Lincoln Investment

Lincoln Investment provides advisory and financial planning services to a broad client base that includes individual (retail) investors, high‑net‑worth clients, employer‑sponsored retirement plans and other institutional clients, managing roughly $22 billion in advisory assets through a network of nearly 300 advisors and more than 138,000 client relationships. The firm offers both fee‑based portfolio management (wrap and non‑wrap programs), financial planning, ERISA plan advice and access to third‑party managed strategies and platform solutions.

The firm’s in‑house Investment Management & Research team runs a mix of strategic and dynamic (AIM) model portfolios and oversees Sub‑Advisers; advisors may also deliver non‑discretionary or limited discretionary client‑managed custom portfolios, and Lincoln makes explicit allowance for both discretionary and substantial non‑discretionary assets across its programs. Research and manager selection combine quantitative screening, qualitative review and, for certain dynamic models, machine‑learning tools (neural‑network inputs) to inform asset‑allocation and share‑class decisions under a formal share‑class selection policy.

Compared with many large RIAs, Lincoln operates as a broker‑dealer and insurance agency in addition to its advisory business and acts as introducing broker‑dealer for Pershing, which supports a firm sweep program and results in third‑party revenue sharing and custodial relationships that the brochure discloses as material conflicts to monitor. The firm is affiliated with an SEC‑registered adviser (Capital Analysts), notes that some advisory assets may be deemed to involve custody (subject to surprise exams), and documents advisor practices such as commission sales, outside business activities (including real‑estate and professional services) and relationships with other institutional providers — all features that distinguish its operating model from many peers.