ASBO International Strategic Partner
is a 125-year-old, Kansas-based insurance company that has recently become one of the fastest growing retirement savings and income companies in the industry. Through a combination of innovative products, exceptional investment management, and a unique distribution strategy, Security Benefit has become a leader in a full range of retirement markets and wealth segments.
Committed to supporting school business officials, Security Benefit is proud to sponsor the first general session speaker at ASBO International’s Annual Meeting & Expo
as well as 16 free registrations to this premier professional development event.
Strategic Partner Spotlight
Jim Arnold, Security Benefit
“The only source of knowledge is experience,” said Albert Einstein. Recently celebrating its 125th anniversary, Security Benefit most definitely has experience and knowledge you can put to good use!
What is now one of the fastest-growing retirement savings and income companies in the industry, Security Benefit laid its humble roots in Topeka, Kansas, as a fraternal organization called The Knights and Ladies of Security. From its inception, it was a forward-thinking group—among the first to accept women as equals—and each of the 11 original members contributed $1 to protect each other’s family with life insurance.
Director of Relationship Management Jim Arnold explains that in 2000, Security Benefit won a bid to provide the nearly three million members of the National Education Association (NEA) with retirement plans. This was one of the driving forces that made the company’s name known within the education field. Educators are likely to have 403(b) and 457 plans, and Security Benefit’s independent financial advisors are well-versed in both plans.
“Our primary purpose is to make sure that employees know what supplemental retirement is,” Jim says. “Our goal is to help SBOs and district leaders educate their employee on how to plan. Contributing over time is more important than the size of contribution.”
Despite the fact that Security Benefit has been around for such a long time, it built relationships with educators slowly, starting in a few states and expanding to others over the years. In 2012, it began to expand its school business reach at the national level, including building a relationship with ASBO International.
For several years, Security Benefit has been the proud sponsor of the first general session speaker at ASBO International’s Annual Meeting & Expo. More recently, it began sponsoring 16 complimentary registrations to the meeting. The latter are chosen at random from those who sign up to participate in the drawing, with an entry period spanning several months. This year’s entry period closed earlier this month, and the winners will be announced in coming weeks. Not only is the registration fee covered for these 16 individuals, but they attend a special breakfast prior to the first general session, for which they have reserved front row seats.
Earlier this month, Security Benefit celebrated its milestone anniversary at a black tie dinner in Topeka, where the company has been headquartered since its founding. Jim credits “good old Midwest values” as a primary reason for the company staying on the straight and narrow for so long.
“With all of that time and experience, you should be good at what you do,” Jim says. “And if you’re good at it, you stay in business.”