Lincoln Financial Network (LFN), a retail sales and financial planning affiliate of Lincoln Financial Group, has opened Coastal Financial Partners Group, a new insurance and financial services agency based in Los Angeles.

Coastal Financial, led by Gary Schulte, is a general agency that was founded to provide support for experienced financial service professionals who seek marketing, client service support and access to wealth solutions such as Lincoln LifeComp for small business owners and high net worth clients.

The new firm, located in Century City, Los Angeles also has a presence in Northern California and the Great Lakes region.

Bill Seawell, senior vice president of distribution for Lincoln Financial, said: The experience of the Coastal Financial management team allows it to serve a well diversified and dynamic mix of producers – experienced life insurance professionals and securities brokers who want to expand their practice to include insurance.”

Lincoln Financial Network professionals offer financial planning and advisory services, retirement services, life products, annuities, investments, and trust services to affluent individuals, business owners, and families.