Brokerage services

Lincoln Financial Advisors (LFA) brokerage accounts offer features and services designed to help meet your individual needs.Your LFA financial planner will help you determine which services are appropriate for you. 

Please view the features to learn about each service in detail. 

National Financial Services, LLC® (NFS)

As part of our effort to provide you with quality service, LFA has a relationship with National Financial Services, LLC, Member New York Stock Exchange (NYSE) and member of the Securities Investors Protection Corporation (SIPC), a Fidelity® Investments company, to provide trade execution, custody and other related services for your brokerage account. As custodian of your brokerage account, NFS, at the direction of LFA, is responsible for:

  • The execution, clearance and settlement of securities transactions.
  • Preparing and sending periodic account statements and transaction confirmations.
  • The custody (or safekeeping), receipt, and delivery of funds and securities.

Pershing, LLC® (Pershing)

Additionally, LFA has a relationship with the clearing firm Pershing, LLC, Member New York Stock Exchange (NYSE) and member of the Securities Investors Protection Corporation (SIPC) to provide trade execution, custody and other related services for your brokerage account.

Pershing, established in 1939, is an affiliate of The Bank of New York Mellon. Today Pershing is one of the nation's largest clearing firms. LFA selected Pershing as clearing firm based on its vast industry experience, its financial stability and the range of programs and services it offers. Today Pershing is one of the nation's largest clearing firms.