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DPL Financial Partners

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Articles tagged "DPL Financial Partners"

David Lau and Tom McCarthy: 'You go from talking to individual advisors to talking to aggregators and rollups. That's where we've evolved.'

Dec 5, 2025

DPL discovers in-house AUM unlock, triggering leap in annuity assets, which leads to Tom McCarthy's hiring from Orion to keep it rolling

David Lau grows the Louisville-based startup by $1.4 billion in one year by creating software to help convert becalmed brokerage annuities into RIA AUM

Reed Colley: Orion Denali AI is the cornerstone of Orion’s future – a future where every facet of wealth management is powered by intelligence.

Oct 30, 2025

RIAs beta-test Denali, Orion's 'future' • Altruist AI goes upscale • Fidelity revenues soar; weeds out ETF flops • Envestnet nets new CTO • DPL, Robinhood hit milestones • Schwab now inside Advyzon software • Wisz & Fava back start-up • eMoney launches mass affluent 'Plan B' • Trump biz adds betting

Fidelity is in sweet spot, doing it all • Orion is testing its new cornerstone tool, but it won't reveal pricing until 2026 • AUM milestones hit • Advyzon lands Schwab deal • RIA big-hitters back start-up • eMoney is plotting downmarket growth • Trump follows Robinhood's lead • Joe Lonsdale wants pardon policy changed.

David Lau: I never wanted to take insurer money early in our history.

Dec 3, 2024

'Oversubscribed' DPL Financial raises $23 million -- including from insurers it screens; cash is earmarked to build 'straight-thru' annuity purchases

CEO David Lau talked to RIAs before accepting capital from TIAA and others and wants to make guaranteed income easy to buy as mutual funds

Nov 13, 2024

DPL gets Envestnet to display its data in performance reports -- to complete Big Three that also includes Orion and Black Diamond, enabling RIAs to show -- and bill for -- annuities like asset funds

The Louisville, Ky.-based fee-based annuity distributor to 10,000 advisors from more than 3,500 RIA firms only had about 250 advisors that used Envestnet but the data may begin to grow that

David Lau: The largest RIAs in the industry are beginning to utilize our technology.

Jul 19, 2024

Carson Group legal drama discovered by Omaha media with settlement still on table • DPL annuity sales top $3 billion milestone, two months ahead of schedule • Potomac gets serious about Seinfeld • SSGA raids Schwab for technology executive

Carson case develops • After taking 58 months to sell its first $1 billion of annuities, DPL did its third billion in six months • Potomac's Christopher Norton promises to show fun side of RIAs and thanks F-word (fiduciary) video ban • SSGA has a new COO.

David Lau: 'Annuities are often the last thing tethering a firm to a broker/dealer.'

Feb 7, 2024

RIA annuities inflows were bigger billions in 2023 for DPL and RetireOne; now private equity will fuel at least three firms in 2024 -- including newcomer Flourish

The biggest driver of growth will be breakaway broker books of commission annuities that will transition as advisors move to fee-based and fee-only models.

Rachel Cameron: I’m very familiar with DPL’s team and technology.

Dec 13, 2022

DPL Financial makes 'happy thing' hire of Rachel Cameron, the Black Diamond alumna who wired as much as 40% of all their net flows

The Louisville, Ky., annuities supermarket credits her with having the vision to rid the held-away-asset stigma from annuities.

Spencer Look: [These retirees] would succeed at least 95% of the time with a portfolio-only strategy.

Oct 18, 2022

Morningstar math shows annuity products are overkill for many affluent RIA clients because Social Security and portfolio planning render them redundant -- a reveal that annuity providers find to be pointy-headed nonsense

The out-of-the-blue report from the Chicago research giant claims that self-insurance does the job for the advised wealthy, especially backed by the federal safety net.

David Lau: We have to get you past your own biases.

Sep 20, 2022

Bolstered by a booming Black Diamond deal, DPL grows investor base 8X, raises another $20 million and holds off on a likely bigger round until 2023

The Louisville, Ky., no-transaction-fee annuity platform for RIAs keeps converting advisors, but it takes lots of technology and old-fashioned explaining to reverse the stigma.

David Lau: 'We are expecting to be flirting with $1 billion in sales in 2021.'

Jan 22, 2021