Lincoln Financial Advisors poached a U.S. Bank executive for one of four new divisional head positions in what LFA’s chief describes as a shift from a “generalist” to a “specialist” structure.
Regulatory changes, particularly the fiduciary rule, prompted LFA head John DiMonda to add a new management layer above its 12 regional heads, he said last week. For the new position atop Lincoln’s Midwest market, DiMonda tapped John Ekman, who was a Midwest divisional manager at U.S. Bank.
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