DPL Financial Partners, the Louisville, Ky.-based firm that links fee-only advisors and RIAs with resources related to low-cost, no-load annuities, is now offering all its members full access to an innovative personality assessment tool that zeroes in on clients’ specific retirement income preferences.
It’s called the “Retirement Income Style Awareness” tool, and it weds the work of a number of industry veterans. (They call it “RISA,” for short.)
David Lau, DPL’s founder and CEO, was chief operating officer at annuity provider Jefferson National before launching DPL as a way of connecting financial professionals (and their clients) with commission-free annuities. The Retirement Income Style Awareness tool is the brainchild of Wade Pfau, the author of the Retirement Planning Guidebook and a former professor of retirement income at the American College of Financial Services, and Alex Murguia, CEO of Retirement Researcher and a managing director at Tysons, Va.-based McLean Asset Management.