Scott Bowers has joined Fiduciary Exchange (FIDx) as chief strategy and distribution officer.
Bowers most recently served as national sales director in BlackRock’s Retirement Insurance Group. In addition to managing national sales, Bowers also oversaw distribution to the firm’s insurance carrier and other product partners.
"Scott joins FIDx at a pivotal time in our evolution. FIDx has spent the last two years building and integrating industry changing technology and solutions across our carrier partners and wealth management platforms—and now we are focused on activating advisors and advancing the use of insurance products within their practices," said FIDx CEO, in released comments. "We are thrilled to have Scott leading this effort. His relationships, industry knowledge, and experience working at one of the largest asset managers in the world providing sales leadership and wholesaler engagement is vital for transforming the wealth management industry's access to annuities."
At FIDx, Bowers will join the senior management team and help drive business strategy, as well as increase advisor adoption of FIDx’s tools.
Prior to BlackRock, Bowers was a variable annuity specialist at ING.
"There is currently no other firm doing what FIDx has done,” said Bowers in released comments. “Its offering and partnership with Envestnet and its integration into MoneyGuide create one of the largest annuity distribution opportunities I've seen in my career. I'm thrilled to be joining this team and helping craft the steps we can take to help advisors deliver secure retirement solutions to their clients."
FIDx is an independent digital network integrating brokerage, insurance and advisory platforms to help financial advisors and representatives deliver annuities and insurance to their clients