World Investment Advisors Appoints Former Lincoln Executive President

Core Insights - World Investment Advisors has appointed Edward Walters as president, replacing Troy Hammond, who will step down at the end of the year as part of a planned leadership transition [2][3] Company Overview - World Investment Advisors, a division of World Insurance Associates, manages approximately $56 billion in assets and provides wealth and 401(k) plan advice [1] - The firm underwent a rebranding last year from Pensionmark Financial Group, aligning its identity with its parent company, World Insurance Associates, which acquired it in 2022 [5] Leadership and Strategy - Edward Walters is recognized as a visionary leader with a successful track record in financial services, having previously led a $70 billion organization at Lincoln Financial Network, where he quintupled earnings [3][4] - Walters aims to build a platform for multigenerational investors, leveraging technology to enhance the advisor-client relationship [4] Recent Developments - In March, World Investment Advisors launched the World Managed Account Platform (WorldMAP), an open-architecture, multi-custodial investment platform for advisors, featuring in-house investment options and strategies [6] - The firm received significant investment commitments exceeding $1 billion from Goldman Sachs Asset Management and Charlesbank last year [7]