Massachusetts-based wealth manager affiliates with Lincoln Financial

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Lincoln Financial Securities, an affiliate of Philadelphia-based Lincoln Financial Group, has added Braintree, Mass.-based U.S. Wealth Management as a branch office.

LFS described U.S. Wealth Management as “a one-stop financial services provider” focused to support all of the needs of advisors through proven practice development, practice management and coaching programs.

Bob Dineen

Bob Dineen

“Through a series of proven coaching programs, U.S. Wealth Management has consistently assisted advisors in defining their life and business goals,” said Bob Dineen, president and CEO of Lincoln Financial Network, said in a statement.

U.S. Wealth Management used to operate as a broker-dealer, but recently changed its focus to serve the financial services branch.

John Napolitano, president and CEO of U.S. Wealth Management, said the affiliation allows the company to keep its independent brand and free itself from broker-dealer responsibilities. “Our affiliation also provides greater economies of scale for branch development and recruiting support and access to the latest technologies, Napolitano said.

The affiliation is another example of Lincoln Financial’s growth strategy, said Chris Flint, head of advisor recruiting for Lincoln Financial Network, consisting of more than 7,000 independent representatives, career agents and full-service financial planners.

“Like Lincoln Financial, U.S. Wealth Management is committed to steady growth and has a culture that fosters strong belief in the role of responsibility and long-term, holistic financial planning,” Flint said.

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