Commission-Free insurance network for fiduciaries
Multiply your team’s expertise by adding our team. DPL works for RIAs to bring low-cost, Commission-Free solutions, designed to deliver value and improve financial outcomes, to their clients. DPL acts as an RIAs insurance department, providing a turnkey resource that expands services and expertise without expanding staff. Firms we work with believe this enables them to:
- Stop referring clients to outside insurance salespeople
- Retain control of their client experience
- Ensure clients are only presented insurance solutions they recommend
- Meet client demand for broader services
- Increase AUM by retaining or bringing in insurance business
Getting started with DPL is simple
If you currently use insurance with your clients
We begin with a review of the products and services you currently use to make suggestions to maximize client benefit:
- Audit DPL performs an audit of the products currently used and the purpose for which they are used. The goal of this review is for DPL to understand the needs of your firm and your clients.
- Client review (existing insurance holdings) DPL works with the member firm to review existing client insurance holdings to explore whether client needs are being best met (can be as easy as sending over a statement). As appropriate, DPL will provide options, which may improve client outcomes.
- Client review (no insurance holdings) At the time of annual or quarterly client meetings, members may contact their DPL consultant to review clients' financial goals to determine if insurance products may benefit the client.
- Implementation If the advisor decides a product helps deliver on client needs, DPL assists in the implementation.
If you don't currently use insurance with your clients
We recommend starting to review your client base for exchange opportunities (your clients do own insurance!):
- DPL likely can find better product solutions, possibly saving your clients up to 80% on their product fees.
- Bringing low-cost, fee-only solutions to your client can easily demonstrate your value and potentially increase your AUM
After the initial review for exchange opportunities, DPL works with you to identify strategies to improve client retirement outcomes:
- Protect against sequence of returns risk with principal protection strategies
- Opportunities for greater accumulation through tax deferral
- Generate additional guaranteed lifetime income
- Bridge income gaps in retirement
It's easy to get started with DPL. Simply join.
When your firm joins DPL, all of your advisors get unlimited access to our team of insurance consultants, member-only education, tools and content, and a robust offering of Commission-Free products.
DPL works as the RIA's strategic partner, so our members are able to focus on what they do best—servicing their clients and managing their practices.
for all Policies
- Unlimited access to consultants
- Access to top products from top carriers
- Analysis of client’s current annuity holdings
- Membership newsletter
- Exclusive content and member webinars
- Concierge service to help complete client paperwork
- Training on carrier’s website
- Assistance with advisory fee billing
- Advisor retains and manages client assets
- Access to insurance products
- Consultant signs as executing agent
- Client suitability performed by DPL