June 25, 2022 Breaking News, Latest News, and Videos

American College Inducts Arthur D. Kraus to the Alumni Hall of Fame:

Santa Monica resident Arthur D. Kraus was recently inducted to American Colleges’ Alumni Hall of Fame. The Alumni Hall of Fame was established in 2005 to recognize graduates who embody what the American College stands for – integrity, professionalism, volunteerism and dedication to education.

Each year The College elects a new inductee to the Hall of Fame and honors him/her at a luncheon during the Knowledge Summit or Alumni Association Tour Events.  This year Kraus was honored at the Knowledge Summit held on November 21, 2013 at Caesar’s Palace in Las Vegas.

Kraus is a partner at Santa Monica-based Capital Intelligence Associates, a financial services company.  He entered the financial services business in 1960 with Pacific Mutual Life Insurance Company.  In 1969, he was elected President of Pacific Consulting Corporation, a subsidiary of Pacific Mutual. 

A year later, he left 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, Kraus was named CEO of the National Association of Insurance and Financial Advisors (NAIFA), the country’s largest financial services association, located in Washington D.C. 

Four years later he returned to Los Angeles expecting to retire, at which he failed miserably.  Instead, he worked with his son Mitchell to establish Capital Intelligence Associates, now based in Santa Monica, CA. He is a registered Principal with and offers securities through LPL Financial, member FINRA/SIPC.

“It’s truly an honor to be inducted to American Colleges’ Alumni Hall of Fame,” Kraus said. “I am proud to be recognized for more than 50 of service in the financial services industry by the nation’s leader in financial education.”

The American College is a non-profit educational institution with the highest level of academic accreditation dedicated to leadership in innovative training and development for financial services professionals.

Serving as a valued business partner to banks, brokerage firms, insurance companies and others for over 86 years, The American College has assembled a faculty of the foremost thought leaders in the industry to help companies and their employees succeed.

in News
Related Posts

Active Shooter Training Set for Santa Monica Middle School Friday

June 23, 2022

June 23, 2022

Drill to take place at John Adams Middle School Friday morning By Sam Catanzaro ​​An active shooter training will take...

Metro Church and Cafe Fundraising To Keep Space in Santa Monica

June 23, 2022

June 23, 2022

Non-profit church and coffee shop shut down following false vermin complaint By Dolores Quintana Metropolis Santa Monica is a multi-use...

New Coffee Shop Open on Montana Avenue

June 23, 2022

June 23, 2022

Go Get ‘Em Tiger up and running on corner of Montana and 10th  By Dolores Quintana A new coffee shop...

15-Year Department Veteran Selected as Santa Monica’s Next Director of Library Services

June 22, 2022

June 22, 2022

Erica Cuyugan leads Santa Monica Public Library After performing a nationwide search, the City of Santa Monica recently selected Erica...

Cardboard City Returning to Santa Monica This Weekend

June 22, 2022

June 22, 2022

5,000 square foot innovative pop-up art installation returns June 25 with opening ceremony  Cardboard City, a 5,000 square foot innovative...

The Book Jewel Celebrates Pride Month as a Community

June 22, 2022

June 22, 2022

Westchester bookstore hosting series of events this month The Book Jewel in Westchester is hosting several events this month that...

Santa Monica Resident Injured in Apartment Fire

June 21, 2022

June 21, 2022

Pico Neighborhood apartment catches fire last week By Sam Catanzaro A Santa Monica resident was injured in an apartment fire...

Bonin Requests Lease Extension for a Bridge Home Homeless Shelter

June 21, 2022

June 21, 2022

Motion currently pending in City Council committee  By Sam Catanzaro Los Angeles City Councilmember Mike Bonin is pushing to extend...

Mountain Lion Killed by Vehicle Near the Same Spot Her Mother Was Fatally Struck in 2018

June 21, 2022

June 21, 2022

P-54 killed on Las Virgenes Road last Friday By Sam Catanzaro Not too far from where her mother was hit...

Rent Board Has Approves Highest Rental Increase In 40 Years: Santa Monica Beat – June 20th, 2022

June 20, 2022

June 20, 2022

Local news and culture in under 5 minutes.* Rent Board Has Approves Highest Rental Increase In 40 Years * Recreational Marijuana...

Santa Monica Families Earning Upwards of $190,000 Can Qualify for Mortgage Relief

June 17, 2022

June 17, 2022

State expands California Mortgage Relief Program By Sam Catanzaro Santa Monica families earning upwards of $190,000 can qualify for mortgage...

Santa Monica ‘Smart Home’ Hits Market for $17 Million

June 17, 2022

June 17, 2022

10,000 square foot home at 1410 Georgina Avenue for sale By Dolores Quintana Santa Monica has a new property on...

SMa.r.t. Column: The Mansionization of Santa Monica

June 17, 2022

June 17, 2022

Editor’s note: This column originally appeared in print in 2016.  In the 1980s, Santa Monica’s single family zoning code was...

Bass Pulls Ahead of Caruso in Latest Vote Tally

June 17, 2022

June 17, 2022

41-38 lead for Karen Bass in race for LA Mayor By Dolores Quintana The ballots are still being counted in...