Asset management

After you have developed a financial plan with your Lincoln Financial Advisors (LFA) planner — including a customized asset allocation strategy to help toward meeting your specific goals and objectives — the next step is implementation.

Your strategy may be carried out in one of two overarching investment programs: a brokerage account or an asset management program.

Active management at a quarterly cost

Asset management platforms provide ongoing, active management of your personalized portfolio. Your account is charged a quarterly advisory fee. This differs from the traditional practice of charging trade commissions. Certain service costs and/or transaction costs may apply, depending on the type of account you select. You will receive a comprehensive quarterly report that thoroughly analyzes your asset management program. Fees can be discussed with your planner based upon the option you choose.

Two types of asset management programs

Our firm serves as the Registered Investment Advisor (RIA) for some, but not all, of the available asset management programs. You may choose between two types of asset management programs:

  • Separately Managed Account Programs: Often called SMAs, these programs offer access to a large number of institutional money managers selected through an extensive screening and due diligence process that assesses investment philosophy, methodology, technical procedures and experience. Many manage your account on a discretionary basis, and the performance of your portfolio is continually analyzed.
  • Wrap-Fee Mutual Fund Programs: These programs offer diversification using mutual funds from a variety of asset styles. Some programs offer automatic rebalancing to help your portfolio stay on track with your long-term goals. In most programs, our firm leverages strategic relationships that help your planner evaluate mutual funds and recommend asset allocation strategies.

Ask your LFA planner whether an asset management program is appropriate for you.