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Allianz Life launches variable annuity through Wells Fargo Advisors’ Asset Advisor Program

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Allianz Life’s Allianz Retirement Advantage Variable Annuity is now available within Wells Fargo Advisors’ Asset Advisor Program.

Designed exclusively for professionals working within the growing advisory services market, the product is a cost-effective retirement solution that provides opportunities for tax-deferred growth potential or guaranteed lifetime income.

“There is an increasing need for long-term retirement products that are flexible and offer low-cost allocation options,” says Robert DeChellis, president of Allianz Life Financial Services. “We designed this product to cater to those needs by allowing people to easily transfer their money between accounts as their goals change. Our customers can invest for performance or protection as they see fit.”

Allianz Retirement Advantage offers account choices with varying levels of protection, guarantees, and investment options to complement a retirement portfolio, each with its own cost. The annuity provides clients working with a financial advisor at Wells Fargo Advisors new opportunities to add a level of protection to their portfolio that’s specifically designed for flexibility, legacy preservation, and lifetime income.

“We believe Allianz Retirement Advantage is a powerful addition to Wells Fargo Advisors’ offerings and appreciate the opportunity to work with them on providing their clients with innovative retirement solutions,” adds DeChellis.

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