Christopher Flint has stepped down from his role as president of Lincoln Financial’s independent broker/dealer arm to serve as ProEquities’ new president and CEO. ProEquities, an independent b/d in Birmingham, Ala., has about 1,000 advisors and is owned by Protective Life Corporation.
Flint has been with Lincoln for the last nine years, most recently as head of Lincoln Financial Securities and head of Lincoln Financial Network’s advisor recruitment and acquisition strategies. Prior to that, he served as senior vice president of branch office development at Securities America.
Earlier this year, Protective Life was acquired by The Dai-ichi Life Insurance Company, a Japan-based private sector life insurer.
“This insurer’s going to invest a lot of money into the broker/dealer, and they want to see growth,” said Jonathan Henschen, president of the recruiting firm Henschen & Associates in Marine on St. Croix, Minn.