A former Wells Fargo advisor managing about $200 million in advisory and brokerage assets has aligned with Silverleaf Wealth Management to join LPL Financial’s broker-dealer, hybrid registered investment advisor and custodial platforms, according to an announcement today from LPL.
Tim Vanderloo, who has 21 years of financial service experience, built his Omaha, Neb.-based business over the years through networking and referrals, with a focus on financial planning for high-net-worth clients. He is joined by licensed assistant Susan King.
Vanderloo said he moved to independence so that he could build a practice that prioritizes the financial goals of his clients. “My belief is that financial planning is the pinnacle of knowing and understanding the needs of a client. The process allows me to discover what matters most to clients to be able to make knowledgeable recommendations for appropriate products and services,” he said in a statement.
He added that he was attracted to Silverleaf’s multifamily office and boutique approach, and he likes that Silverleaf has the backing of LPL, with its research, technology and planning tools. “I’m confident that I will have all the resources I’ll need to serve my clients, and that my voice will be heard when I reach out for additional support,” he said.
Justin Gibson, president of Silverleaf Wealth Management, said of Vanderloo’s firm, “Their commitment to offering personal service and trusted guidance aligns with our firm’s values and vision to put clients’ best interests first. Their extensive background in dealing with the unique challenges facing high-net-worth families will be an asset to the entire firm.”
The partnership is expected to bring Silverleaf’s total assets under management to nearly $1 billion, the release noted.