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DPL Financial Partners Names Tom McCarthy Chief Distribution Officer

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DPL Financial Partners has appointed Tom McCarthy as its new Chief Distribution Officer to lead sales and distribution efforts. This strategic move aligns with DPL's ongoing expansion in delivering advisory-centric insurance and structured solution offerings tailored to registered investment advisors (RIAs) and wealth management firms. McCarthy brings extensive experience, having previously led significant growth initiatives at Orion Advisor Solutions and AssetMark, contributing to substantial assets under management growth and successful enterprise integrations. In his new role, McCarthy will focus on accelerating DPL's market penetration within the RIA and broader wealth management ecosystem by leveraging innovative investment strategies and advanced technology platforms. DPL serves a broad user base of approximately 8,500 firms with a combined $3 trillion in assets under management, recently surpassing $5 billion in assets under administration on its annuity and insurance platform. DPL Financial Partners operates as a commission-free annuity marketplace, providing fiduciary-compliant insurance and annuity products sourced from leading U.S. carriers. Its proprietary technology facilitates RIAs in integrating insurance solutions into their financial planning, aiming to enhance client outcomes through transparent and competitively priced offerings. The addition of McCarthy signals DPL's commitment to scaling enterprise-level adoption and driving organic growth through structured insurance solutions. The appointment reflects broader industry trends toward holistic wealth management models that incorporate diversified protection and income strategies to meet evolving client demands. This executive hire positions DPL to capitalize on expanding interest in advisory insurance solutions and accelerate growth at an unprecedented scale within the competitive RIA platform market, underscoring the company’s strategic focus on technology-enabled distribution and fiduciary compliance.