Halo Investing launches annuities platform
Chicago-based Halo Investing , the financial technology platform that provides structured note investments to the average investor, announced the launch of its new annuities platform. Built on Halo’s core marketplace, the new centralized marketplace enables financial advisors to explore, transact, and manage annuities in a simplified way. The platform includes numerous annuity options and strategies from several carriers, including Allianz Life .
The fully digitized annuities platform streamlines execution and management across the annuity lifecycle, helping advisors provide retirement income for clients more efficiently and cost-effectively. Halo also has a team of annuity experts and an outsourced insurance desk who can serve as the licensed agent of record for advisors.
“It’s critical that advisors and investors have access to advanced investment tools and resources to build resilient portfolios using proven products like annuities. Halo simplifies the annuities lifecycle with an expert team and an end-to-end technology solution, giving advisors another protective investment option to meet their client objectives. We are excited for the next stage of our product journey and look forward to helping the annuities industry advance to the digital era.” – Biju Kulathakal, Co-Founder & CEO of Halo.
Halo’s modern platform includes a range of investment options including fixed, variable, and registered index-linked annuities. Other key features of the Halo platform include:
- Access to the top annuity carriers
- Enhanced data and analytics to compare, explore, and select annuities
- Real-time rates from carriers, and up-to-date carrier product information and marketing collateral
- Support from Halo’s concierge insurance services to help identify solutions
- Digital and virtual client signing, suitability review, and carrier submission
- Portfolio management and post trade monitoring with valuation tracking and in-force transactions across annuity positions
“Individuals are struggling to save for retirement and lack opportunities for dependable retirement income without taking on unnecessary risks. Advisors need more investment options in today’s low yield environment, and annuities can provide income and predictable outcomes for investors. As part of our mission to help individuals meet their retirement goals, we will continue to add products, carriers, and features to facilitate a simplified annuities and protective investing experience.” – Jason Barsema, Co-Founder & President of Halo.
“Our partnership with Halo allows us to make our products available to advisors, including RIAs, who we are currently not able to reach via traditional channels. Our risk management products can play an important role as part of a holistic financial plan, and Halo gives advisors access to additional product options so that they are able to help their clients seek the best possible outcomes.” – Eric Thomes, Chief Distribution Officer for Allianz Life.