After you have developed a financial plan with your Lincoln Financial Advisors (LFA) planner – including a customized asset allocation strategy to help meet your specific goals and objectives – the next step is implementation. Your strategy may be carried out in one of two overarching investment programs: a brokerage account or, as described here, an asset management program.
Asset management platforms provide ongoing, active management of your personalized portfolio. You will receive a comprehensive quarterly report that thoroughly analyzes your asset management program.
Two Types of Asset Management Programs
Our firm serves as the Registered Investment Advisor (RIA) for some, but not all, of the available asset management programs. You may choose between two types of asset management programs:
Separately Managed Account Programs: Often called SMAs, these programs offer access to a large number of institutional money managers selected through an extensive screening and due diligence process that assesses investment philosophy, methodology, technical procedures and experience. Many manage your account on a discretionary basis, and the performance of your portfolio is continually analyzed.
Wrap-Fee Mutual Fund Programs: These programs offer diversification using mutual funds from a variety of asset styles. Some programs offer automatic rebalancing to help your portfolio stay on track with your long-term goals. In most programs, our firm leverages strategic relationships that help your planner evaluate mutual funds and recommend asset allocation strategies.
We’ll work with you to determine if an asset management program is appropriate for you.