$200 million team from Valic signs on with LPL

$200 million team from Valic signs on with LPL
Rodney Van Buren and Whitney Colton have launched Van Buren Wealth Management in Melbourne, Florida.
JUN 12, 2023

Two advisors who managed $200 million in client assets at Valic Financial Advisors, a unit of AIG Retirement Services, have affiliated with LPL Financial, the firm announced Monday.

Rodney Van Buren and Whitney Colton have launched a practice, Van Buren Wealth Management, in Melbourne, Florida, along with two staff members, Karen Savage and Nicole Wilbert.

Van Buren had been affiliated with Valic since 2009, according to his BrokerCheck report, and Colton has been with Valic since 2015.

According to a statement, the team were drawn to LPL by the freedom the independent model would afford the firm, as well as LPL’s technology.

“With more tools and flexibility, LPL gives us access to an elevated trading platform, as well as some of the best financial planning software and investments options available,” Van Buren said in the statement.

Latest News

Wealth Enhancement deepens East Coast presence with Wealthshield deal
Wealth Enhancement deepens East Coast presence with Wealthshield deal

The Minneapolis-based RIA aggregator is adding two North Carolina practices managing nearly $1 billion, pushing its total client assets past $158.2 billion.

The real reason I expanded my RIA to Hong Kong (it wasn't for the AUM)
The real reason I expanded my RIA to Hong Kong (it wasn't for the AUM)

As markets disintegrate, the value of on-the-ground, first-hand research through "intimate knowledge acquisition" is skyrocketing.

Caprock expands Texas footprint with $4B Venturi acquisition
Caprock expands Texas footprint with $4B Venturi acquisition

Deal brings 10 advisors and deeper family office reach to Austin market.

Mariner aims to ‘break growth ceiling’ by deploying AI workforce of 700
Mariner aims to ‘break growth ceiling’ by deploying AI workforce of 700

Mega-RIA to adopt AI workforce at enterprise scale as firm rethinks growth without hiring.

LPL Financial adds $2.4 billion San Diego team as recruiting pace hits yearly high
LPL Financial adds $2.4 billion San Diego team as recruiting pace hits yearly high

The five-advisor group leaves U.S. Bank for LPL's platform, part of a record June that saw 204 advisors join the firm.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income