DPL Financial Partners announces $3.6 million investment in Louisville facility creating 40 jobs

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DPL Financial Partners LLC, an independent insurance consulting firm, announced Monday a planned expansion in Louisville with a $3.6 million-plus investment expected to create 40 full-time jobs

“Louisville is an ideal location for our growing firm,” said David Lau, DPL founder and CEO. “We’ve attracted experienced, talented individuals to our team and appreciate the governor’s support as we look to expand our staff in the future.”

DPL, currently on Stanley Gault Parkway, will move within Louisville as part of its expansion. Company leaders have yet to finalize the exact location. Following a soft launch in 2017 and with recent recruitment of investors, the company stands primed for growth. In the coming months, DPL will add sales and marketing, information technology and finance positions to its current staff.

“The financial services industry is building momentum in Kentucky, which is yet another sign of a fast growing economy,” Gov. Matt Bevin said. “DPL’s expansion is proof that service companies are realizing the many advantages of doing business in Kentucky, including our skilled employees, high quality of life, low business costs and close proximity to much of our nation’s population. We welcome DPL to the commonwealth and are grateful to them for their investment here.”

DPL is an insurance network for registered investment advisors, providing them and other fee-based advisory practices with a new model for offering low-cost, commission-free insurance to consumers. Lau founded DPL in 2014 to provide consultation to some of the nation’s largest insurance carriers on commission-free products. The commission-free approach saves money for customers, increases value and, ultimately, improves insurance products.

For more information on DPL Financial Partners, visit www.dplfp.com.

From Governor’s Office

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