Lincoln Financial has announced a new investment solution that provides additional flexibility to small business owners and the financial professionals that support them to help meet participants’ needs.
Built on Lincoln Variable Investment Product (LVIP) funds within the Lincoln Director program, the multi-manager solution gives plan sponsors access to more than 80 LVIP funds, with Lincoln Investment Advisors Corp. (LIAC) serving as the investment advisor, providing third-party oversight over the selection of fund managers from a group of sub-advisory firms.
Financial professionals and their clients can construct their investment lineup from the LVIP fund list, or they can choose 3(38) fiduciary support from Morningstar Investment Management LLC to develop, monitor and update the portfolios on an ongoing basis. Financial professionals also have access to Lincoln Financial’s Client Investment Support team.
“We’re proud to build on our legacy of creating flexibility and choice for financial professionals and their plan sponsors,” says Ralph Ferraro, Lincoln Financial’s Senior Vice President for Retirement Plan Products & Solutions. “And by leveraging our internal investment management expertise, we were able to develop this innovative solution that taps into the experience and knowledge of top asset managers from across the industry.”
Additional information about this solution can be found here.
