A map of New York state (Credit: U.S. Geological Survey)

A New York state affiliate of Finseca — the national financial professional organization formed in September by the merger of AALU and GAMA — now has a leadership team.

(Related: New AALU-GAMA Combo Takes the Name ‘Finseca’)

Finseca NY announced earlier this month that it has formed an independent board of directors. Phillip Held will be the chairman of Finseca NY,

Held is a financial professional in Buffalo and affiliated with Massachusetts Mutual Life Insurance Company.

The other Finseca NY board members are Michael Book, Donald Damick, Chris Gibbons, John Hobika, Michael Kane, Joshua Lauer, Jason Lurie, Neal Miller, Kevin Mulqueen, David Perlmutter, Stephanie Rivas, Adam Seiden and Thomas Wade.Finseca NY will be part of Finseca’s effort to shape financial services policies and regulations at the state level, according to Finseca.

Finseca NY announced its affiliation with Finseca Sept. 29.

One of the organizations that created Finseca, AALU, had been known for working to shape financial services regulations and legislation at the federal level.

Kelly Kidwell, the chair of the national Finseca board, said in the announcement that the partnership that created Finseca NY will build on Finseca’s legacy of federal advocacy.

The relationship between the two groups “represents a new model for success across the country as we take the fight to state capitals,” Kidwell said.

Finseca NY will start by beginning to fill in the gaps between local and federal advocacy agendas, it said.

(Related: Checklist Shows Impact of N.Y. Best Interest Rules)

“Coming together, working together, is something I believe we all need to do as a profession and in order to most effectively guide the consumers we serve,” Held said.

— Read Finseca, NAIFA Compete for New York State NAIFA Chapter Memberson ThinkAdvisor.

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