DPL Financial Partners Forms a Strategic Advisory Board
In a significant move for commission-free annuities, DPL Financial Partners has announced the establishment of a strategic advisory board. This board is composed of a diverse group of professionals, including founders of registered investment advisor (RIA) firms, investment officers, insurance directors, and financial advisors actively utilizing DPL’s platform. Their primary purpose is to provide crucial insights into the development of products, technology, and support that will help RIAs integrate annuities and insurance solutions into client portfolios effectively.
Insights from Industry Leaders
According to David Lau, Founder and CEO of DPL, bringing together these distinguished industry leaders was essential to understand better what RIAs need to grow their firms and serve their clients effectively. Lau emphasized that as DPL seeks to modernize annuities, breaking down barriers to adoption is critical. This includes everything from repricing existing products to pioneering new technological solutions that enhance accessibility.
The Value of DPL’s Platform
DPL’s platform caters to over 6,500 firms directly and is also integrated within platforms like Black Diamond, Orion, and Envestnet/Tamarac. This broad reach allows RIAs to explore a comprehensive range of annuity products and insurance solutions, ensuring that their clients are getting the best options available in the market.
Feedback Mechanism for Continuous Improvement
As part of the advisory board's initiative, members have been engaged in detailed discussions to ensure they are positioned to provide actionable feedback to DPL’s team. These discussions include reviews of DPL’s strategic roadmap, focusing on innovative insurance solutions and products that serve the evolving needs of RIAs and their clientele.
Dedicated Advisory Board Members
The advisory board comprises notable experts in the financial services field. The members include:
- Don Calcagni, Chief Investment Officer at Mercer Advisors
- Brian Deely, Co-founder and Principal of Clear Creek Financial Management
- Tommy Derrick, Insurance Sales Director at Beacon Pointe Advisors
- Brock Eson, Wealth Advisor at RFG Advisory Group
- Joe Gaj, Director of Insurance at Wealth Enhancement Group
- Taylor Jobe, Managing Member at MKT Advisors
- Steve Lewit, President and Co-founder of SGL Financial
- Gabriel Lewit, CEO and Co-founder of SGL Financial
- Joe Macdonald, Director of Insurance at Avior Wealth Management
- Curtis Parry, CEO and Founder of Unique Wealth
- Neil Quinlan, Partner and Head of Operations at Cerity Partners
- Matt Regan, President and CEO of Wealthcare Capital Management
- Dan Rohlfing, Senior Financial Advisor at Lantz Financial
- Shannon Stone, Wealth Advisor at Parallel Advisors
- Andrew Vella, Investments & Due Diligence at NewEdge Wealth
About DPL Financial Partners
DPL Financial Partners stands as the premier insurance marketplace designed to connect registered investment advisors (RIAs) with top-tier solutions from leading insurance carriers across the nation. Their offerings, including proprietary tools and embedded technologies, empower RIAs to seamlessly incorporate insurance and annuities into their service model. Ultimately, clients benefit from competitive pricing, transparent fiduciary practices, and a wide array of solutions that fulfill diverse financial planning needs.
Frequently Asked Questions
What is the purpose of DPL's advisory board?
The advisory board aims to provide insights and guidance on developing fee-based products and enhance the integration of annuities and insurance solutions in client portfolios.
Who are some members of the advisory board?
Notable members include Don Calcagni from Mercer Advisors and Neil Quinlan from Cerity Partners, among others.
How does DPL Financial Partners benefit RIAs?
DPL offers tools and a system that allows RIAs to incorporate annuity and insurance products with transparency and at competitive prices.
What current services does DPL provide?
The platform supports over 6,500 firms and integrates with financial platforms, enhancing access to various annuity and insurance products.
Why is modernizing annuities important?
Modernizing annuities aims to eliminate adoption barriers, making these financial products more accessible and relevant for today's advisors and their clients.
