Lincoln Investment Planning, LLC (Lincoln Investment), and BNY Mellon's Pershing are expanding their long-standing clearing arrangement. This move solidifies their partnership and demonstrates a commitment to providing top-tier services to clients in the financial industry. The collaboration between these two reputable firms will create a more streamlined and efficient experience for advisors and investors alike.
It turns out that brokerage firms other than giants like LPL Financial, Osaic, and Cetera Financial Group are targeting acquisitions of firms or financial institutions to strengthen their market position. Lincoln Investment's decision to expand its clearing arrangement with BNY Mellon's Pershing aligns with this trend of strategic partnerships and acquisitions within the industry. This move may pave the way for further growth and expansion opportunities for both companies.
Real estate investment firm Centennial is looking to remain active in the retail industry and buy properties at what it views as a discount. Lincoln Property Company announced Tuesday a strategic investment in Dallas-based Centennial, a national retail real estate owner. This strategic investment signals Lincoln Investment's continued interest in diversifying its portfolio and exploring new opportunities in the real estate sector.
Lincoln's independent broker-dealer and registered investment advisory firms, including a national network of financial professionals, play a crucial role in the company's success. By expanding its clearing arrangement with BNY Mellon's Pershing, Lincoln Investment is positioning itself to better support its network of advisors and enhance the services offered to clients. This partnership reflects Lincoln Investment's commitment to growth and innovation in the financial services industry.
The top executive at BNY Mellon's custody and clearing subsidiary sets his sights on enabling advisors to spend less time doing mundane tasks and more time focusing on client relationships. This customer-centric approach aligns with Lincoln Investment's values and goals, as both firms strive to provide exceptional service and support to advisors and investors. By expanding their clearing arrangement, Lincoln Investment and BNY Mellon's Pershing are working together to improve the overall client experience.
Commonwealth lures $3B San Diego team from Lincoln Investment. With a niche focus on Taft-Hartley retirement plan sponsors, Mammini Company left. This move highlights the competitive landscape of the financial services industry and the importance of attracting top talent. Lincoln Investment's partnership with BNY Mellon's Pershing will enhance its ability to support advisors and attract new talent to its network.
Thank you for sharing! BNY Mellon's Pershing and Lincoln Investment are expanding their longtime clearing partnership as Lincoln transitions. This transition signals a new chapter for Lincoln Investment and reaffirms its commitment to providing exceptional service and support to advisors and clients. The expanded clearing arrangement with BNY Mellon's Pershing will enable Lincoln Investment to better serve its network of financial professionals and enhance the overall client experience.
A Lincoln Financial sale of its broker-dealer and registered investment advisory firms netted $650 million. This sale represents a strategic decision by Lincoln Financial to streamline its operations and focus on core areas of growth. The proceeds from the sale will provide Lincoln Financial with additional resources to invest in new opportunities and further expand its presence in the market.
