Allianz Finding Traction with B/D, RIA Channels
April 5, 2018 by Cyril Tuohy
Allianz is finding traction with fixed indexed annuities in the financial advisory world with the top-selling FIA in the independent broker-dealer channel.
And Tampa-based advisor Barry Flagg can see why — though with some caveats.
“I’m a fan of the concept and the concept is well executed by some carriers, but not well executed by others,” Flagg said. “It’s a valuable product but you’ve got to do your due diligence with it.”
Last year Allianz 222 Annuity was the top-selling indexed annuity sold through independent broker-dealers, according to Wink’s Sales & Market Report.
Allianz’s Retirement Foundation ADV Annuity was the top-selling fee-based indexed annuity in the market.
Allianz also had the No. 2 selling indexed annuity for both the independent and full service national broker-dealer channels, Wink reported.