NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life has announced the launch of its Advisory Solutions Desk, a concierge experience for Registered Investment Advisors (RIAs).

“Now, RIAs and their fee-only advisors can access Pacific Advisory Variable Annuity in a variety of ways—directly through our new tech-enabled Advisory Solutions Desk or through one of our well-respected, outsourced insurance desks or custodial distribution partners,” said Kevin Kennedy, senior vice president of sales and chief marketing officer for Pacific Life’s Retirement Solutions Division. “This new service complements our important distribution partnerships while furthering our goal of tailoring services to advisors’ individual preferences and business models.”

“The Advisory Solutions Desk is another example of Pacific Life’s commitment to innovation and to supporting advisors and their clients,” noted Brett Hynes, chief executive officer of Pacific Select Distributors and vice president of strategic partnerships for Pacific Life’s Retirement Solutions Division. “Our firm is focused on delivering relevant, digital-first solutions that advisors find add value to their practices.”

The Advisory Solutions Desk also represents a foundational component of Pacific Life’s burgeoning advisory expansion initiative. During 2021, Pacific Life Advisory curated an experienced, dedicated advisory team and introduced a fee-friendly variable annuity and optional living benefit specifically for use by RIAs and their clients. The team also tripled data integrations with top advisory software providers, while collaborating with new distribution partners to deliver specialized advisory services with seamless integrations.

“I’m proud of all that our Pacific Life Advisory team has accomplished in such a short time,” emphasized Doug Mantelli, vice president of RIA strategy at Pacific Life. “Creating products that allow RIAs to bill clients directly on the annuity without creating a taxable event or reducing the clients’ benefits was a challenge—but we did it. And now we have a fee-friendly, investment-focused, advisory variable annuity that we truly think is the best in the industry. It’s going to change the game for a lot of RIAs and their clients.”

In addition to strong sales of its fee-friendly offerings, Pacific Life has seen a significant rise in its overall advisory business across all distribution channels and continues to pursue the goal of innovating products and services to become the industry’s leading advisory annuity provider.

RIAs interested in learning more about what makes Pacific Life advisory support refreshingly different can contact an advisory consultant or visit PacificLifeAdvisory.com for business-building ideas and shareable, client-friendly materials and videos.

About Pacific Life

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and was named one of the 2021 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial-strength ratings, visit www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2021 is compiled by Pacific Life using the 2021 FORTUNE 500^® list.

2021 World’s Most Ethical Companies^® is based on the Ethisphere Institute’s Ethics Quotient^®. “World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC.

Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.

You should carefully consider a variable annuity’s risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals of the underlying investment options. This and other information about Pacific Life variable annuities are provided in the product and underlying fund prospectuses. These prospectuses are available from your financial professional or at www.PacificLife.com. Read them carefully before investing.

Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Annuity products are not FDIC insured, may lose value, and are not guaranteed by any bank.

Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company, and are available through licensed third parties.

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