Hartford, CT, Dec. 2, 2019 – Saybrus Partners, LLC today announced that it has acquired Dedicated Distribution Partners, LLC (“DDP”) through an asset purchase agreement. The acquisition expands Saybrus Partners’ carrier platform and third-party annuity distribution reach, which already encompasses a broad range of banks and broker-dealers.
Formed in 2014 and based in Columbus, DDP is a nationwide distributor of fixed and fixed indexed annuities for Reliance Standard Life Insurance Company in the independent broker-dealer space. Similar to Saybrus Partners, DDP offers a high-touch wholesaling model, focused on communication, service and cultivating new opportunities, which differentiates the firm in a competitive space.
Led by founder Toby Haun, DDP has 13 employees including six external wholesalers and five internal wholesalers. The firm will continue to operate under the DDP name with Mr. Haun overseeing distribution and sales.
About Saybrus Partners
Saybrus Partners, LLC helps institutions and financial professionals address clients’ needs with life insurance and annuity solutions for basic protection as well as retirement, estate, and business planning. Its partner firms include institutional financial advisories, insurance retailers, banks and broker/dealers. Customizing its services to best fit its partners’ businesses, the company offers a complete set of distribution capabilities including assisted sales, traditional wholesaling, new business operations and custom product design. It is a subsidiary of Nassau Financial Group. For more information, visit saybruspartners.com and nsre.com.
Alice S. Ericson, email@example.com or 860-403-5946