Top Insurance Carrier Adds a Significant Number of its Commission and Fee-Based Products to Financial Professionals Connected to the Envestnet Insurance ExchangeBERWYN, Pa., May 18, 2022 /PRNewswire/ — Lincoln Financial Group (NYSE: LNC) has added greater than 25 of its annuity merchandise to the Envestnet Insurance Exchange, powered by FIDx, the one digital market representing a single level of connectivity between insurance coverage merchandise and broad monetary advisor distribution, marking a strengthened partnership and enhanced providing for each firms.
Lincoln first joined the Envestnet Insurance Exchange in 2021 as a technique to “convey our options, and drive consciousness of the alternatives they supply, to much more buyers throughout the nation,” stated Tim Seifert, Senior Vice President and Head of Retirement Solutions Distribution at Lincoln Financial Group.
Mr. Seifert continued, “In the yr since becoming a member of FIDx, we have seen the facility of their platform and its continued resonance within the market, making this the proper time to broaden our choices on the Exchange. Lincoln is proud to supply extra of our annuity merchandise that allow hardworking Americans to take management of their monetary lives by saving for a financially safe retirement.”
“Lincoln sees the world as we do,” stated Rich Romano, CEO of FIDx. “Our aim is present monetary advisors with a broad vary of high-quality annuities that may assist shoppers enhance their revenue and defend their outcomes in retirement. We’re extremely excited to convey Lincoln’s fee and fee-based annuity merchandise to our market, giving advisors the selection they’re in search of as they construct complete, holistic portfolios for his or her shoppers.”This expanded relationship additional demonstrates the Envestnet Insurance Exchange’s push to be the preeminent answer within the revenue and safety merchandise market. “Access to Lincoln Financial’s broad portfolio of annuity options on the Envestnet Insurance Exchange helps underscore Envestnet’s dedication to offering advisors with all of the instruments essential to be the linked middle of their shoppers’ monetary lives,” stated Andrew Stavaridis, Chief Relationship Officer at Envestnet.The relationship additionally illustrates Lincoln Financial’s dedication to innovation all through its annuity enterprise—together with product growth, distribution capabilities, digital instruments and strategic partnerships—to repeatedly strengthen buyers’ skill to develop and defend their monetary futures. “Technology, particularly after the final two years, is enjoying an even bigger and larger position within the lifetime of the monetary skilled and within the relationship between them and their shoppers,” added Mr. Seifert.The Envestnet Insurance Exchange permits advisors to completely handle annuity options all through their lifecycle alongside conventional managed account investments.”By combining progressive know-how with a wide range of annuity merchandise from top-of-the-line insurance coverage carriers, like Lincoln Financial,” added Mr. Romano. “We give advisors the facility to handle and tailor these investments to satisfy their shoppers’ particular person wants.” About FIDxFiduciary Exchange, LLC (FIDx) is a technology-empowered community that seamlessly integrates the brokerage, insurance coverage and advisory ecosystems to supply best-in-class annuities and insurance coverage options from the trade’s main carriers. FIDx permits advisors to supply assured revenue and draw back safety as core elements of their shoppers’ portfolios, built-in inside the similar wealth administration platforms they already use every single day. An impartial know-how agency, FIDx connects advisory companies to insurance coverage carriers by way of a seamless, digitally-enabled course of so advisors can actually ship complete recommendation and assist shoppers attain their objectives.To be taught extra, please go to https://fid-x.com/ and observe FIDx on LinkedIn.Envestnet, Inc. has a monetary curiosity and occupies board of director positions in Fiduciary Exchange LLC (FIDx).About EnvestnetEnvestnet refers back to the household of working subsidiaries of the general public holding firm, Envestnet, Inc. (NYSE: ENV). Envestnet is Fully Vested™ in empowering advisors and monetary service suppliers with progressive know-how, options, and intelligence to assist make monetary wellness a actuality for his or her shoppers by way of an intelligently linked monetary life. Over 108,000 advisors and greater than 6,000 firms—together with 18 of the 20 largest U.S. banks, 47 of the 50 largest wealth administration and brokerage companies, over 500 of the most important RIAs, and a whole bunch of FinTech firms—leverage Envestnet know-how and providers that assist drive higher outcomes for enterprises, advisors, and their shoppers.For extra data on Envestnet, please go to www.envestnet.com, subscribe to our weblog, and observe us on Twitter (@ENVintel) and LinkedIn.About Lincoln Financial GroupLincoln Financial Group supplies recommendation and options that assist individuals take cost of their monetary lives with confidence and optimism. Today, roughly 16 million clients belief our retirement, insurance coverage and wealth safety experience to assist tackle their way of life, financial savings and revenue objectives, and guard towards long-term care bills. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the advertising identify for Lincoln National Corporation (NYSE: LNC) and its associates. The firm had $308 billion in end-of-period account values as of March 31, 2022. Lincoln Financial Group is a dedicated company citizen included on main sustainability indices together with the Dow Jones Sustainability Index North America and FTSE4Good and ranks amongst Newsweek’s Most Responsible Companies. Dedicated to range, fairness and inclusion, we’re included on transparency benchmarking instruments such because the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to offering our staff with versatile work preparations, we had been named to FlexJobs’ record of the Top 100 Companies to Watch for Remote Jobs in 2022. With an extended and wealthy legacy of appearing ethically, telling the reality and talking up for what is correct, Lincoln was acknowledged as considered one of Ethisphere’s 2022 World’s Most Ethical Companies®. Learn extra at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for electronic mail alerts at http://newsroom.lfg.com.Media Contacts:Dana TaorminaJConnelly for FIDx & Envestnet973.647.4626[email protected] Sarah BoxlerLincoln Financial Group – Annuities215.495.8439[email protected]LCN-4671948-041222SOURCE Fiduciary Exchange LLC (FIDx)
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