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Dpl Receives $26M Investment From Eldridge, Atlas Merchant

by wealthmanagement.com posted 1week ago 30 views
The investment in David Lau's firm demonstrates confidence in the market for commission-free annuities in the RIA channel. : DPL Financial Partners, an insurance management platform for registered investment advisors, has received a $26 million investment from private investment firm Eldridge, an early investor in the company, and private equity firm Atlas Merchant Capital. Executives from Atlas Merchant and Eldridge will join DPL’s newly formed board of directors, which will also include DPL founder and CEO David Lau with two independent members to be named later.