Lincoln Financial Group announced it has added an Advisor Managed Accounts service, which gives a retirement plan’s registered investment advisor (RIA) the ability to create the underlying plan-specific investment portfolios and leverage the proprietary portfolio assignment process from Morningstar Investment Management LLC. These personalized investment programs, offered through the Lincoln Alliance® program, enable the RIA to use information about each plan participant – such as age and plan balance – to create the portfolios used by the program. To implement Advisor Managed Accounts, the RIA leverages their investment expertise to create plan-level portfolios, while Morningstar Investment Management provides the technology platform that then matches each participant with their unique asset allocation, and acts as fiduciary for the participant portfolio assignment process. Advisor Managed Accounts can be offered as the Qualified Default Investment Alternative (QDIA), with the plan sponsor designating it as the QDIA for all participants, or it can be offered as opt-in only, so each participant can actively choose the service.