Luma Financial Technologies Partners with Gradient Insurance Brokerage to Offer Advanced Annuity Tools to KonnexME Platform
June 24 2024 - 10:04AM
Business Wire
Luma Financial Technologies (“Luma”), the world’s top
independent, multi-issuer, structured products, and annuities
platform, is pleased to announce their latest partnership with
Gradient InsuranceBrokerage, LLC (“Gradient”), an independent
marketing organization specializing in fixed annuities and life
insurance. This collaboration is poised to empower Gradient’s
proprietary KonnexME platform, equipping financial services
professionals (“FSPs”) in the annuity sector with exclusive access
to Luma’s extensive suite of educational resources, state of the
art analytics, advanced suitability tools and comprehensive product
lifecycle capabilities.
Luma is at the forefront in developing comprehensive annuity
solutions, delivering extensive tools encompassing learning,
assessment, configuration, comparison, and order tracking
functionalities. Newly available educational resources for
Gradient’s FSPs include NAIC carrier product training and carrier
marketing materials, aiding FSPs in positioning the benefits of
annuities effectively and compliantly. Furthermore, Luma's
resources empower FSPs by providing extensive data on the entire
annuity lifecycle and streamlines the product discovery process,
enabling FSPs to efficiently compare and assess various annuity
products.
“We are thrilled to announce a first-of-it’s-kind strategic
partnership that infuses our resources and expertise with the
KonnexME technology platform to offer unparalleled opportunities to
FSPs," said Jay Charles, Director of Annuity Products at Luma
Financial Technologies. "By combining strengths, we are poised to
empower the FSPs with the tools they need to navigate the
complexities of annuity management confidently."
Through comprehensive support offerings and business coaching,
Gradient is committed to providing FSP-first support, specialized
expertise, proven marketing systems, and comprehensive value-added
professional and educational services. With the integration of Luma
into KonnexME, FSPs gain access to client-level performance
reporting and alerts for product events, reinforcing their
commitment to driving optimal client outcomes through personalized
services.
"We are excited to collaborate with Luma Financial Technologies
to elevate our proprietary technology solutions," said Kristina
Walch, Chief Operating Officer at Gradient Financial Group. "This
partnership reaffirms our dedication to equipping FSPs with the
best-in-class tools and resources to support their efforts in
delivering a confident financial future for their clients."
For more information on Luma’s market leading annuity tools,
visit www.lumafintech.com
About Luma Financial Technologies
Founded in 2018, Luma Financial Technologies (“Luma”) has
pioneered a cutting-edge fintech software platform that has been
adopted by broker/dealer firms, RIA offices, and private banks
around the world. By using Luma, institutional and retail investors
have a fully customizable, independent, buy-side technology
platform that helps financial teams more efficiently learn about,
research, purchase, and manage alternative investments as well as
annuities.
Luma gives these users the ability to oversee the full,
end-to-end process lifecycle by offering a suite of solutions.
These include education resources and training materials; creation
and pricing of custom structured products; electronic order entry;
and post-trade management. By prioritizing transparency and ease of
use, Luma is a multi-issuer, multi-wholesaler, and multi-product
option that advisors can utilize to best meet their clients’
specific portfolio needs.
Headquartered in Cincinnati, OH, Luma also has offices in New
York, NY, Zurich, Switzerland, and Miami, FL. For more information,
please visit Luma’s website, or follow us on LinkedIn and
Twitter.
About Gradient Insurance Brokerage, LLC
Gradient Insurance Brokerage, LLC., is a premier insurance
marketing organization founded in 2005 by Chuck and Tami Lucius,
dedicated to providing innovative solutions for insurance
professionals and clients across the nation. Leveraging a
proprietary technology platform, Gradient has redefined the
insurance marketplace by enhancing the connection between financial
services professionals and their clients with efficiency and
reliability. With a reputation for rapid growth and excellence,
Gradient offers a comprehensive suite of insurance products,
including life, health, and annuity products, tailored to meet the
evolving needs of today's market. Gradient Insurance Brokerage is
headquartered in St. Paul, Minnesota. For more information, visit
www.gradientfinancialgroup.com.
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Joe Collins, River Communications jcollins@riverinc.com
914-686-5599