughters and a son.

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