DPL Financial Partners raises $26 million after explosive growth turned backers into believers in David Lau's promise to create a guaranteed income supermarket

Oisin Breen

January 22, 2021

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With $1 billion of gross sales for 2021 conceivable after mega-deal with SS&C and macro-factor tailwinds, the Louisville company (DPL Financial Partners) is ready to slug in the bigger leagues.

DPL Financial Partners just raised $26 million from Atlas Merchant Capital and Eldridge on the back of a near seven-fold increase in advisors -- growth that pushes it close to service and capacity constraints.

"We decided to raise more capital because it was simply imprudent not to. Our growth has been so tremendous we knew we were going to need a bigger boat," says founder David Lau, via email.

Lau is betting that by 2026 every RIA will need to buy and trade insurance without paying fat, conflict-inducing fees to brokers.

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DPL Financial Partners does business in the state of California as DPL Insurance Solutions under California License #0M42434.

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 475 Springfield Ave., Suite 1 Summit, NJ 07901 • 303-797-9080 DPL Financial Partners is not affiliated with The Leaders Group, Inc.

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FOR REGISTERED INVESTMENT ADVISOR USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.

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