David Byers Jr. took over from Rich DeVita earlier this month as the president of AALU in Washington, at the group’s annual meeting.
AALU is a Reston, Virginia-based group for financial professionals. It attracted about 1,000 people to the meeting, according to AALU.
Byers is the managing principal at Capital Strategies Group Inc. in Birmingham, Alabama. He has served for 16 years on the Alabama State Board of Education.
(Related: Marc Cadin to Lead AALU)
Ray Bening took over as president-elect.
Jeri Turley became vice president, treasurer and secretary.
Traditionally, AALU has focused on serving advisors who provide advanced planning arrangements for institutions, wealthy families, and families with unusual financial planning needs. Many of those arrangements involve matters related to taxation.