Lincoln Investment Planning, LLC (Fort Washington)


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.