FOR IMMEDIATE RELEASE Contact: Katherine Knight
March 4, 2019 (703) 641-8142
Washington, D.C. – AALU today announced that it has doubled the size of its membership of entrepreneurial financial security professionals. Now more than 4,000 members strong, this is the most significant membership development in AALU’s history.
Accomplished through a new membership category, Enterprise Membership, this is a tremendous step forward in executing the new strategic plan developed by the AALU leadership team in collaboration with the organization’s Board of Directors. Enterprise membership is designed to engage every licensed professional and their supporting team members from every firm. M Financial is the first to adopt Enterprise Membership with AALU.
“When we grow the number of engaged financial security professionals across the life insurance distribution community, we will create a stronger organization that can produce better public policy outcomes,” said AALU CEO Marc Cadin. “Today’s announcement is a key step toward ensuring the reputation of the profession better reflects our noble purpose to enhance the financial security of families and businesses and to help more Americans to live well in retirement. I’m deeply grateful for the leadership and vision of David Byers and M Financial’s CEO Wes Thompson and for the commitment of M’s Board of Directors.”
“After tax reform in 2017, we concluded that M Financial needed to be more assertive in protecting those we serve,” said M Financial CEO Wes Thompson. “AALU is the most effective advocate for the professionals who deliver life insurance planning solutions to families and businesses nationwide. A stronger partnership with AALU through Enterprise Membership was a clear choice to deliver for our firms and their clients.”
In addition to today’s announcement, AALU plans to continue broadening the adoption of Enterprise Membership with additional distribution networks.
Cadin continued, “Enterprise membership is only one step. Our goal is to bring together the career system, the independent brokerage channel, and other producer groups to create an advocacy force capable of positively impacting the trajectory of the entire financial security profession. The ultimate goal of all of this is to create a stronger distribution force that will enhance the financial and retirement security of the American people.”
Through its new strategic mission and vision, AALU is building a bigger and stronger organization to:
Since 1957, AALU has been the leading organization of financial professionals who provide life insurance and retirement planning solutions for individuals, families, and businesses. AALU has a rich history of success with a single focus on the issues impacting life and annuity products, and the clients its members serve. Headquartered in Washington, D.C., AALU is committed to providing its members with the essential tools and services required to help grow their businesses, serve their clients, and protect the financial and retirement security of the American people..
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