LPL has broadened its advisory footprint in Texas as an advisor from Corebridge leaps to independence with its platform.
On Monday, LPL Financial announced that advisor David Hilbig has joined its broker-dealer, RIA, and custodial platforms. Hilbig, who managed approximately $275 million in advisory, brokerage, and retirement plan assets, moves to LPL from Corebridge Financial, the AIG subsidiary which was formerly known as Valic.
Based in The Woodlands, Texas, with a registered office in Mundelein, Illinois, Hilbig has over 20 years of experience in financial planning. He offers services in wealth management, retirement planning, investment advisory, and risk management.
At LPL, he has launched Lifetime Legacy Wealth Solutions to continue his work in comprehensive financial planning.
In a statement, Hilbig said he’d built his career on prioritizing “long-lasting relationships with clients built on trust, integrity and transparency.”
“I focus on ongoing financial education and open communication to help clients feel empowered and informed along each step of their financial journey, whether that’s navigating major life transitions, growing their wealth or planning for retirement,” he said.
Emphasizing the importance of being with a firm that allows him to act as an independent advisor for his clients, Hilbig highlighted how LPL lets him select the best rates and products for clients’ needs.
He also highlighted LPL scale, along with the support it provides advisors through “sophisticated business resources and integrated technology.”
“I didn’t make this move for me. I did it because it was the right thing for my clients,” Hilbig said.
His leap to independence using LPL’s platform builds on the broker-dealer’s recruitment streak so far in June, which began with one advisor in New Mexico defecting from Edward Jones to launch his own independent practice.
Last Wednesday, LPL also welcomed an advisor trio in Michigan from Ameriprise, who joined its employee advisor channel by affiliating with LPL’s Linsco model.
Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.
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