Former financial adviser Matthew O. Clason was sentenced last month to 2½ years — 30 months — in prison after he pleaded guilty in May to one count of wire fraud in federal court in Hartford, Connecticut, stemming from his theft ...

McLaughlin Asset Management, which manages about $600 million, has changed affiliation from Lincoln Financial Advisors to LPL Financial, using Gladstone Wealth Partners as its office of supervisory jurisdiction. McLaughlin, based in Haddonfield, New Jersey, is led by founder Michael McLaughlin ...

A forthcoming PEP from National Professional Planning Group, Lincoln Financial and Morningstar Investment Management will have the distinction of providing in-plan guaranteed income, the companies announced Thursday. Lifetime income, particularly as part of a plan’s qualified default investment option, is ...

Lincoln Financial Group, a provider of annuities and retirement products, named Ellen Cooper president and chief executive to succeed Dennis Glass after the 2022 annual meeting in May.  Cooper, the firm’s chief investment officer, will also join the board next ...

Lincoln Financial Group, parent to the independent broker-dealer Lincoln Financial Network, and a former recruiter settled an age discrimination claim that alleged the recruiter, Louis Hanna, was fired in October 2017 for “poor performance.” At the time he was 50 ...

Brumbaugh Wealth Management, an Exton, Pennsylvania-based firm that managed $300 million at Lincoln Financial, has affiliated with Cetera Advisor Networks through AdvisorNet, one of the firm’s large offices of supervisory jurisdiction. Kimberly Brumbaugh founded her eponymous firm in 2004. [More: ...