InspereX Partners with AuguStar Retirement to Expand Annuity Distribution

InspereX has announced its strategic expansion into the annuity market by partnering with AuguStar Retirement, a subsidiary of Constellation. This collaboration aims to distribute AuguStar's annuity products to financial advisors connected with institutions like PNC and other wealth management platforms.

By incorporating AuguStar's offerings, InspereX enhances its portfolio, responding to the rising demand from financial professionals for comprehensive retirement and insurance products. InspereX CEO Scott Mitchell highlighted the strategic synergy with AuguStar's reputation for innovation, noting a particular focus on servicing key national accounts for financial advisors.

This partnership enables InspereX to leverage its national distribution network and expertise in wholesaling to improve advisor training, strategy implementation, and continuous client support. Cliff Jack, CEO of AuguStar Retirement, stated the collaboration would expand AuguStar's market presence through InspereX's established relationships within the bank and wealth management channels.

The collaboration strengthens InspereX's position as a leading distributor in structured products, fixed income, ETFs, and alternative investments, with plans to launch by the end of April. AuguStar Retirement, backed by institutional investors like CDPQ and Ontario Teachers', markets annuity solutions via diverse financial channels.

InspereX, known for its innovative market strategies and extensive reach across multiple financial sectors, supports a wide array of issuers through its comprehensive distribution network, including multiple trading desks, and operates in strategic locations throughout the United States. Annuities through AuguStar Life are facilitated by InspereX LLC, registered with FINRA/SIPC.