RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group (NYSE: LNC) announced that Tim Seifert has been named head of Annuity Sales, effective immediately. He reports to John Kennedy, senior vice president and head of Retirement Solutions Distribution. In this newly created position, Seifert will lead sales for Lincoln Financial’s annuity distribution business, and focus on fostering consultative partnerships between wholesalers and advisors as they work with clients to solidify their financial futures and build portfolios based on their specific needs.
“As advisors navigate an evolving landscape, it’s critical that they are well-informed about the broad spectrum of products and solutions available to help meet their clients’ retirement income needs,” said Kennedy. “Tim’s appointment as head of Annuity Sales is a testament to the focus we place on distribution excellence. His deep industry knowledge will strengthen the success of wholesalers’ ability to interact with financial advisors to help them find solutions for clients’ needs.”
Seifert joined Lincoln Financial in 2014 to lead Small Market sales for the Retirement Plan Services business. During that time, Lincoln Financial experienced record-setting small market sales growth.
Seifert is a proven leader and a 30-year veteran of the annuity, asset management and retirement industry. Prior to joining Lincoln Financial, he served as head of Annuity Sales at Prudential Financial. He previously spent 23 years at PLANCO Financial Services Group, a wholly owned subsidiary of The Hartford, where he led sales for annuities, mutual funds, 401(k), and 529 plans.
Recently named one of Forbes’ Best Employers for 2017 in the Banking and Financial Services sector, Lincoln Financial is recognized for its strength as a distribution franchise, marked by having one of the largest bases of active advisors in the industry at nearly 90,000 strong.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $236 billion in assets under management as of March 31, 2017. Learn more at: www.LincolnFinancial.com. Find us on Facebook, Twitter, LinkedIn and YouTube. To sign up for email alerts, please visit our Newsroom at http://newsroom.lfg.com.
About Lincoln Financial Distributors
Lincoln Financial Distributors, Inc. (LFD), the wholesale distribution business of Lincoln Financial Group (LFG), provides expertise and access to a range of solutions that help advisors protect wealth and deliver outcomes for their clients. Lincoln’s broad portfolio includes innovative annuity, life insurance and retirement solutions that focus on addressing issues related to taxes, healthcare, longevity, inflation and market volatility. LFD comprises seasoned financial professionals who distribute Lincoln products through licensed insurance agents, registered broker-dealers, and other financial services intermediaries. Affiliates are separately responsible for their own financial and contractual obligations.