U.S. Wealth Management Affiliates with LFS
PHILADELPHIA, September 1, 2009 Lincoln Financial Securities, an affiliate of Lincoln Financial Group, today announced that Braintree, Mass.-based U.S. Wealth Management has become a branch office. U.S. Wealth Management is a one-stop financial services provider focused to support all of the needs of advisors through proven practice development, practice management and coaching programs.
"Through a series of proven coaching programs, U.S. Wealth Management has consistently assisted advisors in defining their life and business goals," said Bob Dineen, President and CEO of Lincoln Financial Network. "It is exactly the type of firm we look to affiliate with."
Previously, U.S. Wealth Management operated as a broker dealer, but recently changed its focus to serve a financial services branch. According to John Napolitano, president and CEO of U.S. Wealth Management, the ability to outsource many of its broker/dealer functions while maintaining its independent brand was one of the many reasons U.S. Wealth Management choose to affiliate with LFS.
"Our affiliation also provides greater economies of scale for branch development and recruiting support and access to the latest technologies. More importantly, we share a philosophical alignment for best in class practice management and advisor education," said Napolitano.
Chris Flint, head of Advisor Recruiting for Lincoln Financial Network, said the affiliation is another example of Lincoln Financial's continued commitment to growth through the addition of the highest quality financial services professionals.
"Like Lincoln Financial, U.S. Wealth Management is committed to steady growth and has a culture that fosters strong belief in the role of responsibility and long-term, holistic financial planning," said Flint.
About Lincoln Financial Securities Corporation
An affiliate of Lincoln Financial Group, Lincoln Financial Securities Corporation (LFS) has served investors for more than 30 years. LFS professionals provide effective, long-term financial solutions to individuals and small businesses, offering a wide array of securities, variable insurance products, and advisory services. Additional information about Lincoln Financial Securities Corporation, a member of FINRA and SIPC, can be found at www.lfsecurities.com.
About Lincoln Financial Network
Lincoln Financial Network is the marketing name for the retail sales and financial planning affiliates of Lincoln Financial Group and includes Lincoln Financial Advisors Corp. and Lincoln Financial Securities Corp., both members of FINRA and SIPC. Consisting of more than 7,000 independent representatives, career agents, and full-service financial planners throughout the United States, Lincoln Financial Network professionals can offer planning and advisory services, retirement services, life products, annuities, investments, and trust services to affluent individuals, business owners, and families.
About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $181 billion as of June 30, 2009. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance;
401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and comprehensive financial planning and advisory services. Affiliates also include: Delaware Investments, the marketing name for Delaware Management Holdings, Inc. and its subsidiaries; and Lincoln UK. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.