Lenox Wealth Advisors’ Richard Van Benschoten Named Officer of New Financial Security Association

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Lenox Wealth Advisors’ Richard Van Benschoten Named Officer of New Financial Security Association  

Van Benschoten, of Lenox Wealth Advisors, will serve as secretary-elect of the new organization created by AALU and GAMA International to unify the financial security profession; approved this month


WASHINGTON — AALU, the Association for Advanced Life Underwriting, and GAMA International announced today that Richard Van Benschoten, CEO of Lenox Wealth Advisors, will serve as secretary-elect of their inaugural Board of Directors. Van Benschoten joins the Board as the two groups form a new organization.

“Rick has been integral throughout this transitional period – serving on our joint task force and on AALU’s Board,” said Marc Cadin, president and CEO of AALU and CEO of the new organization. “His advice and counsel, as well as his commitment to this profession, make him an excellent member of our new Board. We need to redefine the future of the financial security profession, and Rick is the leader to guide us in accomplishing this mission.”

“The thoughtful leadership Rick has shown throughout this chapter is undoubtedly a testament to what he will bring as an officer of the new organization,” said Bonnie Godsman, CEO of GAMA International and president of the new organization. “Rick brings decades of experience in the financial security profession and has an unwavering commitment to serving others. As we enter this exciting time, Rick’s expertise will help us better serve our members and the countless people they serve.”

Van Benschoten founded Lenox Wealth Advisors, based in New York, NY, in 1999, and has grown the company to unprecedented levels serving as CEO. He previously served on the executive committee of AALU’s Board of Directors and officially assumed the role of the new organization’s secretary-elect on Feb. 18, 2020.

“It is an honor to be a part of this historic movement in our profession,” said Van Benschoten. “This new organization is breaking new ground in the industry and changing the status quo for the better. I look forward to working together during this new chapter which will shape the future of the financial security profession for generations to come.”

AALU and GAMA International announced they will be joining to create a new organization on July 29, 2019. The new organization will be the first of its kind in the industry by bringing together advocacy, leadership and professional development, and seeking to elevate the profession. Together, the new organization will work to unify 345,000 financial security professionals. On Feb. 14, stakeholders officially approved the creation of the new organization and the new Board with an astounding 98 percent approval. The full list of officers and Directors can be found here.


About AALU

AALU, the Association for Advanced Life Underwriting, is 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.

About GAMA International

GAMA International is an independent national nonprofit organization 501(c) (6), founded more than 85 years ago. GAMA International is the only association dedicated to promoting the professional development needs and leadership skills of first-line and front-line leaders in the insurance, investment, and financial services industry.

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