Finance Industry Vets Back Firm Focused On Commission-Free Annuities
January 20, 2021 by Katherine Chiglinsky
Finance veterans Todd Boehly and Bob Diamond are backing a startup aimed at a niche part of the sector: insurance and annuities sold through registered investment advisers.
Boehly’s Eldridge and Diamond’s Atlas Merchant Capital LLC invested $26 million in equity capital in DPL Financial Partners, the startup said Wednesday in a statement. Representatives from both firms will join a newly formed board of directors.
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Originally Posted at Financial Advisor on January 18, 2021 by Katherine Chiglinsky.
Categories: Industry Articles