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Lincoln National (LNC) Extends Tie-Up With Valmark Advisers

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Lincoln National Corporation (LNC - Free Report) recently expanded its collaboration with Valmark Advisers, Inc, a leading provider of Exchange-traded fund (ETF) portfolio management. With this deal, Lincoln’s Variable Universal Life (VUL) and Variable Annuity (VA) products will be accessible to TOPS ETF Portfolios, managed by Valmark Advisers.

It is believed that Lincoln’s advanced range of VUL and VA products would be able to cater to the evolving needs of the ETF market.

Notably, Valmark Financial Group has been leading the ETF movement since 2002 and is one of the most experienced and largest managers of ETF portfolios. It is currently managing around $5 billion in ETF assets.

Both companies have been sharing a solid partnership of more than 20 years on the distribution side of life insurance and annuities. Last year, Lincoln was acknowledged as the first selling spot for the VUL and VA products with Valmark Securities’ independent registered representatives.  

Lincoln believes, this tie-up has helped it retain its commitment to allow advisors and their clients find better options to safeguard their financial future.

Lincoln VULOne, Lincoln AssetEdge VUL, i4LIFE Advantage and now Lincoln InvestmentSolutionsSM RIA offer great value for customers as well as innovation. The funds supplied by Lincoln consist of the TOPS Balanced ETF Portfolio and the TOPS Moderate Growth ETF Portfolio and are available for investment now.

Shares of this Zacks Rank #3 (Hold) company have lost 9.6% in the past year, narrower than its industry’s decline of 12.2%. However, its solid fundamentals, such as increasing top line and a strong segmental performance would likely help the stock bounce back going forward.

Stocks to Consider

Investors interested in the insurance space can look into some better-ranked stocks, namely American Equity Investment Life Holding Company (AEL - Free Report) , Reinsurance Group of America, Incorporated (RGA - Free Report) and Arch Capital Group Ltd. (ACGL - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

American Equity provides life insurance products and services in the United States. It came up with average trailing four-quarter positive surprise of 10.54%.

Reinsurance Group of America engages in reinsurance business. The company’s average four-quarter beat is delivered at 5.62%.

Arch Capital and units provide property, casualty and mortgage insurance and reinsurance products worldwide. It pulled off average four-quarter positive surprise of 14.83%.


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