They can shop around to find the highest payout rates or the best riders (extra features) across dozens of carriers. Fiduciary advisors are also legally required to put your best interests first.
Where to Buy Annuities: A Complete Guide to Your Options Annuities are only issued by , but you can purchase them through several different channels. Choosing where to buy is just as important as choosing the product itself, as the channel can affect the fees you pay and the range of options available to you. 1. Insurance Companies (Direct or Captive Agents)
Captive agents can only sell products from their own company, meaning they won't show you potentially better rates from a competitor. 2. Independent Brokers and Financial Advisors where to buy annuities
Known for a simplified, jargon-free online experience and low-risk fixed annuities.
A widely used comparison tool to get instant quotes from various providers. Summary of Top Carriers by Specialty (2026) Top-Rated Provider AM Best Rating Financial Strength New York Life Fixed Indexed Growth Allianz Life Highest MYGA Rates Customer Satisfaction Variety of Options Nationwide What is your primary goal for an annuity— New York Life They can shop around to find the highest
Banks like Bank of America or Wachovia act as distributors rather than issuers.
Some brokers work on commission, which could influence their recommendations. 3. Banks and Credit Unions Choosing where to buy is just as important
These companies offer "no-load" (commission-free) contracts issued by third-party insurers. 5. Online Annuity Marketplaces