Under the terms of the arrangement, Lincoln may receive, or be required to pay, a price adjustment based on the volume weighted average market price of Lincoln National common stock during the term of the program. The price adjustment can be settled, at Lincoln's option, in cash or in shares of its common stock. Lincoln expects the program to be completed early in the fourth quarter.
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The wealth program at Kinecta Federal Credit Union is changing brokerage, RIA and custodian as the industry fights for recruits of all sizes in the channel.
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A new MIT study says AI could potentially adapt to an advisor's predictive and empathetic behaviors. But industry leaders argue AI is actually generating more job growth for advisors, not replacing them.
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Late-in-life divorces have more than doubled since 1990, and they often decimate retirement savings. How can gray divorcees shore up their finances?
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Some planners and firms are taking action to address impending retirements. Here's why opening more pathways into the field matters to every company in wealth management.
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The Internal Revenue Service is extending tax relief on required minimum distributions from inherited retirement accounts not made in 2024 after providing similar relief in recent years.
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Pershing reported higher revenue in Q1 after a rough last year when clients fled due to First Republic's failure. Parent BNY Mellon's CEO Robin Vince said he feels 'very good' about Pershing.
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