The Texas Wholesale Agreement is a contractual arrangement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP to facilitate the wholesale distribution of financial products in the state of Texas. This agreement outlines the terms and conditions under which the parties can sell and distribute various financial products offered by Lincoln Life and Annuity Co. of New York, including life insurance, annuities, and investment products. Under the Texas Wholesale Agreement, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP will collaborate to offer their products to the wholesale market in Texas. This partnership aims to leverage the expertise and distribution networks of all three entities, ensuring that their financial products reach a broader customer base effectively. The agreement includes provisions outlining the responsibilities and obligations of each party involved. Lincoln Life and Annuity Co. of New York will provide the financial products, including relevant marketing materials and educational resources. Lincoln Financial Advisors Corp. will serve as the primary wholesale distributor, responsible for promoting and selling the products. Delaware Distributors, LP will support the distribution efforts, offering logistical and administrative support. To ensure compliance with relevant regulations and maintain high-quality standards, the Texas Wholesale Agreement may encompass different types or variations. These variations could include specific terms and conditions for different types of financial products or tailored agreements for different geographic regions within Texas. The Texas Wholesale Agreement serves as a framework for cooperation between these financial entities, enabling them to combine their resources, expertise, and market reach to effectively distribute financial products in Texas. Through this collaboration, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP aim to provide Texans with reliable access to a wide range of financial solutions, ensuring their financial well-being in various stages of life.
Texas Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP
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