Orion Platform Adds Fee-Based Pacific Life Annuities
Pacific Life is also selling fee-based annuities through DPL's platform.
Orion Advisor Solutions is adding two fee-based annuities from Pacific Life to a platform that serves registered investment advisors.
One of the annuities is a variable life contract, and one is an indexed annuity.
(Related: Selling Annuities Through Exchange Is Just the Start: Envestnet CEO)
Putting the Pacific Life annuities platform will help Orion system users see Pacific Life annuities along with clients’ other assets, the companies say.
Orion has relationships with about 2,000 advisory firms with about $1 trillion in assets under administration.
Pacific Life is courting registered investment advisors by adding an RIA channel team. In March, Pacific Life’s RIA team put fee-based Pacific Life annuities on a product distribution platform operated by DPL Financial Partners.
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