WealthVest adds new wholesale team to add to growing Aspida annuities sales

WealthVest has deployed a new nationwide distribution team to focus on its partnership with life insurance and annuities firm Aspida.

The wholesaling firm offers the AspidaWealthlock suite of annuities, available in 49 states, to broker dealers and financial institutions and the team of three regional vice presidents, each with years of experience in the retirement planning industry, will provide a direct line to Aspida in their respective territories.

The products include several strategy options, competitive rates across several guarantee periods, and options for penalty-free withdrawals, a nursing home waiver, a terminal illness waiver, a death benefit and more.

"We're looking forward to building on Aspida's momentum as one of the fastest-growing insurance carriers in the industry with this new, dedicated wholesaling team," said Matt Hamann, financial institutions channel leader and national sales manager. "Our goal is to help even more financial professionals add the flexibility and security that only Aspida can deliver to their clients' portfolios."

Mark Andelin will serve as the dedicated wholesaler representing Aspida in the Northeast and Upper Midwest. His experience includes senior sales and management roles at Global Atlantic Financial Group, AIG Annuity, Western National Life and Hartford Life.

The South, Midwest, Rocky Mountains, and West Coast region will be the responsibility of Emerson King, who began his career in financial services in 1992 and worked for both Equitable Advisors and Merrill Lynch before joining WealthVest.

Ryan Akers, who has worked in retirement planning and annuity consulting since 2004, will look after the Southwest, the Great Plains, and along the Gulf Coast. He was with Genworth Financial and Raymond James before WealthVest.

"The addition of this dedicated wholesale team is another step in enhancing the streamlined, white glove service we provide," said Chad Burns, chief distribution officer at Aspida. "With the new team in place, getting the right WeathLockSM annuity product into the hands of financial professionals and, ultimately, their clients, has never been easier."

Flourish recently added Aspida’s Advisory Multi-Year Guaranteed Annuity on its recently launched Flourish Annuities platform.