Lion Street
Lion Street, founded in 2010 by Bob Carter and a group of life insurance firms, operates as a national network providing life insurance and wealth planning solutions with over $18 billion in assets under administration.
Company History
Founded in 2010, Lion Street emerged from a collaborative effort among several life insurance firms spearheaded by industry veteran Bob Carter. The company has grown significantly since its inception, establishing a strong foothold as a national network of independent firms. From its early days, Lion Street has focused on providing sophisticated life insurance and wealth planning solutions, particularly for high-net-worth individuals, families, and businesses.
Services
Lion Street specializes in offering comprehensive life insurance and wealth planning solutions. The company employs an open architecture model, enabling affiliates to choose from a wide range of carriers and products. Serving high-net-worth clients, Lion Street assists with intricate life insurance planning needs, ensuring access to major products and resources. Additionally, they provide ownership opportunities through equity in their parent company, Integrity, an insurtech leader.
Network and Reach
Lion Street supports a robust network of over 800 financial professionals spread across more than 200 independent firms. The extensive network helps manage over $18 billion in assets under administration and facilitates the maintenance of more than $100 billion in life insurance benefits in force. The company's comprehensive reach allows it to deliver specialized and scalable services effectively.
Events and Industry Participation
Lion Street actively engages with the industry by hosting significant annual events such as Institute 2024 and Indaba 2023. These events serve as platforms for sharing insights, strategies, and best practices within the industry. Furthermore, Lion Street's involvement in these events underscores its commitment to continuous improvement and knowledge sharing.
Awards and Recognitions
In 2024, Financial Advisor ranked Lion Street as the #30 Independent Broker Dealer. This recognition reflects the company's influence and standing within the financial services sector. Lion Street's consistent performance and innovative approaches contribute to its esteemed reputation in the industry.