Lincoln Financial Network Opens Coastal Financial Partners

PHILADELPHIA, Feb. 11 /PRNewswire-FirstCall/ -- Lincoln Financial Network (LFN), the marketing name for the retail sales and financial planning affiliates of Lincoln Financial Group, announced today the opening of Coastal Financial Partners Group, a new insurance and financial services agency based in Los Angeles.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO )

Led by Gary R. Schulte, CLU®, a 35-year industry veteran, Coastal Financial is a general agency that was founded to provide specialized support for experienced financial service professionals who seek a full spectrum of marketing, client service support and access to innovative wealth solutions such as Lincoln LifeComp® for small business owners and high net worth clients.

Coastal Financial, located in Century City, Los Angeles, also has a presence in Northern California and the Great Lakes region. The firm is focused on growing a "best in class" group of insurance professionals serving small business owners and high net worth individuals.

"The experience of the Coastal Financial management team allows it to serve a well diversified and dynamic mix of producers – experienced life insurance professionals and securities brokers who want to expand their practice to include insurance," said Bill Seawell, Sr. Vice President of Distribution for Lincoln Financial.

LFN represents one of the nation's top retail brokerage operations with more than 7,600 financial services professionals. Lincoln's affiliated advisors have access to a full spectrum of products, services and in-house expertise.

"While most general agencies simply want to be the largest distributor of insurance, Coastal is focused on being and remaining more of a boutique agency for choosy financial service professionals," said Schulte.

About Lincoln Financial Network

Lincoln Financial Network is the marketing name for the retail sales and financial planning affiliates of Lincoln Financial Group and includes Lincoln Financial Advisors Corp. and Lincoln Financial Securities Corp., both members of FINRA and SIPC. Consisting of more than 7,600 representatives, career agents, and full-service financial planners throughout the United States, Lincoln Financial Network professionals can offer financial planning and advisory services, retirement services, life products, annuities, investments, and trust services to affluent individuals, business owners, and families.

About Lincoln Financial Group

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $137 billion as of September 30, 2009. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

SOURCE Lincoln Financial Group