DPL Financial Partners will use the money for technology and infrastructure.
SRI said many investors are shying away from annuities because of low interest rates and market uncertainty.
The regulation requires advisors to “act in the best interest of the consumer when recommending or selling an annuity.”
The SS&C Advent Insurance Marketplace offers RIAs access to fee-only insurance products.
Signal Advisors brings a very different look to insurance-based independent marketing organizations.
The Detroit-based firm combines insuretech with an independent marketing organization.
But RILAs are expected to continue to grow as consumers seek protection, safety and growth.
LifePath Paycheck will use annuities in target-date strategies for retirement plan participants.
Variable annuity sales are expected to feel the impact of March’s volatility in the second quarter.
DPL's platform will be gratis for financial advisors for three months.