DPL Financial Partners Appoints New Executives to Enhance Annuity Solutions
DPL Financial Partners has appointed two seasoned insurance executives as it approaches $7 billion in assets under administration, marking a significant step in its mission to modernize the annuity sector.
Mark Forman has been named Head of Experience, while Kendal Wetzel steps into the role of Head of Sales Strategy and Operations. These strategic hires are poised to enhance DPL's efforts to tailor annuity and insurance solutions to the registered investment advisor (RIA) market. David Lau, Founder and CEO of DPL, highlighted the significance of this move in strengthening the advisor and client experience. Forman brings a wealth of industry experience from his time at firms like Jefferson National and Nationwide Financial. He aims to leverage this expertise to enhance service delivery and drive DPL's mission in the financial advisory arena.
Strategic Roles and Responsibilities
As Head of Experience, Forman will focus on refining the service offerings to DPL's network of advisors, partners, and clients. His previous experience includes leadership roles that have equipped him to drive similar initiatives, with an eye on transforming the financial advisory landscape. Meanwhile, Wetzel’s appointment as Head of Sales Strategy and Operations will involve leading efforts in sales operations and enablement. Her experience with Jackson National Life Distributors and Allianz Life will be instrumental in aligning DPL’s resources for sustained growth in the annuity sector.
The Future of Annuity Solutions
DPL Financial Partners continues its commitment to revolutionizing the annuity industry through its Avenew® platform, which offers a comprehensive marketplace for advisors. This platform facilitates the effective deployment of insurance products, seamlessly integrating with major wealth management solutions like Orion and Black Diamond. DPL's focus on commission-free annuities aims to provide cost-effective solutions from leading carriers, positioning the firm as a pivotal player in advancing the insurance needs of RIAs.
| Executive Role | Key Responsibilities |
|---|---|
| Mark Forman | Enhancing service delivery to advisors and clients |
| Kendal Wetzel | Leading sales strategy and operations alignment |
Looking ahead, these appointments bolster DPL's position as a leader in the evolution of insurance products tailored for RIAs, driving innovation and growth in the industry. Insurance professionals should watch for how these strategic developments could impact distribution strategies and client engagement in the annuity sector in the coming years.