Advisers on the RetireOne Platform Can Now Choose Advisory Annuities from Pacific Life
NEWPORT BEACH and SAN FRANCISCO, Calif. (Sept. 23, 2020)—Pacific Life announced today that it has expanded access to the company’s two fee-based annuities, Pacific Odyssey® and Pacific Index Advisory®, through RetireOne®—the insurance and annuity back office for more than 900 RIAs.
“We’re excited that our commission-free advisory strategies are now available to RIAs and fee-based advisers who partner with RetireOne,” said Doug Mantelli, vice president of RIA Strategy at Pacific Life. “RetireOne is built on a foundation of transparency, trust, and seamless service, so our values synch up nicely. We couldn’t be happier to be on this platform.”
As an insurance and annuity back office for nearly 1,000 RIAs, RetireOne’s team of licensed professionals work with advisers to seamlessly integrate protected accumulation and lifetime income solutions into client portfolios. They collaborate with advisors to identify potential client needs, and locate transparent, low-cost, commission-free solutions that are easy to explain and simple to use.
“Pacific Life was an important target for our platform,” said RetireOne founder and CEO David Stone. “They have proven their commitment to registered investment advisers with their thoughtful, fee-friendly product design, and the build-out of their dedicated advisory team. They are also walking the walk with their robust adviser technology data integrations.”
Pacific Life’s dedicated RIA channel team, Pacific Life Advisory, is focused on creating competitive, fee-based annuities and providing unparalleled service. Simplified technology integrations are a priority, and the company continues to team up with new custodians and insurance licensing firms to make it as easy as possible for advisers to include these critical investments in clients’ portfolios.
For more information about Pacific Life, its retirement solutions, and its newly announced alliance with RetireOne, contact Jennifer Griffin, assistant vice president of Advisory Sales Strategy for Pacific Life at Jennifer.Griffin@PacificLife.com.
RetireOne and Pacific Life are separate, unaffiliated firms that are not responsible for each other’s services or policies.
About Pacific Life
For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2020 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial-strength ratings, visit www.PacificLife.com..
Client count as of June 2019 is compiled by Pacific Life using the 2019 FORTUNE 500® list.
RetireOne is the leading, independent platform for fee-based insurance solutions. With offerings from multiple “A” rated companies, RIAs may access this fiduciary marketplace at no additional cost to them or their clients. Tallying over $1 billion of retirement savings and income investments under advisement, RetireOne continues to grow in its mission to provide advisors and their clients valuable retirement solutions that are simple to use, easy to understand, and delivered with outstanding service. Learn more at RetireOne.com and follow us on Twitter @RetireOne
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Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor or attorney.
Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products. You should carefully consider a variable annuity’s risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals of the underlying investment options. This and other information about Pacific Life are provided in the product and underlying fund prospectuses. These prospectuses are available from your financial professional or at www.PacificLife.com. Read them carefully before investing. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Insurance product and rider guarantees, including optional benefits and any fixed subaccount crediting rates or annuity payout rates, are backed by the financial strength and claims-paying ability of the issuing insurance company and do not protect the value of the variable investment options. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.
Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Variable and fixed annuity products are available through licensed third parties.
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