Insurance

The investment plays on a trend, “which is the blurring of the distinction between traditional insurance products and wealth management products.”

With 350 firms on its client roster, the acquisition of Flourish gives the insurer a springboard into the independent advisor market.

From COBRA premiums to long-term care, there are surprising uses for funds in these tax-advantaged accounts.

The low interest rates pushing down sales across most fixed and variable lines are also boosting certain products.

For its next leader, Ohio National turned to a veteran executive with prior experience leading its independent broker-dealer.

Both have their allure, but astute advisors can sort out the best choice between low-cost and premium versions.

“If insurance and annuities had always been commission free, RIAs would be power users,” says David Lau, CEO of DPL Financial which is partnering with SS&C Advent.

While the contributions aren’t deductible, distributions such as earnings are tax-free to the designated beneficiary if they’re used to pay for qualified disability expenses.

A Korean-American entrepreneur claims James Hilbrant told her to “go back to Wuhan.”

Could single premium immediate annuities be the answer to ultralow rates?