U.S. Wealth Management opts to outsource operations to focus on service. Braintree, Mass.-based U.S. Wealth Management has become a branch of Lincoln Financial Securities , an affiliate of Lincoln Financial Group and part of Lincoln Financial Network (LFN).

"U.S. Wealth Management has consistently assisted advisors in defining their life and business goals" by means of its practice development, practice management and coaching programs," says LFN's president and CEO Robert Dineen. "It is exactly the type of firm we look to affiliate with."

Philosophical alignment

Previously a standalone broker-dealer, U.S. Wealth Management opted to outsource many of its purely operational functions to Lincoln in order to focus on client service.

The tie-in with Lincoln lets U.S. Wealth Management do that while retaining its branding and taking advantage of "greater economies of scale for branch development and recruiting support and access to the latest technologies," says the firm's president and CEO John Napolitano. "More important, we share a philosophical alignment for best-in-class practice management and advisor education."

Philadelphia-based Lincoln Financial Group had assets under management of $181 billion at the end of June 2009. -FWR

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