Lincoln Financial Distributors (LFD), the wholesale distribution subsidiary of Lincoln Financial Group (NYSE:LNC), today announced that Chris Somers has joined the company as a Regional Sales Director for its Institutional Retirement Solutions Distribution (IRSD) team. IRSD focuses on selling Lincoln’s full service retirement plan services offerings for corporate and nonprofit/tax exempt plan sponsors.
In this capacity, reporting to Michael Hall, National Sales Director of Lincoln’s IRSD team, Somers will be responsible for selling Lincoln’s Retirement Plan Services’ open-architecture solution through financial representatives throughout the Northern California Pacific Northwest regions.
Somers has more than two decades of sales experience in the financial services industry. Prior to joining LFD, he was a Vice President, External Advisor Consultant and Retirement Specialist with PIMCO Investments. Throughout his career, he has served in other retirement sales capacities with Bank of America Merrill Lynch and Fidelity Investments, Retirement Services Company. Earlier in his career, he served in many sales leadership roles with Ernst & Young LLP.
He graduated Cum Laude from St. Mary’s College of California, Moraga, CA, with a master of business administration degree in international business. He also graduated Cum Laude from Marist College, Poughkeepsie, NY, where he received a bachelor of arts degree in communications and Russian. He holds FINRA Series 7, 24, 26, 63 and 66.
Somers will be based in San Francisco.
Lincoln has been a leading provider of retirement solutions for more than 50 years and has managed retirement plans for employers of various sizes across industry sectors. Lincoln’s Retirement Plan Services business is committed to maintaining long-term relationships with consultants and advisors who value Lincoln’s high touch, client-centric approach.
About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $170 billion as of March 31, 2012. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.
