Beacon Research was founded in 1997 by Jeremy Alexander. A qualifying member of the Million Dollar Round Table, Court of the Table and the New York Life Chairman’s Council, he was frustrated that he couldn’t find an objective, thorough and reliable source of fixed annuity product information to support his practice. So he left his brokerage firm to create just such a resource and founded Beacon Research.
Jeremy and his team spent many months collecting data and developing a fully relational database, along with computerized tracking and publishing systems. Beacon’s initial products were print publications in those days before the Internet. The first subscription was sold in 1998 to the largest issuer of fixed annuities in the United States.
Much has changed since those early days. Beacon became a software developer and began making its data available with web-based search and reporting tools. We started the industry’s first and only quarterly study to track and analyze fixed annuity sales at the product level, as well as the first credited rate benchmark series. We’ve added indexed and variable annuities to our database. Beacon Research is now a recognized annuity authority, widely cited and quoted in the financial and consumer media alike.
But some things remain the same. To assure the greatest possible degree of accuracy, it was Beacon’s policy from the start to require that all product profiles be approved by issuers. Our AnnuityNexus database is still the only resource of its kind to offer 100% issuer-approved information. Determined never to compromise our objectivity, we were founded as a completely independent research organization and so we remain. We don’t sell the products we track and we never will. And our complete commitment to our clients continues.
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