Gaudreau, Mayeux Address NAIFA's Congressional Conference

NAIFA President Jules Gaudreau and CEO Kevin Mayeux welcomed attendees to NAIFA’s 2016 Congressional Conference yesterday and spoke about the importance of advisors’ political involvement to their clients and the insurance and financial services industry.
Gaudreau said that while planning and products are the most obvious benefits advisors offer their clients, consumers are also beneficiaries of advisors’ advocacy work.
“But it’s professionals like you, who are politically active, who provide an additional service to your clients, one that many probably don’t even consider,” he said. “You take time out of your busy schedules to come to Washington and apply your expertise and persuasiveness to help protect consumers from potentially harmful laws and regulations.”
Mayeux said that NAIFA members’ relationships with their clients gives them added credibility with members of Congress and officials at all levels of government.
“In Washington, and in our state capitals, lawmakers and regulators understand that when NAIFA speaks, we are the voice of the American consumer,” he said. “We are Main Street, and our opinions matter.”
Mayeux said that NAIFA’s political advocacy efforts, including the Congressional Conference, are also an important benefit for NAIFA members and the industry.
“NAIFA is the only organization that represents insurance and financial advisors regardless of the products you sell or the focus of your practice,” he said. “When it comes to securing America’s financial future, you cover it all. And NAIFA has you covered.”
The Congressional Conference Tuesday program also included a video statement from Governot Dirk Kempthorne, president and CEO of the American Council of Life Insurers. Kempthorne assured attendees that they wield powerful influence on Capitol Hill, and that only they can tell the personal stories that directly illustrate the effects of laws and regulations on the lawmakers’ constituents.
NAIFA’s Congressional Conference concludes today with more than 700 advisors representing every state going to Capitol Hill to discuss issues important to their businesses and their clients with lawmakers. They will talk about NAIFA’s remaining concerns with the Department of Labor’s final fiduciary rule. They will also tell Congress that it is important for any future tax and health care reform efforts recognize the value our members and their products and services provide consumers and encourage families and businesses to plan for the future, save for retirement and protect against other financial risks.
  • Posted May 25, 2016 IN

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