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Pacific Life Links Commission-Free Annuities to Orion Platform
New Integration Unlocks Real-time View of Annuities Alongside Client Investment Portfolios
NEWPORT BEACH, Calif. (July 22, 2020) — To provide registered investment advisors (RIAs) with the best possible experience in helping clients achieve better retirement outcomes, Pacific Life today announced the integration of its commission-free variable annuity and fixed indexed annuity with the Orion Advisor Solutions platform. Orion is a premier provider of the tech-enabled fiduciary process that transforms the advisor-client relationship by enabling financial advisors to prospect, plan, invest, and achieve within a single, connected, technology-driven experience.
“RIAs work with Pacific Life due to our financial strength and quality retirement investment products. Additionally, they also require a seamless portfolio-management experience,” said Doug Mantelli, vice president of RIA strategy at Pacific Life. “To customize portfolios for their individual clients, financial advisors must use a wide range of investments. Utilizing Orion to see a real-time view of Pacific Life’s advisory annuities alongside their clients’ other investments is a game changer. The information they need is at their fingertips.”
The Orion integration will allow financial advisors to easily monitor and bill on their clients’ tax-advantaged retirement-income solutions. In addition, RIAs can manage a client’s entire portfolio of both taxable and tax- advantaged assets within a single advisor workstation. This feature makes it possible to construct a diversified and holistic retirement strategy.
“Integrating our platform with Pacific Life aligns well with our commitment to helping our advisors connect individual client goals with investment performance, thereby boosting transparency within the relationship. Through this integration, advisors can introduce Pacific Life’s annuity products as part of a coordinated investment strategy, helping clients to see how those products fit into their overall financial picture,” added Randy Lambert, chief operations officer at Orion Advisor Solutions. “We’re excited to not only help advisors showcase the value of Pacific Life’s retirement products for their clients, but also to empower them with another tool for strengthening their relationships.”
Pacific Life is demonstrating its commitment to the RIA space by adding a dedicated RIA channel team. The group is focused on creating competitive, fee-based annuities and providing unparalleled service. Technology integrations for ease-of-use are a priority, and the company continues to add new custodians and insurance licensing companies to make it as simple as possible for financial advisors to include critical guaranteed income in their clients’ portfolios.
For more information about Pacific Life, its retirement solutions, and its newly announced integration with Orion, contact Jeremy Couch, director of Advisory Integrations for Pacific Life’s Retirement Solutions Division, at Jeremy.Couch@PacificLife.com.
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 has been named one of the 2020 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 2020 is compiled by Pacific Life using the 2020 FORTUNE 500® list.
Guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company.
Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.
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.
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. Variable and fixed annuity products are available through licensed third parties.
About Orion Advisor Solutions
Orion Advisor Solutions is a premier provider of the tech-enabled fiduciary process that transforms the advisor-client relationship by enabling financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected, technology-driven experience. Combined, our brand entities, Orion Advisor Tech, Orion Portfolio Solutions, and CLS Investments, create a complete yet modular offering that empowers firms to seamlessly attract new clients; connect goals more meaningfully to investment strategies and outcomes; and ultimately track progress toward each investor’s unique definition of financial success. As a result, Orion supports more than 2,000 advisory firms with $1 trillion in assets under administration and an additional $40 billion of
combined assets (Orion Portfolio Solutions and Brinker Capital) on the open architecture TAMP, making Orion a platform of choice for growth-focused advisory firms looking to strengthen their client relationships, gain a competitive edge in a crowded marketplace, and build strong, profitable businesses. Learn more at www.orion.com.