Flourish expands annuities marketplace though new partnership

Flourish expands annuities marketplace though new partnership
The firm launched its annuities platform for RIAs earlier this year.
AUG 07, 2024

Registered investment advisors using the Flourish Annuities platform will benefit from an expansion of the marketplace announced this week.

Flourish has partnered with one of the largest providers of retirement solutions and insurance products in the United States to offer an additional annuity product to the more than 200 RIA users of its platform.

Corebridge Financial launched its American Pathway Advisory multi-year guaranteed annuity earlier this year, allowing consumers to lock in growth for three, five or seven years and is designed to help RIAs maintain a consistent allocation to guaranteed rates within their client portfolios. 

“Our American Pathway Advisory MYGA offers growth and principal protection along with flexibility and convenience,” said Eric Taylor, RICP, SVP, National Sales Manager, Corebridge Financial. “We are pleased to bring our advisory solution to RIAs through the Flourish Annuities platform and look forward to connecting with more advisors who want to help their clients take action to build the future they envision.”

Flourish Annuities gives advisors a range of MYGA options to provide clients with attractive guaranteed returns, full principal protection, and tax deferred growth.

“The addition of Corebridge, one of the largest and most innovative carriers in the space, expands our marketplace to give RIAs more MYGA options," said Max Lane, CEO of Flourish. "Every advisor should be considering MYGAs for client portfolios and the Corebridge American Pathway Advisory offers clients liquidity and flexible terms.”

Latest News

SEC bars ex-broker who sold clients phony private equity fund
SEC bars ex-broker who sold clients phony private equity fund

Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.

The key to attracting and retaining the next generation of advisors? Client-focused training
The key to attracting and retaining the next generation of advisors? Client-focused training

From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.

Chuck Roberts, ex-star at Stifel, barred from the securities industry
Chuck Roberts, ex-star at Stifel, barred from the securities industry

"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.

SEC to weigh ‘innovation exception’ tied to crypto, Atkins says
SEC to weigh ‘innovation exception’ tied to crypto, Atkins says

Chair also praised the passage of stablecoin legislation this week.

Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest
Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest

Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.