Franklin Templeton Picks New Head of RIA Division

Franklin Templeton Investments said Thursday that it hired Lincoln Baca to lead its Registered Investment Advisor (RIA) division.

Formerly a national sales manager for Allianz Global Investors/Dresdner RCM, Baca will primarily be responsible for directing the expansion of the San Mateo, California-based company’s RIA division and services to the registered investment adviser market for all of Franklin Templeton’s products, according to a press release from the company.

Baca has worked in the financial services industry for more than two decades.