Colorado Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP

• Category: Corporations - Public - Agreements
• State: Multi-State
• Control #: US-EG-9361
• Format: Word; Rich Text

Description

Wholesale Agreement between Lincoln Life and Annuity Company of New York, Lincoln Financial Advisors Corporation and Delaware Distributors, LP regarding the establishment of an arrangement for company to act as a wholesaler for variable annuity and The Colorado Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a contractual agreement that outlines the terms and conditions of wholesale sales and distribution of financial products and services in the state of Colorado. This agreement is crucial for ensuring an effective partnership and a smooth functioning relationship between these entities. The Colorado Wholesale Agreement establishes the responsibilities and obligations of each party involved. Lincoln Life and Annuity Co. of New York as the insurance company provides insurance products and annuities, while Lincoln Financial Advisors Corp. acts as the registered investment advisor, offering investment advisory services in line with state regulations. Delaware Distributors, LP operates as the distribution arm, facilitating the sale and distribution of these financial products to authorized brokers and financial institutions. Within the Colorado Wholesale Agreement, various types of wholesale agreements may exist, each designed to cater to specific needs and preferences of the market. These could include: 1. Wholesale Distribution Agreement: This type of agreement governs the distribution of insurance products and investment advisory services to authorized wholesalers, brokers, and financial institutions operating in Colorado. 2. Exclusive Wholesale Agreement: A specific agreement in which Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP exclusively partner with a single wholesale entity for the distribution of their financial products and services. 3. Non-Exclusive Wholesale Agreement: In contrast to the exclusive agreement, this type allows Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP to partner with multiple wholesalers simultaneously, enabling broader market coverage and reach. 4. Territory-Specific Wholesale Agreement: This agreement caters to a specific geographical territory within Colorado, imposing limitations on the distribution activities of the entities involved. It ensures that each party focuses on their designated area to maximize market penetration and manage competition. The Colorado Wholesale Agreement is a vital framework that guides the collaboration between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP, enabling them to operate within the regulatory framework of Colorado, foster successful wholesale distribution, and serve the financial needs of consumers and clients effectively.

The Colorado Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a contractual agreement that outlines the terms and conditions of wholesale sales and distribution of financial products and services in the state of Colorado. This agreement is crucial for ensuring an effective partnership and a smooth functioning relationship between these entities. The Colorado Wholesale Agreement establishes the responsibilities and obligations of each party involved. Lincoln Life and Annuity Co. of New York as the insurance company provides insurance products and annuities, while Lincoln Financial Advisors Corp. acts as the registered investment advisor, offering investment advisory services in line with state regulations. Delaware Distributors, LP operates as the distribution arm, facilitating the sale and distribution of these financial products to authorized brokers and financial institutions. Within the Colorado Wholesale Agreement, various types of wholesale agreements may exist, each designed to cater to specific needs and preferences of the market. These could include: 1. Wholesale Distribution Agreement: This type of agreement governs the distribution of insurance products and investment advisory services to authorized wholesalers, brokers, and financial institutions operating in Colorado. 2. Exclusive Wholesale Agreement: A specific agreement in which Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP exclusively partner with a single wholesale entity for the distribution of their financial products and services. 3. Non-Exclusive Wholesale Agreement: In contrast to the exclusive agreement, this type allows Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP to partner with multiple wholesalers simultaneously, enabling broader market coverage and reach. 4. Territory-Specific Wholesale Agreement: This agreement caters to a specific geographical territory within Colorado, imposing limitations on the distribution activities of the entities involved. It ensures that each party focuses on their designated area to maximize market penetration and manage competition. The Colorado Wholesale Agreement is a vital framework that guides the collaboration between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP, enabling them to operate within the regulatory framework of Colorado, foster successful wholesale distribution, and serve the financial needs of consumers and clients effectively.