Firm Description
Since 1991, Lincoln Capital Corporation (Lincoln Capital or the Firm) has provided investment
advisory services to individuals, high net worth individuals, pension and profit-sharing plans,
trusts, estates and charitable organizations.
Lincoln Capital is strictly a fee-only investment management firm. The Firm does not sell
annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned
products. The Firm is not affiliated with entities that sell financial products or securities. No
commissions in any form are accepted. No finder’s fees are accepted.
Principal Owners
Lincoln Capital is principally owned by Ronald E. Albert, with minority interests held by
members of the Firm’s senior management.
Types of Advisory Services
Portfolio Management Services
Lincoln Capital offers discretionary portfolio management services for individuals, professionals
and small businesses. Through personal discussions in which goals and objectives based on a
client’s circumstances are established, Lincoln Capital develops a client’s personal investment
policy and creates and manages a portfolio based on that policy. Lincoln Capital manages
advisory accounts on a discretionary basis only. Account supervision is guided by the stated
objectives of the client (i.e., maximum capital appreciation, growth, income, growth and
income, etc.).
Client portfolios under Lincoln Capital management consist of one or all of the following:
individual equities, bonds, no-load or load-waived mutual funds, and ETFs (exchange traded
funds). Lincoln Capital will allocate the client’s assets among various investments taking into
consideration the overall management style selected by the client.
Mutual funds will be selected on the basis of any or all of the following criteria: the fund’s
performance history; the industry sector in which the fund invests; the track record of the
fund’s manager; the fund’s investment objectives; the fund’s management style and
philosophy; and the fund’s management fee structure and expenses.
Portfolio weighting between various fund types and market sectors is determined by each
client’s individual needs and circumstances, as well as other relevant criteria and
considerations.
Financial Planning Services
Financial planning services may be offered as a component of Lincoln Capital’s overall portfolio
management services, or on a standalone basis and will include a review a client’s current
financial situation. A review may include the following components (but not limited to): cash
management, risk management, insurance, education funding, goal setting, retirement
planning, estate and charitable giving planning, tax planning, and capital needs planning.
Tailored Relationships
Lincoln Capital tailors
investment advisory services to the individual needs of their clients.
Clients are allowed to impose restrictions on the investments in their account. All limitations
and restrictions placed on accounts must be presented to Lincoln Capital in writing. Clients will
retain individual ownership of all securities.
Fiduciary Statement
We are fiduciaries under the Investment Advisers Act of 1940 and when we provide investment
advice to you regarding your retirement plan account or individual retirement account, we are
also fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act,
(“ERISA”) and/or the Internal Revenue Code, (“IRC”), as applicable, which are laws governing
retirement accounts.
We have to act in your best interest and not put our interest ahead of yours. At the same time,
the way we make money creates some conflicts with your interests. We must take into
consideration each client’s objectives and act in the best interests of the client. We are
prohibited from engaging in any activity that is in conflict with the interests of the client. We
have the following responsibilities when working with a client:
• To render impartial advice;
• To make appropriate recommendations based on the client’s needs, financial
circumstances, and investment objectives;
• To exercise a high degree of care and diligence to ensure that information is presented
in an accurate manner and not in a way to mislead;
• To have a reasonable basis, information, and understanding of the facts in order to
provide appropriate recommendations and representations;
• Disclose any material conflict of interest in writing; and
• Treat clients fairly and equitably.
Regulations prohibit us from:
• Employing any device, scheme, or artifice to defraud a client;
• Making any untrue statement of a material fact to a client or omitting to state a material
fact when communicating with a client;
• Engaging in any act, practice, or course of business which operates or would operate as
fraud or deceit upon a client; or
• Engaging in any manipulative act or practice with a client.
We will act with competence, dignity, integrity, and in an ethical manner, when working with
clients. We will use reasonable care and exercise independent professional judgement when
conducting investment analysis, making investment recommendations, trading, promoting our
services, and engaging in other professional activities.
Wrap Fee Programs
Lincoln Capital does not participate in a Wrap Fee Program.
Assets Under Management
As of December 31, 2022, Lincoln Capital managed $303,373,998 in assets under management;
$301,352,719 is managed on a discretionary basis; $2,021,279 is managed on a non-
discretionary basis.