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DIFFERENTIAL COMPENSATION
Our goal is to provide comprehensive financial planning and superior
products and services irrespective of the potential compensation
differential that frequently exists in the pricing of financial products
and services. We regularly monitor all products and services offered
through LFA to ensure that they meet our strict quality standards. LFA
promotes the use of an open architecture platform for the implementation
of recommendations made in the financial planning process. This means
that LFA planners have access to a broad spectrum of financial products,
including customized asset management programs, over 3000 mutual funds,
50 separate account managers and industry-leading insurance and annuity
providers, as well as a comprehensive portfolio of stocks, bonds, and
alternative investments.
LFA planners may act as agents of the companies whose products they
sell, and may provide services to you on their behalf. Planners may be
compensated by LFA and/or the product manufacturer via commissions,
asset-based fees, and/or other compensation, which may be built into the
costs and charges of the product.
In some cases, planners receive more compensation when placing Lincoln
Financial Group manufactured products, and may qualify for additional
compensation based on the volume of those sales over time. Planners are
also eligible for additional compensation and/or other incentives based
on factors such as sales volume of certain Lincoln products, the length
of time that clients keep assets in the products, and/or the
profitability of the products. They may also receive compensation based
on the sales of Lincoln products by other agents.
Planners also have the option to participate in benefit programs whose
costs are partially reimbursed by Lincoln affiliates, and/or which are
based on sales volume of Lincoln products. LFA-affiliated companies may
also benefit financially from the sale of proprietary life insurance,
annuity, mutual fund and asset management products offered by our
planners.
In addition, some experienced new planners transitioning their practices
to LFA have been offered loans in anticipation of future sales of
products and services offered by LFA, including both Lincoln Financial
Group and non- Lincoln Financial Group products and services. Some loans
have been offered in anticipation of future sales of Lincoln Financial
Group products alone. The repayment of these loans may be wholly or
partially waived based on the attainment of certain sales levels.
Depending on which product and/or service you purchase, you may also
receive additional materials, which disclose important information, such
as product prospectuses, applications, and disclosure brochures.
REVENUE SHARING & MARKETING SUPPORT
LFA has relationships with both affiliated and non-affiliated companies
that may provide additional revenue and marketing support to our firm as
well as education and training to our planners for the sale of various
mutual fund, annuity, life insurance and alternative investment
products, advisory platforms, and other investment products. Such
revenue and marketing support does not affect the compensation to any
LFA planner or manager. For current information regarding specific
revenue and marketing support, including a list of product sponsors,
review the disclosures on this website.
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