Friday, July 17, 2009

[016] Memphis’ Brandon Will Be Inducted into Musto Tennessee Insurance Hall of Fame Aug. 4 in Murfreesboro

Memphis’ Brandon Will Be Inducted into Musto Tennessee Insurance Hall of Fame Aug. 4 in Murfreesboro

(MURFREESBORO) — E. Denby Brandon, a longtime member of the insurance profession, will be inducted into the Robert E. Musto Tennessee Insurance Hall of Fame Tuesday, Aug. 4. The Hall of Fame is housed in the Jennings A. Jones College of Business at Middle Tennessee State University. The induction ceremony festivities will begin at 5:30 p.m. at the Embassy Suites Hotel and Conference Center in Murfreesboro. “Mr. Brandon has contributed to the betterment of the life insurance business in many ways,” said Dr. Ken Hollman, chairholder of the Martin Chair of Insurance, which is housed at Middle Tennessee State University.
“… Mr. Brandon helped create the personal financial planning movement and has helped to enhance the image of financial planning and life insurance in general,” Hollman added. “In so doing, he has focused favorable attention on the city of Memphis and on our state. “It is entirely fitting that Mr. Brandon be enshrined in the Robert E. Musto Tennessee Insurance Hall of Fame on the 40th anniversary of the founding of the CFP movement.” Brandon and two other industry professionals, Joseph M. “Joe” Clinard Jr. of Nashville and Robert E. Rose of Murfreesboro, were selected for induction by a Musto Hall of Fame committee, which considered additional nominations. The Memphis businessman and sons E. Denby III and Ray Brandon operate their family-owned firm, Brandon Financial Planning Inc. at 5101 Wheelis (Suite 112) in Memphis. Brandon has long supported the insurance industry through membership in and support of professional and trade associations, Hollman said. He was a member of the original Certified Financial Planner Board of Standards in 1985 and became chairman in 1989-90. He was the first chairman of the board of Affiliated Associations (the CFP Global Standing Setting Organizations) in 1992. He also is a member of the Financial Planning Association, the membership organization of financial planners worldwide. Brandon and Oliver Welch of Atlanta wrote The History of Financial Planning, the first book to provide a comprehensive history of the financial planning profession. It is scheduled for international publication by John Wiley & Sons in October. Hollman said Brandon was one of the leaders in establishing the Financial Planning History Center at Texas Tech University in Lubbock in 2005, serving the global financial planning community both in space and cyberspace. Backed by the Financial Planning Association, the book offers a clear overview of the industry and how it has grown and changed through the years. It chronicles the history of the profession – from 1954 until today – with an explanation of how the financial planning movement has grown beyond the United States to other countries particularly in the last 15 years. Brandon received his B.A. degree with honors in philosophy from the then Southwestern at Memphis (now Rhodes College) in 1950, where he was Phi Beta Kappa, student body president and later named to the Rhodes Hall of Fame. He performed graduate work at Yale and Duke universities, earning an M.A. from Duke in 1952. He received the chartered life underwriter designation in 1957 from the American College of Life Underwriters in Bryn Mawr, Pa.; he has a diploma in agency management from the American College of Life Underwriters in 1961; he earned the CFP designation in 1982 from the College of Financial Planning; and received the chartered financial consultant designation in 1984 from the American College. To date, Brandon remains an internationally known speaker and writer in various phases of financial planning. Brandon has been married to Helen D. Brandon for 56 years. In 1997, Robert L. Musto, son of Robert E. Musto, presented a $10,000 gift to MTSU's Martin Chair of Insurance in honor of his father, which provided the foundation for the hall of fame. The late Robert E. Musto served as vice president of the former National Life and Accident Insurance Company. Robert L. Musto of Nashville, who died earlier this year, was regional sales manager of the company his father helped build. Including the inductees for 2009, there are 41 members of the Robert E. Musto Insurance Hall of Fame, which is under the auspices of the Tommy T. Martin Chair of Insurance in MTSU’s Jones College of Business. Dr. Kenneth W. Hollman is holder of the Martin Chair.
Also being inducted on Aug. 4 are Joseph M. Clinard Jr. of Nashville and Robert E. Rose of Murfreesboro.
For MTSU news and information, go to mtsunews.com.
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