Gainbridge Partners with RetireOne for Innovative Annuity Solutions
Gainbridge, an established name in the financial services sector, through its affiliate Group 1001, is thrilled to announce a new alliance with RetireOne, a leader in providing independent insurance solutions specifically designed for registered investment advisors (RIAs). This partnership sets a new standard in the annuity marketplace by offering solutions that are both straightforward and efficient for advisors and their clients.
Details of the Strategic Partnership
Through this collaboration with RetireOne, advisors now have direct access to Gainbridge's two exceptional multi-year guaranteed annuity (MYGA) products: FastBreak and SteadyPace. These innovative products not only enhance the advisory toolkit but also provide unique features to better serve clients' financial needs.
What Makes FastBreak Unique?
FastBreak is noteworthy as it is touted as the first non-tax deferred annuity product available through RetireOne. This allows clients to withdraw funds prior to retirement age without incurring early withdrawal tax penalties commonly associated with other MYGAs. FastBreak stands out by delivering a return that is significantly higher than the average certificate of deposit (CD), ensuring clients benefit from both yield and security.
Exploring SteadyPace
On the other hand, SteadyPace offers clients the essence of traditional MYGAs, emphasizing tax deferral and guaranteed principal protection. This combination makes it a strong contender for those looking to secure their retirement portfolio while still experiencing high yields.
Comments from Company Leaders
Justin Wee, the President of Gainbridge, highlighted the significance of this partnership by stating, “Teaming up with RetireOne is in direct alignment with our commitment to provide advisors with innovative and valuable products.” His remarks underline the goal of helping advisors equip their clients with effective financial planning tools.
RetireOne President Jeff Cusack also expressed enthusiasm for this collaboration, noting, “Gainbridge Life’s innovative solutions, such as FastBreak and SteadyPace, represent a substantial advancement for our network of advisors. We are excited to provide these high-yield options alongside the security that clients expect.
Understanding Gainbridge's Commitment to Clients
Gainbridge remains steadfast in its dedication to transparency and simplicity in financial services. Their products are crafted to fulfill the needs of both advisors and clients, featuring no hidden fees and clear investment principles. Gainbridge operates under the trusted authority of Gainbridge Life Insurance Company, which consistently earns high ratings for financial strength and reliability.
A Look into RetireOne's Services
Since its inception, RetireOne has prioritized empowering RIAs and fee-based advisors with competitive insurance options from a range of highly rated companies. This emphasis on accessibility and clarity has allowed the platform to serve over $1.8 billion in retirement savings effectively.
Expanding Financial Solutions
With more than 1,400 employees and approximately $65.2 billion in assets under management, Group 1001, which includes Gainbridge, plays a pivotal role in the financial services landscape. Their diverse portfolio and strategic partnership approach ensure that all clients, whether they are individual investors or retirement planners, find solutions that suit them.
Frequently Asked Questions
What products are offered through the Gainbridge and RetireOne partnership?
The partnership offers two key annuity products: FastBreak and SteadyPace, designed to meet the needs of registered investment advisors and their clients.
What is unique about the FastBreak product?
FastBreak is distinctive because it allows withdrawals prior to retirement age without incurring early tax penalties, making it a flexible option for clients.
How do the products benefit registered investment advisors?
Both FastBreak and SteadyPace provide advisers with innovative tools to enhance client portfolios with reliability and high returns.
What is Gainbridge's approach to financial services?
Gainbridge emphasizes transparency, simplicity, and competitive products without hidden fees, focusing on empowering its clients effectively.
What is RetireOne’s mission?
RetireOne aims to provide easy-to-use and understandable retirement solutions to RIAs and their clients, helping them achieve financial security with outstanding service.
