Symetra Life Insurance Company announced the formation of a dedicated wholesaling team to represent the company's registered investment products, including Symetra True Variable Annuity, which launched on June 18.
"With the recent introduction of Symetra True VA, our new wholesaling team is working with fee-only registered investment advisers and fee-based broker-dealer advisers to secure selling agreements and identify clients who might benefit from a variable annuity," said Dan Guilbert, executive VP of Symetra's Retirement Division. "With its low fees1 and premier fund lineup, True VA offers a compelling investment solution for advisers and their clients."
According to a release, to deliver Symetra investment solutions to fee-based and fee-only advisers, the company is assembling a team of wholesalers experienced in the advisory marketplace. These three industry veterans recently joined the Symetra team:
Dinah Bird, Ph.D., CFP, CIMA - Bird brings to Symetra a wealth of portfolio management knowledge and business development expertise from sales leadership roles at several investment management firms and broker-dealers. From 2000-2007, she worked at Barclays Global Investors where she was one of the original wholesalers of iShares exchange-traded funds.
Jeffrey Jennings - Jennings most recently served as VP, regional marketing director at Sun Life Financial in San Francisco where he was responsible for traditional and fee-based annuity sales through independent broker-dealers. He previously held regional VP and account management positions at Guardian Investor Services and Hartford Financial Services.
James Maertz - Maertz joins Symetra from Hartford Mutual Funds, where he was a regional VP and ranked as one of the company's top wholesalers over several years. In recognition of his sales expertise and strong distributor relationships, Maertz served on The Hartford Mutual Funds Advisory Board from 2009-2011.
"I am pleased with the caliber of wholesalers we are attracting for our registered investments sales force," Guilbert said. "Success in the fee-only and fee-based space requires a highly technical, consultative approach focused on creating investment solutions. Dinah, Jeff and James are skilled sales consultants who understand the nuances of the advisory world. They will be a great help in advancing our efforts to share the True VA story."
Symetra Life Insurance Company is a subsidiary of Symetra Financial Corp., a diversified financial services company based in Bellevue, Wash. Symetra provides employee benefits, annuities and life insurance through a national network of benefit consultants, financial institutions, and independent agents and advisers.
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