Flat-fee annuity for RIAs adds more investment choices
DFA and Midland National are working with RetireOne on its contingent deferred annuity, which launched last October.
RetireOne, an independent fee-based insurance platform, working with Dimensional Fund Advisors and Midland National Insurance Co., has added three asset allocation models and 38 institutional-class mutual funds and ETFs to its zero-commission contingent deferred annuity.
The annuity, launched last October and known as Constance, allows registered investment advisers to wrap client brokerage accounts, individual retirement accounts or Roth IRAs with an annuity.
“Adding Dimensional’s research and expertise in asset allocation and model management strengthens the Constance offering,” said Edward J. Mercier, President of RetireOne.
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