BERWYN, PA — Fiduciary Exchange LLC (FIDx) announced its Insurance Exchange (IX) platform has crossed $3 billion in transaction processing volume, marking a major milestone in the company’s growth and underscoring the rising role of annuities in retirement planning. The achievement comes just six months after the platform surpassed $2 billion in volume in 2024.
The IX platform, designed to integrate annuities seamlessly into the wealth management process, enables financial advisors to access commission-based and fee-based annuity products from more than 20 carriers without leaving their existing systems. By streamlining the process—from proposal through issuance—the platform reduces paperwork errors and delays that have long complicated annuity transactions.
“Advisors no longer need to treat annuities as a separate, complex product,” said Rich Romano, CEO of FIDx. “FIDx enables advisors to deliver annuities as essential building blocks within their clients’ portfolio, ensuring they have access to the income and protection solutions they need.”
Annuities, which provide guaranteed income, are becoming increasingly important as retirees seek stability in uncertain markets. Industry data from LIMRA shows U.S. annuity sales reached record highs in late 2024, momentum that has continued into 2025. FIDx’s rapid growth reflects this trend, as financial institutions look for more efficient ways to integrate annuities into client portfolios.
“Our vision has always been clear: Let financial institutions and their advisors hit the reset button on legacy annuity processing,” Romano said. “We’re making it effortless to bring annuities to their clients for holistic, balanced retirement planning.”
By positioning annuities alongside traditional investment solutions, FIDx is helping advisors meet growing client demand for guaranteed income while modernizing a historically cumbersome process. The milestone highlights both the company’s accelerating adoption and the broader shift in retirement planning strategies.
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