Lincoln National (LNC) Extends Tie-Up With Valmark Advisers
May 29, 2019 by Zacks Equity Research
Lincoln National Corporation LNC recently expanded its collaboration with Valmark Advisers, Inc, a leading provider of Exchange-traded fund (ETF) portfolio management. With this deal, Lincoln’s Variable Universal Life (VUL) and Variable Annuity (VA) products will be accessible to TOPS ETF Portfolios, managed by Valmark Advisers.
It is believed that Lincoln’s advanced range of VUL and VA products would be able to cater to the evolving needs of the ETF market.
Notably, Valmark Financial Group has been leading the ETF movement since 2002 and is one of the most experienced and largest managers of ETF portfolios. It is currently managing around $5 billion in ETF assets.
Both companies have been sharing a solid partnership of more than 20 years on the distribution side of life insurance and annuities. Last year, Lincoln was acknowledged as the first selling spot for the VUL and VA products with Valmark Securities’ independent registered representatives.