DPL Financial Partners Receives $23M in Equity Capital
Summary
DPL Financial Partners, a Louiseville, KY-based provider of a platform for commission-free annuities, received $23M in equity funding. The company intends to use the funds to accelerate platform development and expand distribution of commission-free annuities and insurance. Led by CEO David Lau, DPL Financial Partners is an insurance marketplace bringing solutions from carriers to registered investment advisors (RIAs), their clients and consumers. Its products, proprietary tools, and embedded technology in wealth management platforms enable RIAs to incorporate insurance and annuities into their practices to better serve their clients. DPL’s products, proprietary tools, and embedded technology in wealth management platforms enable RIAs to incorporate insurance and annuities into their practices to more holistically serve their clients.