LOUISVILLE, KY., April 5, 2018 – DPL Financial Partners (“DPL”), the insurance network for registered investment advisors (“RIAs”), today announced an agreement with Integrity Life Insurance Company (“Integrity Life”) to offer products to RIAs nationwide. The alliance expands DPL’s product suite with versions of the Cincinnati-based insurer’s IncomeSource® single premium immediate annuity and MultiVantage® single premium fixed deferred annuity designed for RIAs.
“We are excited to integrate Integrity Life’s offerings into our rapidly growing product lineup,” said DPL Founder and CEO David Lau, who has spent more than 20 years creating insurance and investment products for individual investors. “Known for financial strength and stability, Integrity Life is one of the few insurers that offers a version of its immediate and fixed annuities designed for RIAs. We believe these products are some of the industry’s most competitive.”
“We recognize the importance of serving the RIA market and are delighted to be working with DPL to deliver products specifically engineered with fee-only advisors in mind,” said Mark Caner, President of W&S Financial Group Distributors. “Annuities can play an important role in an individual’s financial plan by providing sustainable lifetime income regardless of market fluctuations and downturns.”
With a unique membership model that removes commissions, DPL helps fee-only advisors identify and implement insurance solutions into their practice for the first time.
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About DPL Financial Partners
DPL Financial Partners is an RIA insurance network that brings low-cost, commission-free insurance solutions from a variety of the nation's top carriers to RIA practices. DPL insurance consultants are product and carrier agnostic. Our consultants work for RIAs, not an insurance carrier, and work to employ solutions that work to optimize financial outcomes for RIA clients. DPL offers a full suite of life and annuity products. www.dplfp.com
About Integrity Life Insurance Company
Integrity Life Insurance Company (Integrity Life) is a member company of Western & Southern Financial Group. Since 1966 Integrity Life has offered clients innovative long-term financial products designed to provide the lifetime income strategies that are a key component of a successful retirement plan. Based in Cincinnati, Ohio, Integrity Life operates in DC and all states except New York, where National Integrity Life Insurance Company, Greenwich, NY, has operating authority.
About Western & Southern Financial Group
Founded in Cincinnati in 1888 as The Western and Southern Life Insurance Company, and celebrating 130 years this year, Western & Southern Financial Group, Inc. (Western & Southern), a Fortune 500 company, is now the parent company of a group of diversified financial services businesses. Its assets owned ($48 billion) and managed ($27 billion) total $75 billion as of Dec. 31, 2017. Western & Southern is one of the strongest life insurance groups in the world. Its six life insurance subsidiaries (The Western and Southern Life Insurance Company, WesternSouthern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, The Lafayette Life Insurance Company and National Integrity Life Insurance Company) maintain very strong financial ratings and a Comdex Ranking of 96.1 Other member companies include Eagle Realty Group, LLC; Fort Washington Investment Advisors, Inc.;2 IFS Financial Services, Inc.; Peppertree Partners LLC;2 Touchstone Advisors, Inc.;2 Touchstone Securities, Inc.;3 W&S Brokerage Services, Inc.;3 and W&S Financial Group Distributors, Inc. For more information on the Western & Southern family of companies, visit WesternSouthern.com.
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