David Lau, the founder and CEO at DPL Financial Partners, is widely recognized as an innovator and disruptor in the financial services industry.
His firm specializes in the distribution of low-cost, commission-free insurance and annuity products — as well as technology-driven product discovery tools and education for registered investment advisors and individual investors. He is also an advisory board member for RISA LLC, or the Retirement Income Style Awareness platform.
The work gives Lau a truly unique perspective about retirement income planning, as does his prior executive experience in banking and insurance. As Lau tells ThinkAdvisor Senior Reporter John Manganaro on this episode of the Ask the Retirement Expert podcast, there has never been a more interesting time to be solving the “decumulation challenge.”
During the interview, Lau and Manganaro discuss:
- How annuities have evolved from commission-based to fee-based products.
- What advisors need to know about clients’ retirement income “style.”
- The corporatization of the registered investment advisor industry and more.