WealthVest adds new wholesale team to add to growing Aspida annuities sales

WealthVest adds new wholesale team to add to growing Aspida annuities sales
The team will be the exclusive distributor of the products across 49 states.
APR 01, 2024

WealthVest has deployed a new nationwide distribution team to focus on its partnership with life insurance and annuities firm Aspida.

The wholesaling firm offers the AspidaWealthlock suite of annuities, available in 49 states, to broker dealers and financial institutions and the team of three regional vice presidents, each with years of experience in the retirement planning industry, will provide a direct line to Aspida in their respective territories.

The products include several strategy options, competitive rates across several guarantee periods, and options for penalty-free withdrawals, a nursing home waiver, a terminal illness waiver, a death benefit and more.

"We're looking forward to building on Aspida's momentum as one of the fastest-growing insurance carriers in the industry with this new, dedicated wholesaling team," said Matt Hamann, financial institutions channel leader and national sales manager. "Our goal is to help even more financial professionals add the flexibility and security that only Aspida can deliver to their clients' portfolios."

Mark Andelin will serve as the dedicated wholesaler representing Aspida in the Northeast and Upper Midwest. His experience includes senior sales and management roles at Global Atlantic Financial Group, AIG Annuity, Western National Life and Hartford Life.

The South, Midwest, Rocky Mountains, and West Coast region will be the responsibility of Emerson King, who began his career in financial services in 1992 and worked for both Equitable Advisors and Merrill Lynch before joining WealthVest.

Ryan Akers, who has worked in retirement planning and annuity consulting since 2004, will look after the Southwest, the Great Plains, and along the Gulf Coast. He was with Genworth Financial and Raymond James before WealthVest.

"The addition of this dedicated wholesale team is another step in enhancing the streamlined, white glove service we provide," said Chad Burns, chief distribution officer at Aspida. "With the new team in place, getting the right WeathLockSM annuity product into the hands of financial professionals and, ultimately, their clients, has never been easier."

Latest News

Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools
Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools

First Trust models, Schwab-linked data tools and Orion transition tech headline a busy week for RIA wealthtech

Two LPL executives jump to competitors as 2026 comes to a close
Two LPL executives jump to competitors as 2026 comes to a close

The change in senior personnel occurs days after LPL Financial tapped a new head of recruiting.

Osaic names new CMO and Empowered Independence head
Osaic names new CMO and Empowered Independence head

Former PulteGroup and Citizens executives join the broker-dealer network after a year of senior leadership departures

RIA moves: Prospera lands $600M Cornerstone team in Rochester
RIA moves: Prospera lands $600M Cornerstone team in Rochester

Independent RIA Concurrent adds over $1B across six moves, while OnePoint BFG opens West Palm Beach with a $240M team

Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse
Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse

The mega-RIA keeps absorbing independent fiduciary firms as Cerulli data shows the fee-only segment losing asset share

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor