BERWYN, PA — Fiduciary Exchange LLC (FIDx) announced this week that its Insurance Exchange (IX) platform has processed more than $3 billion in new transactions, marking a significant milestone as adoption of the platform continues to accelerate. The achievement comes just six months after the company surpassed $2 billion in transaction volume in 2024, underscoring the growing role of annuity solutions in wealth management.
The IX platform integrates commission-based and fee-based annuities from over 20 leading carriers directly into the wealth management tools advisors already use. By streamlining proposal, issuance, and post-sale processes, FIDx aims to reduce operational friction and minimize errors that traditionally delay contract approvals.
“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.”
Industry data from LIMRA highlights the tailwinds behind FIDx’s growth. U.S. annuity sales reached record highs in late 2024 and have maintained strong momentum into 2025, driven largely by retirees seeking guaranteed income amid market volatility.
By embedding annuity access within existing advisory workflows, FIDx positions its platform as a central hub for delivering income and protection strategies to clients without disrupting existing systems.
“Our vision has always been clear: Let financial institutions and their advisors hit the reset button on legacy annuity processing,” Romano added. “We’re making it effortless to bring annuities to their clients for holistic, balanced retirement planning.”
The company’s rapid growth reflects broader shifts in retirement planning as advisors increasingly integrate annuities into diversified strategies to meet evolving client demands.
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