Podcasts about dpl financial partners

n this episode, Jackson Bradley talks with Matt Robinson, Internal Consultant at DPL Financial Partners. They discuss the operational side of annuities and how they have improved over time. Matt shares how DPL simplifies annuity application processes for advisors and their clients, as well as its tech-forward tools, like the Apply Now feature, to streamline the process and save advisors time and effort. Learn more at https://www.dplfp.com/series/advisor-revelations-podcast.

Episode SummaryIn this episode of Advisor Revelations, Amy Arnett, VP of Insurance Solutions at DPL Financial Partners, talks with Angel Melgoza, Director of Financial Planning at Your Financial Pharmacist, about asset and income protection. They cover the importance of disability income insurance in financial planning, the ideal client for such coverage, the rule of thumb on disability income insurance, and how to address potential gaps in group disability insurance. Learn more at https://www.dplfp.com/series/advisor-revelations-podcast.

In this episode, Logan Cheatham talks with John Watson, Internal Sales Consultant at DPL Financial Partners, about how retirees can secure a stable retirement income. They discuss the current state of the economy, the retirement status for most people in America, and the 4% rule. They also explore why advisors should look to insurance carriers to manage risk rather than manage it themselves. Learn more at https://www.dplfp.com/series/advisor-revelations-podcast.

David Lau of DPL Financial Partners discusses the in's and out's of annuities, what to look for in a good annuity and how to utilize them properly in your retirement plan. Annuities are a hot button topic among investors, but my guest in this week's “Retirement Revealed” podcast, David Lau of DPL Financial Partners, sees the inherent problems with how annuities have been treated in the past. He shared his thoughts on how we can change the way annuities are purchased and perceived. The Controversy of Annuities Annuities often find themselves at the center of controversy in the financial world. On the one hand, Nobel Prize-winning economists and retirees alike appreciate the security and guaranteed income they provide. Yet, the mention of annuities can provoke strong negative reactions, mainly due to their high fees and the commissions they generate for salespeople. The irony is that while people might dislike annuities, they cherish their pensions and Social Security, both of which are essentially forms of annuities but without the hefty fees. High Commissions: The Root of the Problem? The high fees associated with annuities often stem from high commissions. This structure has led to situations where clients are sold products that might not be in their best interest, simply because they generate higher commissions for the advisor. For example, I had a client who was recommended to switch from one annuity to another. Upon review, the new annuity did not offer better guarantees, yet the advisor stood to earn a significant commission from the switch. This kind of practice erodes trust and tarnishes the reputation of annuities as a financial product. The Long Surrender Periods Another significant issue with many annuities is the long surrender periods. I recall a case where an annuity purchased in 2005 had a 17-year surrender period, with a penalty as high as 20% in the initial years. Such conditions can trap clients in unfavorable contracts, making it difficult for them to access their funds without substantial penalties. This lack of flexibility further contributes to the negative perception of annuities. Evaluating the Real Benefits Despite these drawbacks, annuities can be beneficial under the right circumstances. They offer tax deferral, guaranteed lifetime income, and downside protection, which can be valuable for certain individuals. However, it's crucial to evaluate whether these benefits align with your financial goals. For instance, if you're not seeking lifetime income or don't need the tax deferral benefits, an annuity might not be the best choice for you. The Importance of Tailored Financial Advice What stands out in the annuity debate is the need for personalized financial advice. The Retirement Income Style Awareness (RISA) profile, for example, helps determine the best investment strategies based on your individual goals and risk tolerance. This approach contrasts with the one-size-fits-all mentality that sometimes pervades the industry. Everyone's financial situation is unique, and the right financial product should fit their specific needs, not the other way around. The Role of Different Financial Advisors Understanding the type of financial advisor you're working with can also shed light on the recommendations you receive. Advisors affiliated with big brokerage firms, registered investment advisors, or insurance companies may have different biases and product offerings. For example, insurance company advisors might lean towards selling more insurance products, while registered investment advisors might not offer enough insurance options. Striking a balance and ensuring your advisor is independent and unbiased can help you receive more holistic and beneficial advice. Moving Towards Fee-Based Models One promising development is the shift towards fee-based models, which can eliminate the conflict of interest inherent in commission-based sales.

Episode 033: The financial world thrives on relationships, not just with individual clients but with strategic partners who can supercharge offerings and take the business to new levels. However, forging successful partnerships takes more than a handshake. It requires alignment from sales teams, product experts, and executives united by a shared vision of mutual benefit. In this episode of The Connected Advisor, Kyle is joined by Rachel Cameron, Director of Strategic Partnerships at DPL Financial Partners. Having spent most of her career in wealth management, Rachel has created integrated technology solutions and solved problems for independent wealth advisors. At DPL, she brings focused expertise in technology integrations, operational efficiency, and company growth strategies.  Rachel talks with Kyle about building successful partnerships and providing great financial services. She discusses the different types of partnerships and the need to define the relationship clearly. Rachel also highlights the value of a crawl, walk, run strategy and the importance of aligning sales teams, product teams, and executives. In the end, Rachel draws parallels between leading a Girl Scout troop and organizational leadership, emphasizing the need for organization, communication, and building confidence, courage, and character. Join us as we discuss:  [02:03] - The money moment that led Rachel to wealth management. [04:04] - What makes great client service. [08:26] - What a partnership between technology companies looks like. [10:59] - Different types of partnerships. [14:20] - How RIAs can build better partnerships. [16:18] - How to measure the success of partnerships. [19:03] - An example of a great partnership strategy. [22:35] - The parallels between leading a Girl Scout troop and organizational leadership. [28:01] - Rachel's thoughts on the future of the wealth technology industry. [32:41] - Milemarker minute: Best restaurant, best book, favorite industry conference. Key Takeaways Successful partnerships require alignment and excitement from sales teams, product teams, and executives. Tailoring messages and making things easy for others is crucial in providing great service. Defining clear goals is crucial to the success of a partnership. The crawl, walk, run strategy allows partnerships to grow and evolve over time. Quotes "When I think of a really good partnership, there are things happening that fire on all cylinders. There's got to be a buzz and excitement around what you're doing." ~ Rachel Cameron  "If you really want partners that you're running with, you have to be okay with the slow burn of a crawl, walk, run, and really building to get to that place where you're in lockstep with the partner and you're truly winning together." ~ Rachel Cameron  "The best partnership is one that is well-educated. Start slow and be very intentional to sign the right partner who is excited about doing what you're doing." ~ Rachel Cameron Links  Rachel Cameron on LinkedIn Rachel Cameron on Twitter DPL Financial Partners Merrill Lynch Black Diamond Wealth Platform Tyrone Ross Jr. Crying in H Mart Future Proof Connect with our hosts Milemarker.co Kyle on LinkedIn Jud on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify YouTube Google Podcasts Produce game-changing content with Turncast Turncast helps your company grow by producing top-quality content and fostering transformative conversations. We specialize in content generation, podcasting, digital strategy, and audience growth for fintech and financial services companies. Learn more at Turncast.com.

Long-term care planning is an important component of comprehensive financial planning. It extends beyond the conventional boundaries of investments and savings, acknowledging the inevitability of aging and potential health challenges. As the need for long-term care planning continues to grow, the partnership between advisors and DPL Financial Partners will play a crucial role in unlocking the value of long-term care insurance and ensuring that clients receive the best possible coverage.In today's episode, DPL Director of Insurance Solutions Amy Arnett is joined by Thomas Dettre. Thomas is the President and Founder of True North Financial Planning. Thomas has over 30 years of professional accounting and financial experience, encompassing personal financial planning, public accounting, and corporate financial management. He is passionate about helping people find the right financial planning solutions, wherever someone may be in their life. Thomas believes in a holistic planning approach, encompassing a person's whole financial picture and centered around the achievement of financial planning goals built on life goals. With an understanding of how to help clients make the right decisions about retirement and long-term care insurance, Thomas talks about how advisors successfully implement long-term care through DPL's Insurance Desk and what strategies are currently bringing their clients success.Key Takeaways[01:22] - Thomas' professional background and what True North does.[02:44] - How Thomas first learned about DPL.[04:29] - What motivated Thomas to dive into the insurance space?[06:24] - Why Thomas considered DPL as the best partner.[10:35] - Utilizing the DPL Life Desk as a one-stop shop for insurance solutions.[12:46] - Positioning long-term care as a financial protection tool.[17:55] - A case study of couples obtaining hybrid life long-term care insurance.

The transition to independence can be a challenging process for financial advisory firms. However, with the right partner, the journey can be made smoother and more efficient. The story of BlueStem Wealth Partners' successful evolution to a fee-only RIA highlights their commitment to their clients. It showcases how, with the right support, technology, and a forward-thinking strategy, firms can navigate this intricate process to survive and thrive in their service offerings.In today's episode, DPL's Regional VP of Member Success, Ross McGoodwin, talks with BlueStem Wealth Partners' Steven Rice and Scott Marquardt. Steven is a partner and the chief financial officer, with 32 years of experience in the financial industry. Scott is a private wealth advisor at the company with over 18 years of financial advisory experience. He is responsible for strategic sales leadership and serving high-net-worth clients. At BlueStem, they strive to help individuals find confidence, purpose, and success in their financial future.Steven and Scott talk with Ross about how firms like BlueStem Wealth Partners transitioned their book of business through DPL's Breakaway Accelerator program. They highlight the reasons behind their decision, including the desire for transparency and true independence. Both also share their experiences working with DPL Financial Partners and how the partnership has helped them transition their assets. Key Takeaways[01:25] - An overview of guests' professional backgrounds.[03:44] - The reasons behind BlueStem's transition to a fee-only model.[10:07] - Surprising success in transitioning assets with DPL's assistance.[12:36] -The benefits of rising income feature in annuity contracts.[14:40] - Leveraging technology with DPL dashboard.[18:49] - How DPL provides scalability and support to partner firms.[20:36] - Growing partnership and expanding product options.[22:59] - Transitioning to RIA with DPL made easier.

Tax planning is a multifaceted approach that extends beyond simply complying with tax obligations. It's about leveraging tax benefits and implementing strategies that meet the individual's goals. Among the many strategies available, annuities are unique and effective tools that help individuals secure their financial future while minimizing the tax burden. Annuities can be tailored to meet individual needs and are often combined with other tax-saving strategies to create a comprehensive plan for maximum retirement savings.In this episode, DPL's Regional VP Jonathan Barth is joined by Patrick Perry, Consultant at DPL. Before working at DPL, Patrick served as an annuity specialist at Larry Gordon Agency. He takes pride in helping RIAs identify opportunities to grow their AUM and better serve their clients using commission-free insurance and annuities.Patrick and Jonathan discuss strategies for mitigating taxes and maximizing growth in a financial plan. They highlight the upcoming changes to tax cuts in 2025 and how they will impact clients' tax bills. They also explore the benefits of using annuities in tax planning, such as the RMD strategies, investing in annuities for high-net-worth clients, tax-efficient withdrawal strategies, tax-free exchanges, and qualified charitable distributions.Key Takeaways[02:54] - An overview of Patrick's professional experience.[05:07] - Patrick's key takeaways on what will happen when taxes are rolled back in 2025.[06:30] - Strategies to mitigate taxes.[07:15] - How required minimum distributions (RMDs) work in annuities.[09:02] - Benefits and limitations of the RMD strategy.[11:34] - Key strategies for high-net-worth clients.[15:17] - How annuity withdrawals are taxed.[15:48] - Tax-efficient withdrawal strategies. 17:44] - Tax-free exchange available at DPL Financial Partners.[19:19] - What the qualified charitable distribution is all about.

Annuities can be powerful tools for legacy planning when used strategically. The non-qualified stretch, return of premium death benefits, and the ability to receive income while preserving the death benefit all contribute to a comprehensive legacy planning strategy. By dispelling misconceptions and exploring these unique strategies, advisors can help their clients achieve their legacy goals while maximizing the benefits of annuities.In this episode, DPL's VP of Member Success, Tim Rembowski, talks with Nate Johnson, RIA Consultant at DPL Financial Partners. They discuss legacy planning and address common misconceptions about annuities. They cover topics such as the non-qualified stretch, the flexibility of annuities in terms of fees and investment options, and the benefits of return of premium death benefit riders.Key Takeaways[02:03] - How the non-qualified stretch annuities work.[04:16] - Flexibility and investment options during the stretch period.[07:14] - Strategies for resetting the return of premium death benefit rider.[11:13] - Misconception about annuities for income and loss of death benefit.[14:14] - The impact of an annuity reaching its end on one's legacy planning.[15:50] - Summary of main topics discussed.

Traditional retirement plans, like 401Ks, are undoubtedly valuable instruments for accumulating savings, typically offering lower-cost fund options. However, their inherent limitations can restrict the full range of options available for retirees to build an optimal income strategy. As a result, it becomes imperative for advisors and their clients to explore alternative avenues to address the income gap more comprehensively.In this episode, DPL Lead RIA Consultant Leslie Grant talks with John Watson, Internal Sales Consultant at DPL Financial Partners. John brings 25+ years of industry experience and annuity wholesaling to DPL. John believes in holistic financial planning, especially when it comes to managed assets, annuities, income, and protection strategies.With a strong annuity and insurance background, John talks to Leslie about utilizing deferred income strategies to capture assets for clients heading into retirement and the efficiency these solutions and strategies can provide to advisors and client portfolios.Key Takeaways[01:06] - What deferred income is and why it is an area of opportunity for advisors and their clients.[02:08] - How to maximize cash flow allocated to a deferred income strategy.[03:26] - Strategies advisors use to evaluate deferred income situations.[07:53] - How RISA helps advisors achieve success for their clients.[09:28] - Why investors need to source retirement income from qualified accounts.[13:16] - John's approach to discussing the early funding process with clients.[17:24] - How annuities can help advisors retain and grow their businesses.[21:08] - What role can lifetime income play in resolving future challenges?[24:51] - How an annuity can benefit a portfolio with 8% annualized returns and fixed income.

The emergence of digital platforms and new technologies has transformed the way advisory firms operate and serve their clients. This shift has not only made it easier for advisors to streamline their workflows and improve their efficiency but also enabled them to provide better services to their clients. In this episode, DPL's Regional VP Ross McGoodwin talks with Martin Nitzken, Membership Consultant at DPL Financial Partners. Before joining DPL, Martin worked in orthopedics, where he discovered his passion for improving personal health and security. Pivoting to the financial sector, he has joined DPL to assist member firms in organically growing their AUM while implementing greater outcomes for their clients. With DPL Membership being a game-changer for clients and advisory firms, Ross and Martin talk about how advisors can take advantage of the membership to access cutting-edge tools and technology to grow their firms.Key Takeaways[01:20] - An overview of Martin's role at DPL.[04:02] - How Martin helps advisors provide a holistic service to their clients.[06:39] - How advisors can use the DPL platform to grow their Assets Under Management (AUM).[07:54] - What growth looks like for firms using the DPL platform.[09:16] - How the AIM's Breakaway Accelerator Program works.[11:49] - How DPL leverages technology to help advisors.[15:42] - What Black Diamond and DPL's partnership looks like.[18:08] - How advisors use Retirement Income Style Awareness (RISA) in their planning process.[19:28] - How DPL has changed its approach to life insurance.[21:04] - The typical journey for anyone who wants to join DPL.[23:43] - What makes DPL membership a good opportunity for 2023?[25:50] - The current state of guaranteed income.

Episode 6 opens with the conclusion of my interview with delightful sisters JJ Elliott Hill and sister Natalie Handy who share the complex realities of caring for an aging loved one. Their podcast series "Confessions of a Reluctant Caregiver" is advertised as a judgement free zone where caregivers can be their most authentic selves, confessing their truths without shame or fear of rejection. David Lau, founder, and CEO of DPL Financial Partners, returns to discuss the benefits of MYGAs which is a Multi-Year Guaranteed Annuity product gaining popularity especially following recent bank collapses. More information about MYGAs can be found at dplfp.com. LaDonna Koebel, Executive Director of the Office of Senior Protection and Mediation in the Kentucky Office of the Attorney General, discusses types of scams that pop up following natural disasters. She also shares prevention tips like how seniors can protect themselves from more popular scams focused on grandchildren.

Comfort is the enemy of progress, especially in business. Adapting to new models and driving change is frightening, due to fear and risk of failure. Some industries are better than others at embracing disruption, but the insurance industry often needs to catch up. When systems are working well enough, not everyone sees value in taking a different approach. Change may be uneasy, but it also brings the possibility to improve, grow, and advance. This week, Jack talks with David Lau, Founder and Chief Executive Officer of DPL Financial Partners about disrupting the insurance industry. David has been an innovator for every business he has built, with extensive experience dating back to his role as the Chief Marketing Officer of E*Trade Bank, and its predecessor TeleBank. David has been at the forefront of developing products, platforms, and distribution systems that allow RIAs to implement commission-free annuities into their clients' portfolios. In this episode, David talks to Jack about how DPL drives change in the insurance industry by offering commission-free annuities. They discuss how annuities can enhance outcomes, which mistakes financial advisors should avoid with their clients, and where David sees the industry going. Key Takeaways [01:36] - An introduction to David. [05:53] - What does DPL Financial Partners do? [08:23] - The powerful combination of technology and human interaction. [10:38] - How annuities can enhance outcomes.  [14:39] - An exciting project David is working on. [19:28] - Why retirees seek stability. [23:27] - David's predictions for the future of the industry. [27:17] - How David spends his time outside of work. Quotes [04:48] - “It's easy to become beholden to your existing distribution, but anybody could see that the way the world was going and continues to go, is away from commissions and towards fees.” ~ David Lau [09:14] - “The ultimate value proposition we're delivering to an RIA is we're giving you the ability to grow. We're gonna help you bring in held-away assets. We're going to help you get more wallet share. We're gonna help you attract new customers.” ~ David Lau [14:28] - “We're solving problems, not selling products.” ~ David Lau Links David Lau | LinkedIn DPL Financial Partners Nationwide Advisory Solutions  Alex Murguia Wade Pfau E*Trade Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

As retirement approaches, many individuals begin to consider their income streams for the future. While traditional retirement strategies often rely on pensions, Social Security, and personal savings, there are alternative approaches to ensure a more stable income stream throughout their retirement years. In this episode, Jonathan talks with Leslie Grant, Lead RIA Consultant at DPL Financial Partners. Prior to working at DPL, Leslie spent five years working for a prominent insurance carrier and four years with a boutique investment manager. Her comprehensive understanding of product construction, the insurance industry at-large, and her belief that all clients could benefit from the opportunity to retire with security shows in her work. Committed to helping Americans navigate and manage change in retirement, Leslie talks with Jonathan about alternative retirement income strategies. They dig deep into the unique ways to fund and diversify retirement income and what advisors can do specifically around pension buyouts. Key Takeaways[01:38] - Leslie's conversation with advisors about funding retirement income.[05:39] - How retirees can maximize their retirement income.[08:31] - Other rollover opportunities and unique ways advisors manage assets.[14:26] - The impact of rising interest rates on FIAs and RILAs.[18:08] - What the rising interest rate environment means for MYGAs.

Taxes and annuities are two essential components that can significantly impact a client's overall outcome. While they may seem a separate topic, financial advisors can leverage these strategies to deliver better outcomes. In this episode, Jonathan talks with Jackson Bradley, Consultant at DPL Financial Partners. Prior to joining DPL, Jackson led the startup of MDM CPG, bringing a new brand of butter cookies to the marketplace. He also spent time as an internal wholesaler with Lincoln Financial Group. Passionate about helping advisors organically grow their AUM while improving client outcomes, Jackson talks with Jonathan about taxes and annuities, how these strategies can play and work together, and what concerns advisors have as tax season approaches.Key Takeaways[01:48] - Tax concerns advisors have at the moment.[02:57] - How DPL can help advisors with their tax-related concerns.[06:11] - What are Multi-Year Guaranteed Annuities (MYGAs), and how do advisors use them?[09:54] - How DPL helps clients with their year-end planning.[11:34] - How DPL advisors handle old annuities' taxes.[16:40] - Jackson's key takeaways.

Interest rates have been a hot topic in the financial world for some time now. Financial advisors have been facing mounting stress and pressure to help their clients navigate this challenging environment. As the current interest rates continue to present challenges for financial advisors and their clients, what strategies and solutions can help advisors grow their firms and AUM and deliver greater benefits to the client's financial plan?In this episode, DPL's Regional VP Jonathan Barth talks with Nate Johnson, Consultant at DPL Financial Partners. Nate is passionate about helping member firms organically grow their AUM while creating the best possible outcomes for their clients through DPL's Commission-Free insurance platform.Jonathan and Nate talk about evaluating new solutions and strategies to help advisors grow their firm and AUM. They also speak about the current interest rate environment, its impact on annuities, and how advisors deal with some of the stress and pressure this environment brings.Key Takeaways[01:16] - Advisors' thoughts on the impact of the current rate on client portfolios.[03:20] - The misconceptions about the rising interest rate.[05:34] - How advisors deal with the current rate environment.[07:55] - Annuities with higher upside potential.[09:33] - How annuity fits into a 60/40 portfolio.[13:17] - Why DPL's Fixed Income Comparison tool can be very useful.[17:52] - Nate's key takeaways.

David Lau, Founder and CEO of DPL Financial Partners, returns to share his insights on a new year of investment opportunities for the day-to-day to investor or retirement planning. Founder & CEO Lamont Collins shares the success of Roots 101 African American History Museum which has been named one of Architectural Digest's 2020 list of the top 20 museums worldwide, one of USA Today's Top 10 Best New attractions of 2021, and was a recipient of the 2021 Ford Foundation Grant.

The use of annuities by RIAs continues to grow. David Lau, one of the leading pioneers in the space, joins us today. David is the founder and CEO of DPL Financial Partners. We talk about the opportunities and challenges of "poking the bear" - and creating better retirement plans for clients in the process. Links mentioned in the show:

Meet Diane Gilman who is a pro-age advocate, fashion designer, and creator of DG2 jeans for women. Her career ignited when Janis Joplin and Jimi Hendrix began wearing her customized jeans. She had her greatest success selling 19 million pairs of DG2 jeans at age 60 on QVC/HSN. Enjoy Part One of the origin story of David Lau, Founder and CEO of DPL Financial Partners. His work has received coverage in the Wall Street Journal, New York Times and other financial media. David shares the beginning of his stellar career at E Trade Bank and Telebank which was the nation's first internet bank. Then discover how someone who began selling watches in 1887 and hired a repair man to fix them in 1889 launched an iconic consumer shopping experience that lasted 132 years.

In this episode, we talk to David Lau, a RISA® Advisory Board member. David is the Founder and CEO of DPL Financial Partners. DPL helps advisors and their clients find contractual income solutions on a fee-only basis. Join us as we discuss with David how consumers are benefiting from new innovations in the financial services industry. DPL is a firm ahead of its time and you'll definitely want to hear as a consumer what's in store and as an advisor how you can bring your clients the latest innovations in contractual income solutions. Links: Retirement Income Master Class for Advisors Registration Page: https://risaprofile.com/masterclass   This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

When it comes to maintaining a successful RIA business, client experience is everything. That means creating an experience that is convenient, transparent, and personal. A great product is important, but having a great team to support your clients is even more critical. That is why partnering with a firm that is equally committed to client service is essential.In this episode, DPL's Regional Vice President Jonathan Barth talks with Curtis Parry Jr., Founder and CEO of Unique Wealth. Also a wealth management advisor, Curtis offers world-class investment and wealth management expertise. He works exclusively with retired and upcoming retirees who need guidance and a trusted partner guiding them toward retirement. Curtis and his team at Unique Wealth offer their expertise in providing comprehensive financial planning and organizing clients' financial affairs.Curtis talks with Jonathan about his strategies for helping retirees mitigate risk in their portfolios and how Unique Wealth's partnership with DPL Financial Partners has enabled him to expand his services and deliver better service to his clients.Key Takeaways[01:15] - A look at Curtis' journey to building an independent RIA.[03:46] - The type of annuity Curtis believes is most beneficial.[06:17] - Among the most promising candidates for annuities.[08:46] - How clients use annuities in their financial planning.[12:20] - How DPL has helped Curtis learn about different annuities.[15:12] - What makes DPL's product solutions different from others.[18:44] - Curtis' biggest aha moment after partnering with DPL.

2023 AARP Purpose Prize Winner Reverend Dr. Jamesetta Ferguson, President & CEO of MOLO Village, CDC, reflects on the mission of her organization located in an economically depressed area. David Lau, President & CEO of DPL Financial Partners, discusses RISA as one of his firm's popular retirement tools. Episode ends with an incredible story of international success while facing financial ruin after the Civil War.

Numerous surveys indicate seniors fear running out of money in retirement. David Lau, Founder and CEO of DPL Financial Partners, shares their scientific researched Guaranteed Income Analysis (GIA) tool designed to allay these concerns. Debbie Burdof shares insights into the challenging and practical sides of providing and coordinating care giving for her aging mother. Including the importance of "giving yourself and family grace" during this transitional phase.

David Lau, founder and CEO of DPL Financial Partners, explains why RIAs should consider commission-free annuities.

Our guest on the podcast today is David Lau, founder and CEO of DPL Financial Partners, which develops and distributes low-cost, commission-free insurance and annuity products. In addition, DPL Financial Partners provides tools and educational resources for registered investment advisors and individual investors. Prior to founding DPL, David was chief operating officer of Jefferson National and before that he was principal and co-founder of the Oysterhouse Group, a management consulting firm. He also served as chief marketing officer of E-Trade Bank and its predecessor TeleBank. David received his bachelor's degree in economics from the College of William and Mary. BackgroundBioDPL Financial PartnersAnnuitiesAnnuities—Product OverviewYour Guide to Annuities “Kerry Pechter: How Annuities Fit Into the Retirement Income Puzzle,” The Long View podcast, morningstar.com, May 4, 2021.“DPL Financial RIA Survey Shows Continued Uptick in Annuity Usage,” insurancenewsnet.com, Sept. 30, 2021.“Another Reason Advisors Are Warming to Annuities,” by Bernice Napach, thinkadvisor.com, Sept. 30, 2021.“Talk Your Book: Rethinking the 4% Rule,” Podcast With Wade Pfau and David Lau, dplfp.com, May 2, 2022.“DPL Financial Partners Launches Commission-Free MYGA Marketplace for RIAs,” businesswire.com, Dec. 2, 2021.MYGA Marketplace“A Day at DPL With Wade Pfau | How to Use a Fixed Index Annuity,” by Wade Pfau, dplfp.com, Feb. 3, 2020.“Too Much ‘Hocus Pocus,' ” by Kerry Pechter, retirementincomejournal.com, June 4, 2021.Taxes and Asset Location“The Tax-Efficient Frontier: Improving the Efficient Frontier With the Power of Tax Deferral,” by David Lau, dplfp.com, Sept. 8, 2021.“David Lau on Ways to Enhance the Tax Efficient Frontier at NAPFA Session,” by John Sullivan, thinkadvisor.com, May 19, 2011.Other“Long-Term Care a Big Question in Pandemic,” by Emile Hellez, investmentnews.com, July 2, 2020.

Retirement related worries cover many different aspects of life after paychecks end. Preserving wealth becomes a major concern given Americans age 55+ will spend one third of their life in retirement. Individuals supplementing their retirement with Social Security and other income streams continue to view annuities as a potentially attractive option. However, the fear factor sometimes prevents those over age 55 from risking any type of investment and those who do fall into four categories. In Part One of a Two Part series David Lau, founder and CEO of DPL Financial Partners, discusses two of the four typical investor personalities: (1) The Risk Adverse (not one penny in any type of investments) and (2) The Follower (whatever is easiest or most comfortable) in using annuities to enhance retirement plans. Seasoned writer Lucy M. Pritchett shares short trip ideas for seniors. Episode 6 concludes with the story of a determined young man who despite numerous failures built a recognized brand for shoppers.

In today's episode, Jack talks with David Lau, Founder and CEO of DPL Financial Partners. David has been a pioneer in creating products, platforms, and distribution systems that help RIAs implement appropriate annuity products into household portfolios. David's wealth of experience goes all the way back to his first job as CMO at Telebank, the first internet bank. David talks with Jack about the impact of telemarketing on RIAs, fee-based vs. commission-based structures, and the integration of low-cost insurance and annuity products in portfolios. Key Takeaways [01:40] - How David has been a pioneer in disrupting distribution costs. [05:27] - How the cost structure of commission-free annuities works. [08:32] - How DPL drove significant change in the industry. [10:40] - Why you must adapt your strategy to the particulars of the market. [14:16] - How DPL took downturns and translated them into advances in the platform. [16:12] - Why “concierge service” is great for the RIAs. [19:52] - How annuities impact the four major categories of insurance. [23:22] - David's insights on a fee-based and commission-based structure. [27:19] - How risk mitigation works within portfolios. Quotes [03:06] - “The question around annuities was, how do you deliver value? You look at the way annuities are sold and they're so expensive. You're paying massive commissions and you have very high internal distribution costs in terms of wholesaling. The model for distributing annuities is archaic.” - David Lau [12:12] - “RIAs are never going to have some wholesaler from some insurance company coming into their office every month. There's just no point in it. So I very quickly said we need to change this model to kind of a marketing-driven model. We'll drive awareness through marketing, we'll centralize wholesaling. We'll have a centralized wholesaling force that basically deals with RIAs through the telephone. It made sense for us, but it also made sense for the market” - David Lau [21:17] - “DPL was designed to be a fee-based, no-load, commission-free insurance marketplace. For the RIA, the notion is now that you're more than just an asset manager, you're a wealth manager, and you're addressing this broad spectrum of your client's financial life. It's hard to do that if you can't use insurance.” - David Lau Links  David Lau on LinkedIn DPL Financial Partners Telebank E-trade Charles Schwab Salesforce CNO Financial Group (formerly Conseco, Inc.) Nationwide Advisory Solutions (formerly Jefferson National Life Insurance Company) BlackRock Connect with our hosts LifeYield Jack Sharry on LinkedIn Jack Sharry on Twitter Subscribe and stay in touch Apple Podcasts Spotify LinkedIn Twitter Facebook

In today's episode of the Retirement Lifestyle Show, Erik Olson and Adrian Nicholson talk to David Lau, the CEO and Founder of DPL Financial Partners, an RIA insurance network that brings fee-based insurance solutions from a variety of the nation's top carriers to RIA practices. They explain what annuities are, the emergence of commission-free financial products, and how interest rates affect annuities. David Lau is widely recognized as an innovator and disruptor in the financial services industry. Most recently, he is Founder and CEO of DPL Financial Partners', a privately held financial services firm that specializes in development and distribution of commission-free insurance and annuities for Registered Investment Advisors (RIAs) and individuals. David is a sought-after speaker, commentator, and adviser to financial journalists, insurance carriers, RIA firms, fintech providers and others in the financial services and fintech industries. His work has received coverage in The Wall Street Journal, The New York Times, Barron's, CNBC, Wealth Management, InvestmentNews, and other financial media where he provides insights on industry products, players, trends, and best practices. Earlier in his career, David served as Chief Marketing Officer at E*Trade Bank, and its predecessor Telebank, which was the nation's first internet bank, and served as Chief Operational Officer for Jefferson National, where he led marketing, sales, and operations, and was pivotal in developing the industry's first flat-fee variable annuity product Check Out the DPL Financial Partners Website and connect with David via LinkedIn Roshan can be reached at roshan.loungani@aretewealth.com or at 202-536-4468. Erik can be reached at erik.olson@aretewealth.com or 815-940-4652. Adrian can be reached at adrian.nicholson@aretewealth.com or at 703-915-8905. Follow Us At: Website: https://retirementlifestyleshow.com/ https://www.retirewithroshan.com https://youtu.be/hKVzI87v0tA https://twitter.com/RoshanLoungani https://www.linkedin.com/in/roshanloungani/ https://www.facebook.com/retirewithroshan/ https://www.linkedin.com/in/financialerik/ https://www.linkedin.com/in/adrian-nicholson-74b82b13b/ #retirementlifestylepodcast #fire #podcast #FI #Retire #retirewithroshan #BAM #BusinessAsMission #ImpactInvesting All opinions expressed by podcast hosts and guests are solely their own. While based on information they believe is reliable, neither Arete Wealth nor its affiliates warrant its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions, consult a professional.

In today's episode, Tommy talks with David Lau, Founder, and CEO of DPL Financial Partners. David is a leader and an innovator in the financial services industry. He has a stellar track record in financial services and has made a name in the realm of internet banking. One of his best contributions has been eliminating the commission on annuities, making them more affordable and accessible. David talks with Tommy about the impact of commission-free annuities, the psychology of choice, and the truth about financial advice. [09:50] - “Look at the way things are done within financial services and ask, why is it that way? Can't we improve? How do we bring better value to the end customer? Because if you can do that and you can execute well, you're going to build a successful business.” - David Lau Main Takeaways  [14:37] - There's a lot of great advantages to the structure of an annuity such as tax deferrals, lifetime income, and benefits. If made easily accessible, they can be tremendous assets to a portfolio and retirement plans. [16:58] - Create choice, leverage tech to enable easy product selection, and drive costs down—that's how you deliver client value.  [18:21] - If you want a secured future, consider annuities. There's no better tool than an annuity, as it provides guaranteed lifetime income. [21:10] - There are two “types” of financial advisors, the one who's paid for advice, and the one who only sells their product. The fiduciary rule asks financial advisors to always act in the client's best interest, no matter what. [27:44] - Choose investors wisely. People who have a demonstrated personal history of growth and success are the ones who can bring value to you and your company. Links David Lau on LinkedIn DPL Financial Partners Vestia Advisors Bitcoin Telebank Nationwide Advisory Solutions E-trade Eldridge LA Dodgers Atlas Merchant Capital The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup by Noam Wasserman Todd Boley Connect with our host Mammoth Tommy on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts Learn more about Mammoth Scientific's Health & Tech Fund 1 When you move beyond the point of making sure your retirement goals are on track, your investment opportunities are wider than just publicly traded funds. Step into the world of investing in venture capital by learning more about Mammoth Scientific's Health & Tech Fund 1. Curated by some of the leading medical and fintech experts, Mammoth's Fund 1 is paving the way for health science and tech innovation. If you're interested in helping patient care, provider insight, and instrumentation go beyond possibility and into reality, check it out today at Mammoth.vc. Visit Mammoth.vc today!

On today's Talk Your Book, we spoke with David Lau from DPL Financial Partners about annuities and how financial advisors are dealing with low interest rates. Find complete shownotes on our blogs... Ben Carlson's A Wealth of Common Sense Michael Batnick's The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

Gerry Harrah shares her passion decorating living spaces for victims of spousal abuse, former drug addicts, alcoholics and others on the fringes of society. Jacqueline Teague, 17, and Amelie Beck, 15, created VaxConnectKY which has so far helped 2,000 non-computer savvy senior citizens register on line for the COVID 19 vaccination. David Lau, founder and CEO of DPL Financial Partners shares simplicity of annuities as a possible investment tool for retirement. Despite numerous setbacks the remarkable story of the 17-years Soichi Honda invested in building a multi-billion dollar motorcycle and automobile company.

I'm pleased to report I am now up to episode #50 of my RIA explanatory series!Ironically, I was once told making such episodes would never work.Well, after ignoring that advice, turns out people like (and prefer!) genuine educational content. No one wants to be sold to.Continuing that same theme with episode #50, I was fortunate to be joined by Tim Rembowski of DPL Financial Partners.Tim and I discuss how one of the common misconceptions about the RIA model is not being able to offer insurance solutions to your clients.When in fact, there are now purpose-built offerings to support RIA advisors in doing exactly that.Come take a look!About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors to learn and understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has nearly 20 years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. On his website (TransitionToRIA.com) he has a large catalog of free videos, whitepapers, as well as other resources to help advisors fully understand the RIA model and how it would apply to their unique circumstances.

On today's Talk Your Book, we spoke with David Lau of DPL Financial Partners about all things annuities and how they can help advisors in a low interest rate world. Find complete shownotes on our blogs... Ben Carlson's A Wealth of Common Sense Michael Batnick's The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

Rob and Rory speak with the CEO and Founder of DPL Financial Partners, David Lau, where he emphasizes the importance of annuities to facilitate a new era of retirement planning. With a current database of 3,000 products, 40,000 writers, and 400,000 price points, DPL Financial Partners is the first and leading commission-free annuity and insurance platform for registered investment advisors and carriers. With interest rates at an all-time low and the bond market losing traction for funding retirement plans, David emphasizes how annuities can become a viable option for retirees. For this podcast, David highlights DPL's ability to alleviate interest rate concerns when looking at fixed income as part of one's portfolio. Based on the low-interest rate environment, using an annuity is a little more than 40% more efficient than fixed income in generating income today. David goes on to reveal key strategies for retirement planning in anticipation of the largest transferring of wealth in human history. Additionally, you will find topics on how annuities contribute to accountants improving their holistic wealth management strategy. Listen in on this podcast to learn more from David and our team!

The post #ItzOnWealthTech Ep. 87: The Engine Powering the SS&C Advent Insurance Marketplace with David Lau, DPL Financial Partners appeared first on and was written by Craig Iskowitz. “I know this from my many years at Jefferson National, it was difficult to get the Orions and the BlackDiamonds of the world to build insurance functionality, because they didn't have demand. Their advisors aren't really using these products, so a data feed would be enough. But as there's more demand, the technology becomes necessary […] The post #ItzOnWealthTech Ep. 87: The Engine Powering the SS&C Advent Insurance Marketplace with David Lau, DPL Financial Partners appeared first on and was written by Craig Iskowitz.

David is the Founder and Chief Executive Officer of DPL Financial Partners, a network that connects Registered Investment Advisors and fee-based advisory channels with insurance solutions from the nation's top carriers.  David started DPL with an idea to distribute variable annuities through RIAs and fee-only advisors. That seemed like a gamble at the time. David's hunch proved accurate. In just two years, DPL membership achieved an RIA footprint that approached some of the largest, well-established platforms in the industry.  In this conversation, we discuss how DPL has built a turnkey, product-agnostic insurance platform for RIAs. Insurance is an important part of a holistic financial plan. David argues that advisors can — and should — use insurance products when that's the best and most appropriate solution for their clients. However, fee-only advisors have historically had to refer their clients to outside insurance professionals because of commissions. DPL eliminated the need to do that. Resource Links Looking for more ideas about growing your practice? Join the Model FA Facebook Community, where you will find expert advice on how to launch, grow, scale, and transform your firm with an incredible client experience. Or, check out our Model FA Accelerator, a premier coaching and practice management program for entrepreneurial financial advisors.