Lincoln Financial Advisors Corporation (Fort Wayne)

Lincoln Financial Advisors Corporation is a large advisory firm based in Fort Wayne. It manages $22.29 billion of regulatory assets for 73,971 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 47 other states.

Lincoln Financial Advisors Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, educational seminars and workshops, and retirement plan consulting services provided on a limited basis.. It prepares financial plans for approximately 4,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lincoln Financial Advisors Corporation: assets under management

The assets under management (AUM) of Lincoln Financial Advisors Corporation is $22.29 billion. The firm's AUM has grown by 366% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.06 billion in discretionary accounts and $18.22 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $357.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $291.1 thousand.

Lincoln Financial Advisors Corporation has custody of $7.12 billion in cash and securities for 23,200 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lincoln Financial Advisors Corporation for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wilford Herndon Fuller serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Wilford Herndon Fuller is individuals with 72,263 clients and $20.44 billion of assets under management. Among the 11 most similar advisory firms, Lincoln Financial Advisors Corporation has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $22.28 billion for 73,964 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Lincoln Financial Advisors Corporation doesn't advise any private funds.

Careers at Lincoln Financial Advisors Corporation

The company employs 1,995 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 1,289 employees are registered as investment adviser representatives with the state securities authorities.

There are 168 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Wilford Herndon Fuller has been acting as President since 1 Apr 2013. Edward Nigel Walters joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 2 indirect owners.

Based in Fort Wayne

The principal office where Lincoln Financial Advisors Corporation performs its advisory services is located at 1300 South Clinton Street, Fort Wayne, IN 46802 The mailing address of the firm is P.O. Box 2239, Fort Wayne, IN 46801 2239. An additional office of the firm is in Cincinnati, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-237-3813 or by fax 260-455-9798. The normal business hours are 8:30 a.m. to 7:00 p.m. on Monday - Friday. You can find more information about the New York firm at lfg.com.

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