Parimal Naik- Cofounder/CEO
Parimal Naik is a cofounder of Financial Education Services. He is responsible for the
strategic planning of the IT systems and databases behind the services offered through Financial
Education Services. Naik is highly involved in seeking out innovative ideas and developing new
products for the customers and Independent Representatives of FES, as well as building substantial
business relationships to enhance the growth of the company.
Naik earned a Masters in Computer Science and implemented his expertise by managing the technology
and information systems in his previous positions. His accomplishments of redesign and implementation
began at development and were carried through the installation, engineering, training, administration
and management of each project. He is known for keeping up with the rapid changing business environment.
Mike Toloff- Cofounder/President
Mike Toloff is a cofounder of Financial Education Services. He is responsible for the daily management
and operations of the company; developing and directing a results oriented system, which contributes to
the consistent improvement and success of the organization. Toloff controls the financial compliance
regulations and meeting the legal and ethical standards set by the company.
Prior to the creation of FES, Toloff held several senior executive positions where he focused on the
improvement of business efficiency and building an effective team. He established strong vendor
relationships, increased credit lines, and successfully realigned crucial departments within several
organizations. He continues to implement a systematic approach to secure quality results within the