SOURCE: Security Benefit

Security Benefit

September 08, 2010 13:01 ET

Financial Services Veteran Al Dal Porto to Head Retail Markets Channel at Security Benefit

TOPEKA, KS--(Marketwire - September 8, 2010) -  Albert J. Dal Porto, a 20-year financial services veteran, has joined Security Benefit as Senior Vice President, Retail Retirement. Dal Porto and his team will build the company's ever-growing retail market platform, which includes existing and new relationships within independent marketing organizations, independent broker/dealers, financial institutions, registered investment advisors and wire house firms.

"We're delighted that Al has joined the Security Benefit team," said Doug Wolff, Security Benefit Retail Retirement President. "Al brings a unique perspective to our growing business. His business acumen and relationships throughout the industry will serve us well as our business continues to optimize trends and maximize opportunities in the marketplace."

The Retail Retirement business of Security Benefit includes Security Benefit Life, providing fixed and variable annuities to retail customers; and Security Financial Resources, a leading provider of retirement plan services throughout the nation, primarily in the education marketplace.

Prior to coming to Security Benefit, Dal Porto held several leadership positions in both product development and distribution for large domestic insurance companies, such as Allstate Financial and Prudential Annuities, where he gained extensive experience in the strategic development of products, design and pricing of fixed, variable and equity-indexed annuities. He also worked as an actuarial consultant for both Ernst & Young and Tillinghast Consultants and served as an actuarial analyst for CIGNA Insurance.

"I'm delighted to be part of the Security Benefit team," said Dal Porto. "The reputation of Security Benefit -- even during the economic turmoil of the last two years -- always has been stellar. There are significant opportunities ahead, and I'm eager to work with this remarkable team to generate outstanding and meaningful success."

A native of Chicago, Dal Porto has a Bachelor's of Science from the University of Illinois at Urbana-Champaign and is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries. Dal Porto will be based out of Chicago.

About Security Benefit
Security Benefit fosters strong partnerships to provide insightful and customized retirement solutions for employers and individual investors nationwide. Through a broad advisor network and its nationally recognized money managers, Security Benefit provides mutual funds, annuities, exchange traded funds, broad retirement plans and programs. As an industry leader in service technology, Security Benefit affiliates also offer business processing and broker/dealer solutions tailored to the financial services marketplace. For more information about us, visit www.securitybenefit.com.

Contact Information

  • For more information:
    Michel' Philipp Cole
    (785) 438-3396
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