Overview of Transaction

• On December 3, 2024, DPL Financial Partners announced that it had raised $23 million in financing led by Eos Ventures with significant contributions by TIAA Ventures and other strategic insurance investors
• DPL is the only digital, no-load insurance distribution technology platform delivering disruptively priced products to help RIAs improve financial outcomes for clients and grow fee-based revenue for their firms
• As the wealth management industry rapidly transitions to a fee-based business model, DPL is opening the $5 trillion+ life and annuity market to RIAs
• In addition to an extensive product marketplace, DPL offers proprietary tools for RIAs to easily discover and compare product pricing and features to find the best fit for each client’s needs and goals.
• Integration into the Orion and Envestnet / Tamarac platforms and an embedded marketplace within Black Diamond give DPL coverage of ~80% of addressable AUM / AUA, with additional partnerships in the pipeline

FT Partners' Role

• DPL will use the new capital to fund ongoing expansion, prioritizing technology development and sales team expansion
• DPL’s financial trajectory continues to grow, with the Company’s current total Assets Under Administration exceeding $3.7 billion

FT Partners' Role

• FT Partners served as the exclusive financial and strategic advisor to DPL Financial Partners
• This transaction underscores FT Partners’ position as the leading advisor to FinTech companies globally, as well as its ability to generate highly positive outcomes across the InsurTech and WealthTech spaces