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Former AIG Adviser Managing $275 Million Assets Joins LPL Financial

Financial adviser David Hilbig, CFP, has joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. He reported serving approximately $275 million in advisory, brokerage, and retirement plan assets and joins LPL from Corebridge Financial – formerly Valic, a subsidiary of AIG.

Hilbig resides in The Woodlands, Texas, and maintains a registered office in Mundelein, Ill. He has more than 20 years of experience crafting personalized financial strategies tailored to each client’s unique needs and aspirations. He takes a holistic approach to financial planning, encompassing areas such as wealth management, retirement planning, investment advisory, and risk management.

With the move to LPL, he launches Lifetime Legacy Wealth Solutions. Hilbig said the new name reflects the type of work he does to help clients prepare their financial wellbeing for their full lives and future generations.

“Throughout my career, I’ve made it a priority to cultivate long-lasting relationships with clients built on trust, integrity and transparency,” he said. “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.”

According to Hilbig, his commitment to act as a fiduciary and put clients’ needs first led him to LPL.

“It was important for me to be with a firm that allows me to act an as independent adviser for my clients,” Hilbig said, “At LPL I can truly put my clients’ interests first because I have the ability to look for the best rates and products to fit their needs. LPL’s size and scale, combined with its sophisticated business resources and integrated technology, will enable me to provide my clients with an even higher level of service and support. I didn’t make this move for me. I did it because it was the right thing for my clients.”

“We welcome David to LPL and congratulate him on the launch of Lifetime Legacy Wealth Solutions,” said Scott Posner, LPL executive vice president of business development. We recognize what it takes to launch and operate a thriving business and are committed to investing in streamlined and integrated business solutions designed to help advisers spend more time with their clients and differentiate their practices.”

LPL Financial Holdings Inc. serves nearly 23,000 financial advisers, including advisers at approximately 1,100 enterprises and 570 registered investment adviser firms nationwide. Headquartered in San Diego, its total advisory and brokerage assets totaled more than $1.44 trillion as of March 31, 2024.

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