DPL Financial Partners Expands RIA Focus with New Sales Leader Appointment

DPL Financial Partners, a leading annuity and insurance platform for registered investment advisors (RIAs), has appointed Tom McCarthy to lead its sales and distribution efforts. This strategic hire aligns with the firm's ongoing expansion in serving high-growth RIAs and enterprise firms seeking scalable insurance and annuity solutions. McCarthy brings extensive experience from his previous roles at Orion Advisor Solutions and AssetMark, where he significantly contributed to asset growth and enterprise integrations within the wealth management sector. In his new role, McCarthy will focus on expanding DPL's advisory-centric insurance, structured solutions, and enterprise adoption across the RIA and wealth management ecosystem. DPL currently supports a network of 8,500 firms managing a combined $3 trillion in assets under management (AUM) and recently surpassed $5 billion in assets under administration (AUA) on its platform. The company's technology-driven model offers commission-free annuity marketplaces, facilitating fiduciary-compliant insurance and annuity incorporation into RIA practices, aiming to enhance client outcomes with transparent and competitive solutions. This move reflects the broader industry trend towards integrating insurance with advisory services using innovative technology to drive organic growth and improve client service capabilities.