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.
New Allspring research finds 401(k) participants want guidance on income and rollovers, not just portfolio automation.
Aging homeowners hold record housing wealth - but most advisors still aren't bringing it into retirement plans
$1.7M invested from an inheritance. Then the phone went dead.
The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.
A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor