rt Kraus, CLU®, ChFC® entered the financial services business in 1960 with Pacific Mutual Life Insurance Company. In 1969, he was elected President of Pacific Consulting Corporation, as subsidiary of Pacific Mutual. PCC was an early foray into the emerging financial planning industry. He resigned his PCC affiliation a year later to become a co-founder of the AFP Group.
AFP grew to become one of the largest financial planning companies in the United States. In 1998 the industry asked him to become CEO of the National Association of Insurance and Financial Advisors (NAIFA), the country's largest financial services association. Following his four years in Washington, DC, he returned to Los Angeles to retire, at which he failed miserably. He worked with his son Mitchell to found Capital Intelligence Association in Los Angeles, where he serves as Chairman.
Art currently serves on The American College Foundation Board of Directors. He received his Chartered Life Underwriter® (CLU®) designation in 1967 and his Chartered Financial Consultant® (ChFC®) in 1983.
On October 1, Art will host a special meeting for Alumni Association members at the LA Live complex, featuring Dr. Larry Barton and several top speakers from the industry. It will be a unique chance to hear about the state of the profession, your College, and how to build your practice. For more information about this meeting, CLICK HERE.
He is the recipient of numerous industry awards and honors and still spends a great deal of his time working on industry issues in Washington. He is married to Rini, has four sons, two daughters-in-law, and two grandchildren. Congratulations Art!