Lincoln Financial Network (LFN) has announced the 2015 election of members to the board of directors of The Resource Group, a network of financial planners within LFN’s independent broker/dealer Lincoln Financial Advisors (LFA).
The Resource Group (TRG) shares planning expertise, resources, networking opportunities and practice management strategies to further retail financial advice. TRG is an invitation-only nationwide network of the top 200 planners with LFN’s independent broker/dealer, the company said.
TRG Chairman David Stone, with Stone Consulting Group in Roseville, Calif., said that with the increase in the complexity of the financial services marketplace, the need for advisors and planners to share strategies becomes more important.
“The Resource Group brings together great minds specializing in many different disciplines,” Stone said in a news release. “As a planner, the greater intellectual capital at your disposal, the better the service and support you can provide your clients.”
Serving on the board of directors this year are Stewart Viets of Sagemark Consulting in Napa, Calif.; Anne Machesky of Sagemark Consulting in Edina, Minn.; Larry Phillips, chief executive officer of TRG and LFA; J. Todd Anderson of Sagemark Consulting in Salt Lake City; Cindy Deavel of Deavel Wealth Advisors in Vienna, Va.; Paul Gydosh of Kensington Wealth Partners in Columbus, Ohio; Bruce Linger of LFA in Paramus, N.J.; Michael Lockwood of LFA in Irvine, Calif.; Philip Moshier of Sagemark Consulting in Solon, Ohio; Jeff Nelson of Sagemark Consulting in Overland Park, Kan.; Darrin Shallcross of Shallcross Financial Planning in Chicago, and Rick Weinerman of Sagemark Consulting in Detroit.
TRG’s 2015 board of directors was announced at the group’s annuity meeting in Las Vegas
Each TRG board member will lead various TRG committees and subcommittees that come up with new ideas and actions to the success of LFA advisors.
LFN is the retail wealth management affiliate of Lincoln Financial Group, one of the largest insurance and annuity companies in the country. Other insurance distributors keep tabs on the network as a way to stay abreast of the latest industry developments.
The next several months are expected to deliver important new developments with regard to financial and retirement planning.
In April the Department of Labor released a proposed rule on expand the fiduciary protections under the Employee Retirement Security Income Act (ERISA).
The Securities and Exchange Commission is also expected to issue separate rules governing the behavior of financial advisors.
InsuranceNewsNet Senior Writer Cyril Tuohy has covered the financial services industry for more than 15 years. Cyril may be reached at [email protected].
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