DPL Unveils Technology To Scale Annuity Analysis For RIAs
DPL Financial Partners, an annuity and insurance platform for RIAs, has launched the Annuity Review, an interactive decision-making tool for advisory firms growing through acquisitions to align books of legacy annuities with a fee-based advice model, and thus better align their aims to act in a fiduciary manner. This technology-driven solution simplifies and streamlines the annuity analysis and exchange process, enabling enterprise firms to unlock long-term value from commissioned books of business for clients, their advisors, and their business.
Annuity Review rapidly analyzes a portfolio of annuities to identify contracts that can be improved through exchange to a fee-based product aligned with clients’ goals. Contracts that are not suitable for exchange can be transferred to DPL as agent of record and monitored for transition over time.
David Lau, DPL’s founder and CEO, says that with more advisors moving to fee-based service models, this technology lets them “shift annuity revenue from commission trails to transparent fees, while moving clients into lower-cost, commission-free solutions that deliver greater value and better support their goals.” To learn more, visit dplfp.com.
