David Bensinger, President & Founder
Founder, David Bensinger comes from a large family of entrepreneurs, who owned and operated everything from party stores, gas stations, bars, and motels to general stores, farms, and saw mills. He watched as family members made a job out of their business, but not a business that could be sold for more than its asset value.
David learned that his grandfather knew the business of business. He’d buy an unproductive small business, and then build it up over a few years. Once cash flow was proven, he’d sell it for a handsome profit. David was inspired by the family stories of his grandfather.
With a lifelong passion for entrepreneurs and personal finance David became CERTIFIED FINANCIAL PLANNER™ Professional; earned a Master of Science degree in Financial Planning; serves as a multi-state Life Agent; a CHARTER RETIREMENT PLANNING COUNSELOR℠ CHARTERED MUTUAL FUND COUNSELOR℠ ACCREDITED WEALTH MANAGEMENT ADVISOR℠ and MASTER PLANNER ADVANCED STUDIES℠.
David’s career spans more than 23 years in financial services in a range of senior executive positions with such firms as Lincoln Financial, CRG, and TBG Financial. He has brought value to banks, nonprofits and public companies that range in size from small firms up to and including the Fortune 50. David’s most recent positon before opening Benexit was with Lincoln for thirteen years, the last eight of which as head of Lincoln Executive Benefits—a specialty business generating $42m a year in earnings distributing specialized products and services to over 1,400 corporations and banks.
When not working, David enjoys spending time with Debbie, his wife, and two sons, travelling, entertaining, camping, trapshooting or fishing the Idaho backcountry. David also enjoys piloting his classic 1953 Cessna 195 airplane.
Deborah Bensinger, Chief Operating Officer
As Benexit’s COO, Deb brings years of experience in office support and management, customer relations, and marketing coordination.
Deb grew up in Anchorage, Alaska, where she learned to appreciate the tough, straight-forward pragmatism of the area; traits she values to this day. (For instance, she finds referring to herself in the third person ridiculous but acquiesces for propriety’s sake.) She moved “Outside” for college, during which time she earned a Bachelor of Arts Degree with a minor in English, studied Mandarin in Beijing for a summer, and taught English and business skills in Nuwara Eliya, Sri Lanka for a year during some of the most heated times of that country’s civil war.
After graduation and a lovely wedding in Tulsa, Oklahoma, she began work in various support roles in the environmental engineering field including stints at Conlan Engineering in Longview, Texas; and Brown and Caldwell in the Pasadena and Irvine, California offices. Switching to the financial services industry, Deb supported a Partner at W.E. Meyers & Company who handled non-auction (leveraged build-up) M&A deals; and then moved to Stephens & Partners, an M&A advisory firm specializing in strategic acquisition services where she helped manage the office, coordinated direct marketing efforts, and provided customer support.
Deb enjoyed a hiatus to raise two boys and to become something of a big deal in the PTA, but now that the boys are older is enjoying getting back to work with her college sweetheart and husband of 26 years (and counting) at Benexit. Besides spending time with her family, Deb adores interesting fonts, proper kerning, fountain pens, and entertaining guests on the patio on balmy summer evenings.
Fred Schippa, Advisory Board
Fred brings more than thirty years of progressive leadership in the financial services industry. Throughout his career, he has had the opportunity to work both as an employee and as a management consultant for companies of vastly different sizes and levels of complexity; from small start-ups to multi-national firms with more than 50,000 employees. He has functioned as the head of Finance and Operations for several firms, but has, on occasion, also had responsibility for Human Resources, IT and Customer Service.
As the founder of The Gordian Group, which provided management consulting for several Fortune 100 companies, such as Liberty Mutual, New York Life and TIAA-CREF, he worked to introduce new products, develop new markets, and improve efficiencies. He has also held senior management positions with McGraw-Hill Education, EF Hutton Life, EquityKey and Retirement Capital Group, where he was also the firm’s Financial and Operations Principal.
Over the years, Fred has managed various projects and multi-year / division programs, often with teams spread across many states and time-zones. These projects and positions have given Fred a wealth of experiences and ability to quickly discern opportunities for improvement and viable solutions. Fred holds an MBA from San Diego State University and a BS in Accounting from California State University Northridge. He has also acted as the Financial and Operations Principal, holding a Series 27, for multiple Broker-Dealers and RIA’s.
Fred grew up in the San Fernando Valley, north of Los Angeles, but moved to San Diego after college where he has spent most of the intervening years. When not working, Fred enjoys hiking, volleyball, music and spending time with his wife Jennifer, and their twin sons.
Joyce Turnboom, Advisory Board
Joyce is a successful counselor with 38 years of experience at both the regional and national level. She has worked with up to four generations of family members on family dynamics and addictive patterns to help individuals achieve their highest potential. Her clientele comes from all walks of life, including high-achieving professionals, executives, and business owners.
Joyce grew up in a log cabin in the north woods of Minnesota, the child of a logging family. She received her undergraduate degree in Home Economics with a Minor in Psychology from University of Minnesota; her Master’s Degree in Counseling in 1983 from Idaho State University; and Advanced Certified Alcohol/Drug Counselor with International credentials in 1991.
Joyce opened her private practice in 1986 which she still maintains. She has held various state and hospital positions counseling and teaching children and adults about dynamics of addiction on the family.
From 1983 – 1995, Joyce traveled the country helping develop the Adult Children of Alcoholics organization. Noticing that high earners often have dependencies and family issues, she was also one of the first eight people trained in a national program that focused on the effects of dysfunction and addiction on individual monetary decisions, spending patterns, savings, and investing.
Joyce and her husband, Pat, enjoy a rewarding 28-year marriage. She loves to spend time with her stepchildren, grandchildren and the many four-legged members of the family. In her off-time, Joyce restores antiques, loves to read, and travels.
Key employees represent the heart of your business. You need to retain, reward and motivate them to stay the course as you exit the business—prospective buyers, which may include your key employees themselves, buy into that talent. This is the first pillar or discipline in our Benexology protocol.
Our primary goal in business exit planning is to help you maximize, protect and transfer business value onto your personal balance sheet. So this step in our Benexology protocol covers the evaluation of your business: its current value, employees, infrastructure and performance.
Maximizing enterprise value by rewarding those who build it.