AALU & GAMA To Build New Organization Representing The Financial Security Profession

AALU and GAMA International have announced their intent-to-build a new organization representing the financial services profession. This first-of-its-kind organization will bring together GAMA's leadership and professional development strengths and AALU's best-in-class advocacy. 

"We intend for this to be the start of a unifying effort that will bring together the entire profession so that we can more effectively address its biggest challenges." - Marc Cadin

"With AALU's advocacy strengths empowering more people to get involved and GAMA's leadership programs, the opportunities will be endless." - Bonnie Godsman

Why are GAMA and AALU forming a new organization?

This is about securing the future of the profession, bigger than any one organization. By joining forces, we can make a greater impact for our members and the people they serve. We have the opportunity to represent and bring our entire profession together, advancing and growing the work we do.

How do I cast my vote to approve the creation of the new organization?

On Jan. 19, 2020, at 3:00 p.m., all active AALU and GAMA members (as of Dec. 31, 2019) will have the opportunity to vote to approve the creation of the new organization. The ballot will be sent via email and can only be accessed via the unique link in that email. Voting will remain open until Feb. 14, 2020.

When will the new organization be officially created?

Provided the membership approves, the Board and the team will work to finalize all the transition details to launch the new organization. In the coming months, we will announce the new organization’s name, host LAMP and Transform, move offices, consolidate financials, work under the direction of the NewCo Board, and put the pieces in place to fully merge the legacy organizations.

What will the new name be, member benefits, dues structure, etc.?

We are in the process of carrying out thorough market research to determine the name, dues structure, member segmentation, and collect feedback as we develop the new organization. Our members are the backbone of the organization, and we need to understand from you what we have to keep, what we need to change, and how we should evolve.

Why should I remain a member of this new organization?

This new organization will build upon the best of both organizations to elevate and promote the profession, amplifying our past individual impacts through one common, unified mission and vision. The new organization will be built on the pillars of best-in-class advocacy, leadership and professional development, and elevating the financial security profession.

Will the annual meetings continue?

Yes, LAMP will be March 22-24, 2020, in Orlando, Florida, and TRANSFORM will be April 26-28, 2020, in Washington, D.C. After that, we may look to space the two meetings out differently, but we are committed to running both conferences and look forward to working together on more events in the future.

Why do we need to unify the profession?

Every day you fight to help people make the right choices for their financial security. Yet, detractors of the profession continue to threaten the work you do, ultimately harming the people you serve. The status quo is no longer acceptable, and we must unify our efforts to impact meaningful change with the size and scale to speak more effectively on your behalf.

Additional Questions?

Read our complete FAQ document and the press release announcing the partnership.  For more information, please contact: Noreen Rich.