DPL Financial Partners Recognized for Innovative Retirement Income Solutions
January 16th, 2025 8:00 AM
By: Newsworthy Staff
DPL Financial Partners wins ThinkAdvisor Luminaries award for transforming annuity accessibility and modernizing retirement income strategies for registered investment advisors, highlighting significant industry innovation.
DPL Financial Partners has been honored with a ThinkAdvisor Luminaries award in the Retirement Income Firm Award – Innovation category, recognizing the company's groundbreaking efforts to revolutionize annuity offerings for financial advisors.
The award underscores DPL's commitment to addressing long-standing challenges in the annuity market, particularly the barriers faced by registered investment advisors (RIAs) in accessing commission-free, transparent retirement income solutions. By developing innovative technology and comprehensive educational programs, DPL is reshaping how financial professionals integrate annuities into comprehensive retirement planning strategies.
Founder and CEO David Lau emphasized the critical role of annuities in financial planning, noting that traditional commissioned structures and lack of integrated technology have historically limited their accessibility. DPL's platform aims to normalize annuities as essential components of robust financial plans by providing low-cost, transparent options tailored to advisor and client needs.
The company's Breakaway Accelerator Program represents a significant advancement, helping advisors transition annuity assets to fee-based advisory models. This initiative demonstrates DPL's understanding of evolving financial service landscapes and commitment to supporting advisor independence and flexibility.
This recognition marks DPL's second Luminaries award, with Lau previously receiving an executive leadership honor in 2021. The award highlights the company's ongoing efforts to modernize retirement income solutions and provide fiduciary-friendly insurance products that meet contemporary financial planning requirements.
By bridging technological gaps and offering comprehensive, commission-free annuity options, DPL Financial Partners is positioning itself as a transformative force in retirement income planning. The ThinkAdvisor Luminaries award validates the company's innovative approach to addressing long-standing industry challenges and empowering financial advisors to deliver more comprehensive, client-focused services.
Source Statement
This news article relied primarily on a press release disributed by 24-7 Press Release. You can read the source press release here,