Annual Report to Investors - The American College
Annual Report to Investors - The American College
Annual Report to Investors - The American College
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MAKING A DIFFERENCE<br />
10<br />
A DECADE OF PROGRESS<br />
Henry A. Deppe, CLU ®<br />
Henry A. Deppe, CLU ® possessed a positive energy that life insurance financial advisors wanted <strong>to</strong> absorb<br />
through osmosis. Deppe, a friend and men<strong>to</strong>r <strong>to</strong> Alan Press, CLU ® , LUTCF, was always surrounded by<br />
a group of people who believed that if they followed his pro<strong>to</strong>cols, they heightened their chances of<br />
success. “Henry proved them correct in that assessment,” said Press. “Henry shared his knowledge of<br />
the business freely, both inside and outside of Guardian, with all who wanted <strong>to</strong> learn from him.”<br />
Deppe was the leading General Agent for <strong>The</strong> Guardian Life Insurance Company of America for more<br />
than 20 years. He founded National Pension Service, Inc. and built it in<strong>to</strong> the company’s most productive<br />
agency. He sold NPS in 1987 after 30 very successful years.<br />
Deppe passed away on August 17, 2013, at the age of 93. He strongly supported <strong>The</strong> <strong>American</strong> <strong>College</strong> and believed that the knowledge<br />
it provided was the key <strong>to</strong> financial services professionalism. As a testament <strong>to</strong> his commitment <strong>to</strong> <strong>The</strong> <strong>College</strong>, a Chair in Pensions and<br />
Retirement Planning and an annual lecture series were established in Deppe’s name, thanks <strong>to</strong> the generosity of his friends, industry<br />
leaders, and <strong>The</strong> Guardian.<br />
<strong>The</strong> legacy of Henry Deppe will continue also with a very special gift he made <strong>to</strong> <strong>The</strong> <strong>College</strong>—a $250,000 life insurance policy. If you are<br />
considering making a gift of life insurance <strong>to</strong> <strong>The</strong> <strong>College</strong>, please contact Allen Thomas, JD, CAP ® , Vice President, Advancement, at<br />
Allen.Thomas@<strong>The</strong><strong>American</strong><strong>College</strong>.edu or 610-526-1422.<br />
O. Alfred Granum, CLU ®<br />
O. Alfred Granum, CLU ® was passionate about the work of financial professionals and believed in<br />
sharing everything he learned for the benefit of the entire industry.<br />
After earning his BA and MA in Life Insurance in 1943, Granum joined the U.S. Navy during the<br />
height of World War II. Upon returning home in 1946, he contracted with Northwestern Mutual in<br />
Amery, WI. He was appointed managing partner in Chicago, IL in 1963. During his tenure as<br />
managing partner, his agency became the first office in the industry <strong>to</strong> write more than $150 million<br />
dollars of new business in a 12-month period, ranked first in company volume and/or premium a staggering 37 times, and qualified 42<br />
of his 45 agents as MDRT members.<br />
Granum conducted groundbreaking research that ultimately led <strong>to</strong> the development of Client Building and the One Card System,<br />
a proven track <strong>to</strong> success for financial services professionals. After 23 legendary years, Granum retired from his managing partner<br />
position, but he continued teaching his Client Building system <strong>to</strong> help strengthen the profession on a global basis.<br />
Granum passed away on January 2, 2014, at the age of 91. He is the only person ever <strong>to</strong> be honored with the industry’s <strong>to</strong>p three<br />
awards: the Huebner Gold Medal from <strong>The</strong> <strong>American</strong> <strong>College</strong> in 2003, the John New<strong>to</strong>n Russell Award from NAIFA in 2002, and<br />
induction in<strong>to</strong> the GAMA International Management Hall of Fame in 1983. He was awarded a Chair in Practice Management at<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong>, endowed <strong>to</strong> him by his peers in 2001.<br />
To further honor his legacy and commitment <strong>to</strong> lifelong learning, Northwestern Mutual and <strong>The</strong> <strong>American</strong> <strong>College</strong> launched the<br />
Northwestern Mutual Granum Center for Financial Security in June 2012. To make a donation <strong>to</strong> the Center in memory of<br />
Al Granum, visit <strong>The</strong><strong>American</strong><strong>College</strong>.edu/giving/al-granum.<br />
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