New products increase RIA network’s offerings from longtime carrier partner Great American
LOUISVILLE, KY, April 07, 2020 /24-7PressRelease/ — DPL Financial Partners (“DPL”), the leading insurance network for registered investment advisors (“RIAs”), today announced it will offer two additional commission-free annuity products from Great American Life Insurance Company to RIA member firms. Great American’s Index Protector 4 and Index Protector 5 MVA (market value adjustment) fixed-indexed annuities feature shorter surrender periods than the Index Protector 7, which is already available through DPL.
“As advisors become increasingly comfortable with using fixed-indexed annuities as a fixed income alternative, we want to continue to selectively expand the number of options they have to work with” said DPL Founder and CEO David Lau. “Great American is a leader in tailoring products for RIAs and integrating with their unique client reporting and billing requirements, so when we wanted to add some shorter surrender period options, these products made great sense.”
The Index Protector 4 and Index Protector 5 MVA are available on the DPL platform now.
“We are pleased to expand our relationship with DPL and to be able to offer its growing ranks of members more choices in fixed-indexed products,” said Tony Compton, Divisional Vice President of Broker/Dealer and RIA Sales at Great American. “Given the current market conditions and potential impacts on clients’ retirement portfolios, we believe advisors will welcome these new options.”
The addition of Great American’s Index Protector 4 and Index Protector 5 MVA fixed-indexed annuities brings the number of commission-free annuity and life products available to DPL members to well over 30 products.
About DPL Financial Partners
DPL Financial Partners is the first and leading RIA turnkey insurance management platform that brings commission-free insurance solutions from a variety of the nation’s top carriers to RIA practices. DPL has created a marketplace of no-load insurance products that enables RIAs to incorporate insurance and annuities into their practice to more holistically serve their clients. Clients benefit from products with improved pricing and fiduciary implementation rather than a commissioned, sales-driven ones. www.dplfp.com
About Great American
The annuity operations of Great American Insurance Group (GAIG) offer retirement solutions through the sale of traditional fixed and fixed-indexed annuities in the retail, broker-dealer, financial institutions and registered investment advisor markets. Annuity subsidiaries include Great American Life Insurance Company® and Annuity Investors Life Insurance Company®. GAIG’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. The members of GAIG are subsidiaries of American Financial Group, Inc. (AFG). AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG. AFG is a Fortune 500 Company with more than $70 billion in assets as of December 31, 2019. Learn more at GAIG.com.
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