Edward Jones Advisers Now Have Access to Pacific Life
Edward Jones entered into a distribution agreement with Pacific Life Insurance Company, giving financial advisers access to a selection of Pacific Life’s protection and retirement products.
Available products include Pacific Select Exec IV1 (variable universal life insurance), Versa Flex NLG1 (a universal life insurance), and a new A-Share variable annuity with anticipated availability in January.
“Insurance is an essential need that must be addressed in order for many clients to achieve their long-term investment goals,” said Merry Mosbacher, an Edward Jones principal responsible for Insurance Marketing. “Obtaining adequate insurance is often an overlooked step in planning for the future, however, insurance is as important to the success of a portfolio as the underlying investments.”
Last week Edward Jones and The Phoenix Companies, Inc., announced a partnership in which Phoenix’s distribution company will provide life insurance consulting services for Edward Jones advisers (see “Phoenix Unit to Provide Insurance Consulting Services for Edward Jones”).