Flat fee annuity for RIAs: More Investment opportunities?
The 3 major independent fee based insurance companies ( RetireOne, Dimensional Fund Advisors and Midland National InsuranceCo.) are working together and have added 3 asset allocation models and 38 institutional class mutual funds and ETFs ( Education and Training Funds) to the zero commission abiding deferred annuities. This annuity was named ‘ Constance’ in October 2021, enabling registered investment advisors to wrap client brokerage accounts, individual retirement accounts and Roth IRAs with an annuity.
Will you be investing?