Pacific Life announced a new collaboration with BNY Mellon’s Pershing to make its fee-only annuities available to registered investment advisors (RIAs) and their fee-only advisors while providing a streamlined portfolio-management experience. Products included are Pacific Advisory Variable Annuity, Pacific Odyssey, Pacific Index Advisory, and Pacific Harbor—all designed to help RIAs meet a variety of clients’ needs.
Latest Fintech Insights: Invesco, A Global Investment Management Firm, Will List ETFs On The Tel Aviv Stock Exchange For The First Time
“We’re proud to collaborate with Pershing, one of the industry’s most prominent custodians,” said Jeremy Couch, director of advisory integration services in the Retirement Solutions Division at Pacific Life. “RIAs can access Pacific Life’s advisory-centric products through Pershing and also get a real-time view of those annuities alongside their clients’ portfolios within a single advisor workstation. Direct account data feeds have eliminated barriers to annuities and give advisors the account information they need at their fingertips, easing time and administrative burdens.”
Pacific Life’s dedicated RIA team, Pacific Life Advisory, is focused on creating competitive, fee-only annuities and helping fee-only advisors incorporate them into their practices. Simplified technology integrations are a priority, and the company continues to team up with new custodians and insurance-licensing firms to make it as easy as possible to include annuities in clients’ portfolios.
Browse The Complete News About Fintech : Crypto Payments Platform Wirex Expands Services To USA
For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and was named one of the 2021 World’s Most Ethical Companies® by the Ethisphere Institute.
Read More About Fintech News : QisstPay Launches Into U.S. Market With 1-Click Checkout
[To share your insights with us, please write to sghosh@martechseries.com]
