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As a Registered Investment Advisor (RIA), Lincoln Capital Corporation has a strict legal fiduciary duty to act in the best interest of our clients and disclose all conflicts of interest. RIA firms are registered with the Securities and Exchange Commission or state securities regulators, and are subject to the Investment Advisers Act of 1940.
Unlike a typical brokerage firm, Lincoln Capital is strictly a fee-only investment management firm. The firm does not sell annuities, insurance, limited partnerships or other commissioned products. The firm is not affiliated with entities that sell financial products or securities. No commissions or finder’s fees of any form are accepted.
With the continued improvements in technology and communications, we work with clients from all over the country and there is no restriction on where our clients live in the United States. We make our best effort to schedule personal meetings on a regular basis, as well as at client request.
We keep all client information strictly confidential and have a written privacy statement outlining our commitment to confidentiality that is distributed to our clients.
Yes, references are available upon request.
Lincoln Capital requires a minimum account of $250,000 for Investment Management clients, although this may be negotiable under certain circumstances. This may include assets in multiple accounts and/or assets of multiple family members.
In our advisory role, we never take custody of client assets. We utilize Schwab Institutional, a division of Charles Schwab & Co., Inc., as the custodian of client accounts and as our primary broker. Our relationship with Schwab is an arm’s length transaction with no exchange of funds between Schwab and Lincoln Capital. When your account is established with Schwab, you provide Lincoln Capital with limited trading authorization on your account. This authority allows us to process trades directly in client accounts.
Client assets are held by Schwab in separate accounts registered in each client’s own name. There is no co-mingling of assets.
We meet with our clients regularly to review their portfolio. In between meetings, clients have:
- 24/7 online account access through http://www.schwaballiance.com/
- Monthly brokerage statements from Schwab Institutional
- Quarterly Portfolio Reports from Lincoln Capital Corporation
- Emails and newsletters with economic commentary and Lincoln Capital’s investment outlook
- Meetings, emails, and calls at your request
Lincoln Capital’s sole source of income is investment management fees based on the value of client accounts (no commissions). The fee is an annual percentage of assets and is billed quarterly based on the balance of the account at the start of each quarter. This compensation structure virtually eliminates conflicts of interest as our income is directly related to account values and performance. As client assets appreciate or depreciate, our fee increases or decreases proportionally.