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Lincoln Financial Advisors (LFA)

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Mar 26, 2009 12:16 am

Does anyone in the forum have any info or experience with Lincoln Financial Advisors ? Anything you can share would be appreciated.

Mar 26, 2009 12:34 am
fladvisor:

Does anyone in the forum have any info or experience with Lincoln Financial Advisors ? Anything you can share would be appreciated.



At the top of the page is a search function, use it, type in
"Ameriprise" and read on.
Mar 26, 2009 1:35 am

Respectfully I have met with both firms & LFA is nothing like Ameriprise. Ameriprise seems like a Riversource shop versus LFA open atmosphere… Thank you for your comments

Mar 31, 2009 1:59 am

the guys at Lincoln  don’t wear shoes made of styrafoam and formaldahyde…plus they have laces

Mar 31, 2009 3:28 am

[quote=fladvisor]Respectfully I have met with both firms & LFA is nothing like Ameriprise. Ameriprise seems like a Riversource shop versus LFA open atmosphere… Thank you for your comments[/quote]

I recommend that you go immediately to Yahoo Finance and pull up a 52-week price chart for LNC.  Contemplate whether or not this is a company that can provide you with a stable business platform.

Mar 31, 2009 2:15 pm

Yeah but that holds true for JPM,BAC,MS, and a lot of the regional banks too…Good thing EDJ isn’t traded…

Mar 31, 2009 8:51 pm

Why would it matter if EDJ traded?  Assuming you really are a Financial Advisor, one would assume you knew something about “finances”  You make yourself look silly.

Mar 31, 2009 9:50 pm
ytrewq:

Why would it matter if EDJ traded?  Assuming you really are a Financial Advisor, one would assume you knew something about “finances”  You make yourself look silly.

  Privately-held firms are run a lot more conservatively than public ones.  Since they are not beholden to institutional shareholders, they're not under the gun to produce profits.  This is part of the reason there are no more pure investment banks - they took on too much risk, got burned, and now are wholly-owned subsidiaries of the U.S. Government.  Private firms can take on less risk, don't have to mark-to-market (remember that term?), and generally can take a more long-term perspective on their own investments.   Seems to me you made yourself look pretty silly given your knowledge of "finances".
Mar 31, 2009 10:19 pm

Don’t act like the GPs don’t want their income rising… All firms have pressure, public and private. I agree that public are under much more and get scrutinized more(hence public), but privates have issues too.

Mar 31, 2009 10:59 pm

Hedge funds are private, look how well they’re doing in this climate. 

Mar 31, 2009 11:16 pm

for what it is worth, if the name on the paycheck owns by name or subsidiary any type of product or research, then you are just a profit center for the company on the check.  Go Indy!

Apr 1, 2009 12:13 am
deekay:

[quote=ytrewq]Why would it matter if EDJ traded?  Assuming you really are a Financial Advisor, one would assume you knew something about “finances”  You make yourself look silly.

  Privately-held firms are run a lot more conservatively than public ones.  Since they are not beholden to institutional shareholders, they're not under the gun to produce profits.  This is part of the reason there are no more pure investment banks - they took on too much risk, got burned, and now are wholly-owned subsidiaries of the U.S. Government.  Private firms can take on less risk, don't have to mark-to-market (remember that term?), and generally can take a more long-term perspective on their own investments.   Seems to me you made yourself look pretty silly given your knowledge of "finances".[/quote]   deekay, You made my whole point.  We did not take on extra risk. blah blah blah.  You made yourself look silly not knowing how to read a simple post.  If you skipped 3rd grade you really should retake it.
Apr 1, 2009 12:45 am
ytrewq:

[quote=deekay][quote=ytrewq]Why would it matter if EDJ traded?  Assuming you really are a Financial Advisor, one would assume you knew something about “finances”  You make yourself look silly.

  Privately-held firms are run a lot more conservatively than public ones.  Since they are not beholden to institutional shareholders, they're not under the gun to produce profits.  This is part of the reason there are no more pure investment banks - they took on too much risk, got burned, and now are wholly-owned subsidiaries of the U.S. Government.  Private firms can take on less risk, don't have to mark-to-market (remember that term?), and generally can take a more long-term perspective on their own investments.   Seems to me you made yourself look pretty silly given your knowledge of "finances".[/quote]   deekay, You made my whole point.  We did not take on extra risk. blah blah blah.  You made yourself look silly not knowing how to read a simple post.  If you skipped 3rd grade you really should retake it.[/quote]

Aside from the short term pressures to make the quarterly number, privately held firms are often run by the same folks who have significant capital at risk in the firm.  They stand to lose it all if the screw the pooch. Similarly with independantly owned indy OSJ's.
Apr 1, 2009 1:08 am
HymanRoth:

[quote=ytrewq][quote=deekay][quote=ytrewq]Why would it matter if EDJ traded?  Assuming you really are a Financial Advisor, one would assume you knew something about “finances”  You make yourself look silly.

  Privately-held firms are run a lot more conservatively than public ones.  Since they are not beholden to institutional shareholders, they're not under the gun to produce profits.  This is part of the reason there are no more pure investment banks - they took on too much risk, got burned, and now are wholly-owned subsidiaries of the U.S. Government.  Private firms can take on less risk, don't have to mark-to-market (remember that term?), and generally can take a more long-term perspective on their own investments.   Seems to me you made yourself look pretty silly given your knowledge of "finances".[/quote]   deekay, You made my whole point.  We did not take on extra risk. blah blah blah.  You made yourself look silly not knowing how to read a simple post.  If you skipped 3rd grade you really should retake it.[/quote]

Aside from the short term pressures to make the quarterly number, privately held firms are often run by the same folks who have significant capital at risk in the firm.  They stand to lose it all if the screw the pooch. Similarly with independantly owned indy OSJ's.
[/quote] I am one of those folks.  My return on partnership was quite adequete.
Apr 1, 2009 2:20 am
ytrewq:

[quote=deekay][quote=ytrewq]Why would it matter if EDJ traded?  Assuming you really are a Financial Advisor, one would assume you knew something about “finances”  You make yourself look silly.

  Privately-held firms are run a lot more conservatively than public ones.  Since they are not beholden to institutional shareholders, they're not under the gun to produce profits.  This is part of the reason there are no more pure investment banks - they took on too much risk, got burned, and now are wholly-owned subsidiaries of the U.S. Government.  Private firms can take on less risk, don't have to mark-to-market (remember that term?), and generally can take a more long-term perspective on their own investments.   Seems to me you made yourself look pretty silly given your knowledge of "finances".[/quote]   deekay, You made my whole point.  We did not take on extra risk. blah blah blah.  You made yourself look silly not knowing how to read a simple post.  If you skipped 3rd grade you really should retake it.[/quote]   The way I understood your post was to say "If EDJ was a public company, it would be run the same exact way."  If I misunderstood, that's my mistake.  If that is exactly what you meant, you are sorely mistaken.  LPs and GPs would have a much smaller voice in how the company was run.  In their place would be institutional investors who would demand bigger profits in a shorter amount of time.  EDJ would have been forced to either be a second tier company in the eyes of Wall Street analysts or take on more risk for greater return.