Lincoln National Corp. 's LNC retail wealth management affiliate, Lincoln Financial Network (LFN), recently announced its agreement with BizEquity, the leading online provider of estimated business valuation big data across the globe. With this deal, Lincoln National and its independent advisors will be able to use BizEquity's database of businesses and valuation information.
Lincoln National's expanding Strategic Alliances program is likely to benefit from this collaboration in a huge way. This apart, the deal intends to identify opportunities, which would help boosting services that advisors can provide to small business owners. This would further ensure the company's sufficient insurance coverage and financial planning design support to stay ahead of its peers in this highly competitive market.
Advsiors related to Strategic Alliances for Lincoln Financial Network are always eyeing fresh, innovative ways to drive their business, especially in the small business market. Thus, BizEquity is just the right partner to guide Lincoln National with high-quality tools as well as solid resources for business development and growth. BizEquity, the largest and the only patented provider of estimated business valuations, distributes its cloud-based service through thousands of financial advisors to help small business houses with lending, insurance, wealth management requirements, etc.
Meanwhile, BizEquity would be able to consistently support small business owners and protect them as well across America with this deal.
The company also collaborated earlier to provide convenient and easier options to its advisors. For instance, in June, it entered into a partnership with Orion Advisor Services, LLC for providing data platform to advisors with access to the company's array of variable and fixed annuity solutions.
Shares of this Zacks Rank #3 (Hold) company have lost 2.4% in a year's time, narrower than its industry
's decline of 8%.
Stocks to Consider
Investors interested in the life insurance sector can look into some better-ranked stocks like Athene Holding Ltd. ATH , Primerica, Inc. PRI and American Equity Investment Life Holding Company AEL .
Athene Holding issues, reinsures and acquires retirement savings products in the United States, the District of Columbia and Germany. Sporting a Zacks Rank #1 (Strong Buy,) the company came up with an average four-quarter beat of 15.03%. You can see the complete list of today's Zacks #1 Rank stocks here .
Primerica distributes financial products among middle income households in the United States and Canada. Carrying a Zacks Rank of 1, the company pulled off an average earnings surprise of 5.9% over the last three of four quarters.
American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products and services in the United States. The company has a Zacks Rank #2 (Buy) and managed to deliver an average trailing four-quarter positive surprise of 22.24%.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Primerica, Inc. (PRI): Free Stock Analysis Report Athene Holding Ltd. (ATH): Free Stock Analysis Report American Equity Investment Life Holding Company (AEL): Free Stock Analysis Report Lincoln National Corporation (LNC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research