Lincoln National Corporation (Lincoln Financial Group)

Lincoln National Corporation, operating under the marketing name Lincoln Financial Group, is a Fortune 200 American holding company that manages multiple insurance and investment businesses through its subsidiary companies. Founded in 1905, its overarching mission is to provide financial protection and security to its customers and their families, helping them plan, protect, and retire with confidence. The company maintains its principal executive offices in Radnor, Pennsylvania, U.S.

The company's core operations are structured around four key segments: annuities, life insurance, group protection, and retirement plan services. Lincoln Financial Group offers a comprehensive suite of products, including variable universal life policies, fixed indexed annuities, Registered Index-Linked Annuities (RILAs), and hybrid long-term care solutions. It serves a diverse customer base, including mass-affluent households, pre-retirees, retirees, prime-age income earners, and employers seeking talent-retention benefits.

Under the leadership of President and CEO Ellen Cooper, Lincoln Financial Group has undertaken a strategic pivot to focus on its core insurance and retirement businesses. Recent notable actions include the sale of its wealth management business for approximately $700 million and the transfer of $28 billion of legacy insurance risk. In 2025, the company established a 10-year strategic partnership with Bain Capital, which included Bain Capital acquiring a 9.9% equity stake for $825 million. As of December 31, 2025, Lincoln Financial Group served approximately 17 million customers and managed $349 billion in end-of-period account balances. The company was also recognized as one of the World's Most Ethical Companies for the fifth consecutive year in March 2026.