IN THE NEWS

Congressional ConferenceCong. Martha McSally, Jim Bennett, Tracy Jones, Mike Klein & Patty Chesebrough

 

NAIFA 2Jim Bennett, Congresswoman Kysten Sinema, Patricia Chesebrough

NAIFACongresswoman Kyrsten Sinema and Seth Krasne

McSally 8-18-16 Left to right Seth Krasne, NAIFA-Arizona President Congresswoman McSally Chaz Elsten, NAIFA-Tucson President

Congressman Grijalva Left to right: Michael Sandoval, CLU, ChFC – NAIFA-Arizona Past President and current Treasurer. Staff Aide. Congressman Grijalva. Seth Krasne, LUTCF, CLTC, NAIFA-Arizona President

Carmelo Alvarez, ‘Hoot’ Gibson, Senator Jeff Flake, Michael KleinCarmelo Alvarez, ‘Hoot’ Gibson, Senator Jeff Flake, Michael Klein

Michael Klein, Congressman Matt Salmon, ‘Hoot’ Gibson

Michael Klein, Congressman Matt Salmon, ‘Hoot’ Gibson

 

‘Hoot’ Gibson, Michael Klein, Congresswoman Ann Kirkpatrick, Carmelo Alvarez

‘Hoot’ Gibson, Michael Klein, Congresswoman Ann Kirkpatrick, Carmelo Alvarez

20160224_132453_resized 20160224_124435_resized

NAIFA-Arizona Executive Committee Planning Retreat, Tubac, Arizona – February 2016

committeePlanning

Capitol Hill Day – January 27, 2016

20160127_125744_resized

IMG_2816

IMG_1385

IMG_1384

IMG_1382

IMG_1380

IMG_1379

20160127_120310

December 14, 2015

Connie Jo McAndrews, NAIFA-Tucson IFAPAC Chair. Michael Sandoval, CLU, ChFC, NAIFA-Arizona Immediate Past President, Congresswoman McSally, Seth Krasne, LUTCF, CLTC, NAIFA-Arizona President-Elect.

Connie Jo McAndrews, NAIFA-Tucson IFAPAC Chair. Michael Sandoval, CLU, ChFC, NAIFA-Arizona Immediate Past President, Congresswoman McSally, Seth Krasne, LUTCF, CLTC, NAIFA-Arizona President-Elect.

November 23, 2015

From left – Mike Low, NAIFA-Arizona lobbyist, Verl Naber, IFAPAC-Arizona Secretary/Treasurer, Senator John McCain and Jim Bennett, IFAPAC-Arizona Chair and NAIFA-Arizona National Committeeman.

From left – Mike Low, NAIFA-Arizona lobbyist, Verl Naber, IFAPAC-Arizona Secretary/Treasurer, Senator John McCain and Jim Bennett, IFAPAC-Arizona Chair and NAIFA-Arizona National Committeeman.

November 2, 2015

20151030_143718

From left: Jim Bennett, LUTCF, NAIFA-Arizona National Committee Chair Patricia Chesebrough, CAE, NAIFA-Arizona Executive Vice President U.S. Congresswoman Sinema ,Michael Klein, CFP, NAIFA-Arizona Political Involvement Chair, William Cassidy, CLU, ChFC, NAIFA-Phoenix IFAPAC Chair

October 15, 2015

Jim Bennett, LUTCF (left) NAIFA-Arizona National Committee Chair and IFAPAC Chair. U.S. Congresswoman Kyrsten Sinema William Cassidy, CLU, ChFC, NAIFA-Phoenix IFAPAC Chair

Jim Bennett, LUTCF (left) NAIFA-Arizona National Committee Chair and IFAPAC Chair, U.S. Congresswoman Kyrsten Sinema, William Cassidy, CLU, ChFC, NAIFA-Phoenix IFAPAC Chair

October 8, 2015

Click for full PDF

MassMutual-NAIFA-1   September 9, 2015 NAIFA-Arizona is pleased to announce that the 2014/15 Arizona Association of the Year was awarded to NAIFA-Scottsdale!  Barry A. Cook, CLU, ChFC, NAIFA-Scottsdale 2014/15 President, was presented the award during the NAIFA-Arizona ‘Area Leadership Conference’ on August 14, 2015.  This award is given to the local association, in Arizona, that has demonstrated overall achievement during the most recent association year!  Congratulations, Scottsdale! NAIFA-Arizona is also pleased to announce that the association that excelled in Community Service activity in 2014/15 was NAIFA-East Valley!  Lars Hansen, LUTCF accepted the award on behalf of Donna Kohlhase, CLU, ChFC, CASL, NAIFA-East Valley 2014/15 President, during the NAIFA-Arizona Area Leadership Conference on August 14, 2015. NAIFA-Arizona is proud to announce that NAIFA-Arizona, under the leadership of Michael A. Sandoval, CLU, ChFC, NAIFA-Arizona 2014/15 President, is the recipient of the highest level Platinum NAIFA National Jack E. Bobo Award of Excellence.  This award is based on the critical components identified as crucial to strengthening the NAIFA federation and increasing membership.  NAIFA-Arizona is one of only four states in the country to qualify for this Platinum Status.  This is the third year in succession! The award is named in honor of Jack E. Bobo, CLU, FLMI, who proudly served NAIFA as National President and Executive Vice President.  Jack Bobo, CLU is also recipient of the prestigious John Newton Russell Award.  Appropriately, the achievement award recognizes associations and their leaders who excel in all facets of association management including Advocacy, Governance, Membership, Programming and Professional Development. The Platinum category places NAIFA-Arizona in the position of having well exceeded expectations and having met/exceeded 100% of national goal. Please congratulate Mike Sandoval, 2014/15 NAIFA-Arizona President, for leading the association toward this important achievement this past year.   June 18, 2015

Far left, Dwight Loeffler, Past NAIFA-Arizona President and Patricia Chesebrough, NAIFA-Arizona Executive Vice President with, now, Governor Ducey.

Far left, Dwight Loeffler, Past NAIFA-Arizona President and Patricia Chesebrough, NAIFA-Arizona Executive Vice President with, now, Governor Ducey.

Jim Bennett, NAIFA-Arizona National Committee Chair, and Governor Ducey.

Jim Bennett, NAIFA-Arizona National Committee Chair, and Governor Ducey.

March 12, 2015

Kurt Larson and Seth Krasne meeting with Rep McSally

Kurt Larson and Seth Krasne meeting with Rep McSally

March 6, 2015 NAIFAAdvisorOfTheYear2014 November 24, 2014

CAE2014Click on the below for more info:

NAIFA_PCH_flyer

  November 17, 2014

Cong. Schweikert & NAIFA-AZ Members

Cong. Schweikert & NAIFA-AZ Members

John Brooking-Greeting Cong. Schweiker

John Brooking-Greeting Cong. Schweiker

Cong-Schweiker-on-stage

Cong. Schweiker on stage

October 17, 2014 Click here for the 2013-14 NAIFA Annual Report October 17, 2014 FOR IMMEDIATE RELEASE PATRICIA A. CHESEBROUGH RENEWS CERTIFIED ASSOCIATION EXECUTIVE (CAE) DESIGNATION Washington, D.C., October 16, Patricia A. Chesebrough, Executive Vice President, NAIFA-Arizona was recently renewed as a Certified Association Executive (CAE) with ASAE. Washington, D.C., October 16 – ASAE has announced that Patricia A. Chesebrough, Executive Vice President of NAIFA-Arizona was recently renewed as a Certified Association Executive (CAE).  The CAE is the highest professional credential in the association industry.  Less than five percent of all association professionals have earned the CAE. To be designated as a Certified Association Executive, an applicant must have a minimum of three years experience in nonprofit organization management, complete a minimum of 100 hours of specialized professional development, pass a stringent examination in association management, and pledge to uphold a code of ethics.  To maintain the certification, individuals must undertake ongoing professional development and activities in association and nonprofit management.  Over 4,100 association professionals currently hold the CAE credential.  The CAE program is accredited by the National Commission of Certifying Agencies (NCCA). ASAE is a membership organization of more than 21,000 association executives and industry partners representing 10,000 organizations.  Its members manage leading trade associations, individual membership societies and voluntary organizations across the United States and nearly 50 countries around the world.  With support of the ASAE Foundation, a separate nonprofit entity, ASAE is the premier source of learning, knowledge and future-oriented research for the association and nonprofit profession, and provides resources, education, ideas and advocacy to enhance the power and performance of the association and nonprofit community. October 10, 2014

NAIFA-Arizona National Committee Jim Bennett, Immediate Past President Tracy Jones and Executive Vice President Patricia Chesebrough at an event with U.S. Congressman David Schweikert.

NAIFA-Arizona National Committee Jim Bennett, Immediate Past President Tracy Jones and Executive Vice President Patricia Chesebrough at an event with U.S. Congressman David Schweikert.

September 23, 2014

NAIFA-Arizona Delegation in San Diego during NAIFA Annual Convention and Career Conference.

August 26, 2014 September 2014 is Life Insurance Awareness Month! Click on the below for a PDF version: GovLIAMProc2014small August 25, 2014

NAIFA-West Valley President Chris Kelly (l), Congressman Trent Frank (c) and NAIFA-Arizona National Committee Chair, Jim Bennett (r).

NAIFA-West Valley President Chris Kelly (l), Congressman Trent Frank (c) and NAIFA-Arizona National Committee Chair, Jim Bennett (r).

August 20, 2014

Jim Bennett, Chris Kelly, Congressman Grijalva, and George Henderson.

Left to right: Jim Bennett, Chris Kelly, Congressman Raul M. Grijalva, and George Henderson.

August 19, 2014 NAIFA-Arizona is pleased to announce that the 2013-14 Association of the Year was bestowed upon NAIFA-Tucson!  Tom Tatro, 2013-14 NAIFA-Tucson President, accepted the award on behalf NAIFA-Tucson during the NAIFA-Arizona ‘Area Leadership Conference’ on August 15, 2014.  This award is given to the local association, in Arizona, that has demonstrated overall achievement during the most recent association year!  Congratulations, Tucson! NAIFA-Arizona is also pleased to announce that the association that excelled in Community Service activity in 2013-14 was NAIFA-Scottsdale!  Regina Holmes, CLU, ChFC, NAIFA-Scottsdale2013-14 Community Service Chair received the award during the NAIFA-Arizona Area Leadership Conference on August 15, 2014. “The NAIFA-Arizona is proud to announce that NAIFA-Arizon, under the leadership of Tracy Jones, NAIFA-Arizona 2013-14 President, is the recipient of the NAIFA National Jack E. Bobo Award of Excellence.  This award is based on the critical components identified as crucial to strengthening the NAIFA federation and increasing membership. NAIFA-Arizona is one of only two states  to receive the highest honor of Platinum award status.  This is the second year in succession. The award is named in honor of Jack E. Bobo, CLU, FLMI, who proudly served NAIFA as National President and Executive Vice President.  Jack Bobo is also recipient of the prestigious John Newton Russell Award.  Appropriately, the achievement award recognizes associations and their leaders who excel in all facets of association management including Advocacy, Governance, Membership, Programming and Professional Development. The Platinum category places NAIFA-Arizona in the position of having well exceeded expectations and having met/exceeded 100% of national membership goal. Please congratulate Tracy Jones, 2013/14 NAIFA-Arizona President, for leading the association toward this important achievement this past year.   August 19, 2014

2014 LILI Graduates with LILI Moderator Judy Woertz Paul Ford (West Valley), Regina Holmes (Scottsdale), Melissa Bartusch (Phoenix), Susan Carlson (Phoenix), Juan Ibarra Tucson) and Judy Woertz

2014 LILI Graduates with LILI Moderator Judy Woertz, Paul Ford (West Valley), Regina Holmes (Scottsdale), Melissa Bartusch, (Phoenix),
Susan Carlson (Phoenix), Juan Ibarra Tucson) and Judy Woertz

August 18, 2014

20140814_175247-770

Far left, NAIFA-Arizona Vice President Seth Krasne, Ann Kirkpatrick, IFAPAC-Arizona Tucson representatives, Marcus Carreon and Connie McAdams.

August 7, 2014

CongressmanBarber

Far left NAIFA-Arizona President Mike Sandoval, next to him, NAIFA-Tucson President Juan Ibarra. Far right NAIFA-Tucson IFAPAC Chair – Connie McAdams, and next to her NAIFA-Arizona Vice President Seth Krasne.

April 14, 2014 We all need to remember that registered reps and advisors can find themselves in hot water with their regulators for a variety of reasons, some of which have no connection to the advisor/client relationship. In recent years, FINRA seems to have gotten more aggressive in pursuing enforcement actions against financial advisors on matters related to whether certain expenses are being properly charged to the firm’s credit card. Although FINRA has not recently issued any formal guidance on this issue, it has gotten stricter about filing complaints where it believes personal expenses—such as food, travel and entertainment items—have been charged to the advisor’s firm rather than paid for by the advisor. The dollar value of the item in question does not appear to factor into FINRA’s decision of whether to file a complaint, and a finding of liability can result in penalties ranging from financial fines to termination of employment by the firm to being barred from the securities/investments industry. With FINRA apparently treating these types of cases with the same level of seriousness as matters involving fraud against a client, all reps and advisors should keep detailed records and pay careful attention to the accuracy of their expense reports. Gary A. Sanders Vice President – Securities and State Government Relations National Association of Insurance and Financial Advisors (NAIFA) 2901 Telestar Court Falls Church, VA 22042 Office: 703-770-8192 Email: gsanders@naifa.org

April 10, 2014

An increasing number of advisors who are involved in investments are moving towards a hybrid type of business structure where clients have a choice of fee-based advisory services or a broad variety of commission-based products. In such a model, the advisor will be dually registered as a registered rep of a broker-dealer and an investment advisor representative of a registered investment advisor. (The latest NAIFA survey exploring this issue showed that roughly one-quarter of NAIFA members are dually registered in this manner.)

The SEC, in an indication of its concern about the “blending” of what had previously been two distinct business models that are regulated by two separate regulatory regimes, has indicated that dually-registered advisors would be a priority of the SEC’s National Examination Program and would receive greater SEC scrutiny in the future. Indications are the SEC will focus on which space—advisory program or brokerage account—clients are being directed to, and whether the account type chosen is appropriate for the particular customer or will only enrich the firm without providing meaningful benefits to the client. The SEC will also look at whether “reverse churning” is taking place—is there sufficient account activity and are investors receiving enough services to support the asset-management fees being paid? The SEC is also concerned about whether investors understand the differences between the two types of models.

While we can’t predict who or how often a firm will be examined (or even if there will be an actual increase in SEC oversight given the already-stretched SEC budget), thorough disclosure and documentation—of the business models offered, the obligations of the firm under each and the decision making process in selecting an account type—can be very helpful to a firms efforts to justify its activities.

Gary A. Sanders Vice President – Securities and State Government Relations National Association of Insurance and Financial Advisors (NAIFA) 2901 Telestar Court Falls Church, VA 22042 Office: 703-770-8192 Email: gsanders@naifa.org

January 14, 2014

January 14, 2014 NAIFA-Arizona/IFAPAC-Arizona ‘Capitol Hill Day’

January 2014 NAIFA-Arizona/IFAPAC-Arizona ‘Capitol Hill Day’ Event

January 2014 NAIFA-Arizona/IFAPAC-Arizona ‘Capitol Hill Day’ Event