Broker Check
Big News in 2024

Big News in 2024

January 18, 2024

A happy and health-filled 2024 to you and yours.

As we enter the new year, we want to express how thankful we are for your business and our commitment to continue working with you on your financial planning. The new year always serves as a reminder to me of how grateful my team and I are for the trust and confidence you and your family place with us.

We want to share that our Waypoint Partners team is growing as both David Downing and Rick Painting are joining our team as financial planners. Dave has over 20 years and Rick has over 48 years’ experience with Lincoln Financial Advisors. Additionally, Tanya Plagens started in October to assist client services, including scheduling client reviews. Please see our attached contact sheet you can maintain for reference.

We would also like to share some significant information involving our broker-dealer, Lincoln Financial Advisors, that was announced on December 14th last year. Lincoln Financial Group has entered into an agreement with Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management solutions, to purchase and oversee Lincoln’s wealth management business, including LFA. As an independent financial professional, this means that when the deal closes, LFA will become part of the Osaic organization. This will not impact the services provided to you and LFA will continue to act as your broker-dealer and registered investment adviser firm. You will receive a notice of this in a few weeks.

With this change, we want to assure you that your relationship with us and the service you’ve come to expect will not be impacted. The Waypoint Partners name and brand will not change and our team here in the Cleveland office is excited about Osaic’s vast resources to help you continue your financial journey.

 

How you will benefit from this change:

  • First and foremost, the transition to Osaic is expected to be smooth and seamless with no added work or disruption to your investment accounts or interactions with us. Our team will continue to provide the same personalized advice and service you want and value.
  • As we work through this transition, we remain committed to keeping you informed and updated on current and future enhancements. Please call the office or schedule a meeting should you like to sit down and discuss.

 

The year 2024 is off to a great start and we look forward to continuing to deliver on ensuring your financial goals.  As always, if you have any questions, please reach out to us.

 

Best,

                                                                                    

James R. Schaffer, Jr, AIF®1, CRPC®                                                        Matthew P. Glovna III, CFP®
President and Financial Planner                                                                 Financial Planner
California License #0K35742

[Enclosure]

James R. Schaffer Jr. and P. Matthew Glovna are registered representatives of Lincoln Financial Advisors Corp.

Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member of SIPC) and registered investment advisor.  Insurance offered through Lincoln affiliates and other fine companies.  Waypoint Partners is the marketing name for registered representatives of Lincoln Financial Advisors Corp. CRN-6185771-122823

 

Waypoint Contact Sheet