David Lau: Taking High Commissions Out of Annuities

<p><p>Our guest on the podcast today is David Lau, founder and CEO of DPL Financial Partners, which develops and distributes low-cost, commission-free insurance and annuity products. In addition, DPL Financial Partners provides tools and educational resources for registered investment advisors and individual investors. Prior to founding DPL, David was chief operating officer of Jefferson National and before that he was principal and co-founder of the Oysterhouse Group, a management consulting firm. He also served as chief marketing officer of E-Trade Bank and its predecessor TeleBank. David received his bachelor's degree in economics from the College of William and Mary. </p></p><p><p><strong>Background</strong></p></p><p><p><a href="https://www.dplfp.com/meet-the-team/david-lau" target="_blank">Bio</a></p></p><p><p><a href="https://www.dplfp.com/" target="_blank">DPL Financial Partners</a></p></p><p><p><strong>Annuities</strong></p></p><p><p><a href="https://www.dplfp.com/products/products-overview/annuities" target="_blank">Annuities—Product Overview</a></p></p><p><p><a href="https://www.morningstar.com/articles/1060040/your-guide-to-annuities" target="_blank">Your Guide to Annuities</a> </p></p><p><p>“<a href="https://www.morningstar.com/articles/1037439/kerry-pechter-how-annuities-fit-into-the-retirement-income-puzzle" target="_blank">Kerry Pechter: How Annuities Fit Into the Retirement Income Puzzle</a>,” <em>The Long View</em> podcast, morningstar.com, May 4, 2021.</p></p><p><p>“<a href="https://insurancenewsnet.com/oarticle/dpl-financial-ria-survey-shows-continued-uptick-in-annuity-usage" target="_blank">DPL Financial RIA Survey Shows Continued Uptick in Annuity Usage</a>,” insurancenewsnet.com, Sept. 30, 2021.</p></p><p><p>“<a href="https://www.thinkadvisor.com/2021/09/30/another-reason-advisors-are-warming-to-annuities/" target="_blank">Another Reason Advisors Are Warming to Annuities</a>,” by Bernice Napach, thinkadvisor.com, Sept. 30, 2021.</p></p><p><p>“<a href="https://www.dplfp.com/podcast/talk-your