Flourish expands annuities marketplace though new partnership

investmentnews.com:

Registered investment advisors using the Flourish Annuities platform will benefit from an expansion of the marketplace announced this week.

Flourish has partnered with one of the largest providers of retirement solutions and insurance products in the United States to offer an additional annuity product to the more than 200 RIA users of its platform.

Corebridge Financial launched its American Pathway Advisory multi-year guaranteed annuity earlier this year, allowing consumers to lock in growth for three, five or seven years and is designed to help RIAs maintain a consistent allocation to guaranteed rates within their client portfolios. 

“Our American Pathway Advisory MYGA offers growth and principal protection along with flexibility and convenience,” said Eric Taylor, RICP, SVP, National Sales Manager, Corebridge Financial. “We are pleased to bring our advisory solution to RIAs through the Flourish Annuities platform and look forward to connecting with more advisors who want to help their clients take action to build the future they envision.”

Flourish Annuities gives advisors a range of MYGA options to provide clients with attractive guaranteed returns, full principal protection, and tax deferred growth.

“The addition of Corebridge, one of the largest and most innovative carriers in the space, expands our marketplace to give RIAs more MYGA options,” said Max Lane, CEO of Flourish. “Every advisor should be considering MYGAs for client portfolios and the Corebridge American Pathway Advisory offers clients liquidity and flexible terms.”