Portfolio

Pacific Life Launches Advisory Annuities Through DPL Financial Partners

The launch continues Pacific Life’s expansion into the independent registered investment adviser market

March 31, 2020 — NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life announced today that the company’s two fee-based, advisory annuities, Pacific Odyssey® and Pacific Index Advisory®, are now available through DPL Financial Partners insurance network for independent registered investment advisers (RIAs).

“With recent market volatility, we know that RIAs are looking for strategies to deliver protection and lifetime income options as their clients transition from wealth accumulation to distribution,” said Doug Mantelli, vice president of RIA Strategy at Pacific Life. “Pacific Life is excited to work with DPL to expand access to our products and solutions to RIAs.”

‘Membership Model’

With a membership model that streamlines access to commission-free insurance and annuities, DPL’s turnkey insurance platform enables RIAs and fee-only advisers to easily compare and implement solutions into their holistic planning process.

“As we continue to bring commission-free products from top carriers to the RIA market, we are thrilled to offer Pacific Life’s no-load annuities to DPL members,” said DPL Founder and CEO David Lau. “In these challenging markets, the value of annuities for secure income becomes increasingly apparent.”

Pacific Odyssey, Pacific Life’s fee-based, advisory variable annuity, offers individuals the ability to grow retirement savings through tax deferral, convert assets to lifetime retirement income, and leave a financial legacy through a guaranteed death benefit. RIAs can build a diversified portfolio that meets their clients’ needs and manages their investment strategies by transferring among a diverse selection of investment options.

membership model enables RIAs and fee-only advisers to easily compare and implement solutions into their holistic planning process...

Pacific Index Advisory, a fee-based, fixed indexed annuity, is designed for clients who want to protect principal while giving them the opportunity to grow contract value through market-based interest crediting. Clients will never lose principal due to market performance as this product is not a security, and their money is not directly invested in the market. Plus, any interest earned because of positive index performance is added to the contract value and protected from any future market downturns. In addition, the rates and caps for Pacific Index Advisory do not change throughout the entire length of the initial guaranteed period.

DPL Financial Partners and Pacific Life are separate, unaffiliated firms that are not responsible for each other’s services or policies.

 

 

 

About Pacific Life
For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2020 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial-strength ratings, visit www.PacificLife.com.
About DPL Financial Partners
DPL Financial Partners is the turnkey insurance management platform that brings commission-free solutions from a variety of the nation’s top carriers to RIA practices. DPL has created a marketplace of no-load products that enables RIAs to incorporate insurance and annuities into their practice to more holistically serve their clients. Clients may benefit from products with improved pricing and fiduciary implementation. www.dplfp.com