SIMON Markets and Raymond James Financial have formed a partnership to help advisors improve their digital annuities processes.
The deal will see SIMON’s Annuities platform made available to Raymond James customers, giving them an end-to-end digital experience, which boasts on-demand training and analytics for annuity products.
Customers of Raymond will be able to better learn about, access and utilise risk-managed products, it claims.
This deal extends an existing partnership between the two companies, which began back in 2019.
Raymond James Insurance president Scott Stolz said, “Given the diversity and breadth of annuity products in the marketplace today, education is imperative. Up until now, it’s been a challenge to access all of the available – and often required – training.
“SIMON’s annuities solution brings all NAIC product-specific training from 20+ carriers to one, easy-to-use platform. In addition, its in-depth product analysis that resides in the system’s Marketplace will make it easier for our advisors to sort through the various product options to find the solution that best meets their clients’ financial needs. To have all of this right on our advisors’ desktops is a huge step forward.”
Earlier in the year, SIMON Markets formed a similar partnership with Great American Life Insurance Company.
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