Lincoln Financial Group

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Lincoln Financial Group

Core Business Areas

Lincoln Financial Group specializes in several core business areas:

  • Life Insurance: Lincoln Financial Group provides a range of life insurance products, including term life, universal life, indexed universal life, and variable universal life insurance.

  • Retirement Solutions: Lincoln’s retirement savings plans include individual retirement accounts (IRAs), annuities, employer-sponsored retirement plans (such as 401(k) plans), and pension products.

  • Group Benefits: Lincoln Financial Group provides group benefits solutions to employers, helping them offer comprehensive insurance coverage to their employees. This encompasses group life insurance, disability insurance, dental insurance, vision insurance, and other employee benefits programs.

  • Investment Management: Lincoln operates an investment management division, which focuses on asset management services. They offer investment products and solutions for individuals, institutions, and financial advisors. These products include mutual funds, managed accounts, and institutional investment strategies.

  • Financial Planning: Lincoln offers financial planning services to individuals and families, helping them create customized financial strategies. This includes comprehensive financial assessments, retirement planning, estate planning, and guidance on wealth management.

Distribution Platforms

Lincoln Financial Group utilizes three primary distribution platforms to sell its diverse range of products:

Wholesale Distribution: Life insurance, annuities, and select defined contribution plans sold through financial intermediaries within the wholesale distribution channel.

Retail Distribution: The company’s retail wealth management organization, Lincoln Financial Network, serves as the platform for selling life insurance, annuities, and defined contribution plans. The network comprises independent advisors, agents, and representatives.

Worksite Sales: Group benefits and defined contribution plans are sold directly to employers or through intermediaries.

Lincoln Financial Group

Latest Earnings

-$5.37

Lincoln National Corp · Earnings Per Share (EPS) · FY23 Q1

LIMRA Ranking

Ranked 9th • Total Annuity Sales, with $3.2 billion. Q1 2023.

About Lincoln Financial Group

Established in 1905, Lincoln Financial Group is a financial services company headquartered in Radnor, Pennsylvania, with a workforce of over 11,000 employees.

Lincoln Financial Group serves both individual and institutional clients and has operations in the United States, Canada, and the United Kingdom. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol “LNC” and is a component of the S&P 500 index.

Ellen G. Cooper has been the president and chief executive officer since May 2022.