AALU/GAMA Foundation Joins Efforts To Create New Organization And Expand Its Research-based Solutions

Falls Church, VA (August 13, 2019) – The GAMA Foundation for Education and Research is joining GAMA International and the Association for Advanced Life Underwriting (AALU) in their effort to create a new and unified organization that represents the financial security profession. GAMA International and AALU announced their intent to merge on July 29, 2019, and the GAMA Foundation will be aligning its brand and messaging with the new organization.

“The GAMA Foundation is essential to the work we do and the tools we provide for our members,” said Bonnie Godsman, CEO of GAMA International. “The opportunity to come together with AALU will accelerate our ability to drive growth and greater value for our members, with the Foundation being a key pillar to the new organization’s success. Together we can elevate the profession and put more people on a path to financial security.”

“This is a moment the profession has needed for a long time,” said Marc Cadin, president and CEO of AALU. “AALU is excited to be joining GAMA and all it has to offer to create this new organization, with the research and education of the GAMA Foundation being such a critical component. We look forward to addressing some of the challenges the profession faces and working together to secure its future for generations to come.”

The new organization will build upon the best of both organizations to elevate and promote the profession. The founding principles guiding the new organization are: 1) best-in-class advocacy, 2) leadership and professional development, and 3) elevating the financial security profession.

“The GAMA Foundation’s mission to sponsor research and produce educational resources is perfectly aligned with the founding principles of the new organization,” said Debra Grommons, CEO of the GAMA Foundation. “It makes sense for the GAMA Foundation to join this endeavor. We’re thrilled for the opportunity to expand our research and provide solutions to all financial security professionals, from field leaders to advisors, and to contribute to elevating this incredible profession.”