Lincoln Investment Planning, LLC (Fort Washington)

Name: Lincoln Investment Planning, LLC
Address: 601 Office Center Drive, Fort Washington, PA, 19034 3232
Telephone: 215-887-8111

Lincoln Investment Planning, LLC is a large advisory firm based in Fort Washington. It manages $9.04 billion of regulatory assets for 139,067 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 45 other states.

Lincoln Investment Planning provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm also engages as ib member of nfa.

Lincoln Investment Planning: assets under management

The assets under management (AUM) of Lincoln Investment Planning, LLC is $9.04 billion. The firm's AUM has grown by 52% since the beginning of its operation, and $8.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $5.17 billion in discretionary accounts and $3.87 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $72.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $56.88 thousand.

Lincoln Investment Planning has custody of $8.8 billion in cash and securities for 124,777 clients in total and acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 99% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lincoln Investment Planning, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Edward Jr Forst serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Edward Jr Forst is individuals with 124,531 clients and $8.17 billion of assets under management. Among the 9 most similar advisory firms, Lincoln Investment Planning has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $9.04 billion for 125,948 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Lincoln Investment Planning doesn't advise any private funds.

Careers at Lincoln Investment Planning, LLC

The company employs 1,279 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 843 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Edward Jr Forst has been acting as President since 1 Feb 2002. Christopher Thomas Kelm joined the executive team most recently as the Vp, Operations/Principal Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Harry Samuel Forst	Assistant secretary/director	1 May 1992	Other	1197596
Rosemarie Forst	Assistant secretary/director	1 May 1992	Other	831899
Mariellen Forst Paulus	Secretary/director	1 May 1992	Other	1640246
Thomas Forst	Director	1 Jun 1994	Other	841057
Karen A Oneill	Assistant secretary/director	1 Jun 1994	Other	1756874
John Dennis Schu	Sr vice-president, branch development	1 Jul 1997	Other	1036737
Deirdre Broderick Koerick	Sr vice-president, chief compliance officer	1 Apr 2000	Other	1029346
Edward Jr Forst	President/ceo/director	1 Feb 2002	Other	708024
Thomas G Murphy	Sr vice-president, chief operating officer	1 Aug 2009	Other	2227373
Thomas Gerard Murphy	Sr vice-president, chief operating officer	1 Aug 2009	Other	2227373
Norman Mark Marr	Sr vice-president, chief financial officer/treasurer	1 Jan 2011	Other	2790881
Stephen Joseph Quickel	Sr vice-president, technology	1 Nov 2011	Other	2488644
Steven N Flax	Sr vice-president, human resources	1 Jan 2012	Other	5655474
Steven Neil Flax	Sr vice-president, human resources	1 Jan 2012	Other	5655474
Denis Neil Houser	Sr vice-president, business development for capital analysts	1 Jun 2012	Other	1640242
Karen Dougherty Bura	Assistant treasurer	1 Nov 2014	Other	1666006
Llc Lincoln Investment Capital Holdings	Owner	1 Aug 2015	75% - 100%	32-0468930
Edward Jr Forst	Elected manager/president/ceo	1 Aug 2015	Other	708024
Edward Samuel Jr Forst	Elected manager/president/ceo	1 Aug 2015	Other	708024
Debra Ann Patterson	Secretary	1 Dec 2016	Other	1066197
Paul Steven Mendelson	Interim chief financial officer	1 Sep 2017	Other	2519185
Paul S Mendelson	Interim chief financial officer	1 Sep 2017	Other	2519185
Diane Mulherrin Mccarthy	Sr vice-president/chief financial officer	1 Sep 2018	Other	4923328
Diane M Mccarthy	Sr vice-president/chief financial officer	1 Sep 2018	Other	4923328
Christopher Thomas Kelm	Vp, operations/principal operations officer	1 Jan 2019	Other	1694572
Vellore Gururaja Rao	Vp, technology	1 Jan 2019	Other	6052318
Raymond Paul Iii Shivers	Sr vice-president, operations and technology / chief operating officer	1 Jan 2019	Other	4205724

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Lincoln Investment Group Holdings	Owner	1 Aug 2015	75% - 100%	45-5025285

Based in Fort Washington

The principal office where Lincoln Investment Planning, LLC performs its advisory services is located at 601 Office Center Drive, Fort Washington, PA 19034 3232, which is also the mailing address of the firm. An additional office of the firm is in Jenkintown, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-887-8111 or by fax 215-376-1057. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at lincolninvestment.com.