Mitchell
Scher

Lincoln Financial Advisors Corporation

CRD#833197
Investment Advisor
in New York, NY
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About this Advisor

Mitchell Scher is an advisor based in New York, New York. Currently an advisor at Lincoln Financial Advisors Corporation, Scher has 17 years of experience in the financial advisory industry. Scher holds a Series 63 license, qualifying the advisor as a securities broker. Scher can act as an advisor in New Jersey. Over the course of their career, Scher has held roles at Metropolitan Life Insurance, Metlife Securities and Lincoln Financial Advisors. Lincoln Financial Advisors Corporation is based out of New York, New York, and has 412 offices in the nation. As an advisor firm, Lincoln Financial Advisors Corporation oversees $20 billion in assets across 63,280 client accounts and retains more than 2,080 people. The level of assets currently under the firm's management places it among the biggest financial advisory firms in the country. The firm manages 9,855 accounts on a discretionary basis, meaning the advisor has the authority to make all investment decisions. Currently 9% of the advisor firm's investors are high-net-worth individuals, meaning they have more than $1 million in capital. Lincoln Financial Advisors Corporation can offer financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers, educational seminars and other services. The firm's fees may include asset-based, hourly, fixed and commission-based fees.

Certifications and Registrations

Series 63, Chartered Financial Consultant

Years of Experience

17 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Selection of other advisers, Educational seminars/workshops, Other

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees, Commissions

Disclosures

Yes

Office Location

7 Penn Plaza Suite 308
New York, NY 10001

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Lincoln Financial Advisors Corporation Brokerage Details

Total Assets Under Management

$20,366,072,529

NY Average: $1,347,246,178
Total Number of Employees

2,080

NY Average: 46
Total Number of Accounts

63,280

NY Average: 1,775
Average Account Size

$321,841

NY Average: $759,012

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Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Selection of other advisers
  • Educational seminars/workshops
  • Other

Mitchell Scher Work History

Mitchell has 17 years of experience.

2013 - Present (6 years)

Lincoln Financial Advisors

2001 - 2013 (12 years)

Metropolitan Life Insurance

2001 - 2013 (12 years)

Metlife Securities

Disclosures

Mitchell Scher has disclosures.

Please visit their SEC profile for more details.

This content was compiled from the SEC and FINRA.

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