VALIC FINANCIAL ADVISORS, INC.
VALIC FINANCIAL ADVISORS, INC. is a leading financial advisory firm that has been serving clients for over 65 years. With a team of experienced and knowledgeable advisors, VALIC is dedicated to helping clients achieve their financial goals and secure their financial future.
How does the advisor help clients – Key Takeaways:
- VALIC offers personalized financial solutions tailored to each client’s unique needs and goals.
- The firm takes a holistic approach to financial planning, taking into account an individual’s current financial situation, long-term goals, and risk tolerance.
- VALIC advisors provide ongoing support and guidance to clients, helping them navigate the complexities of the financial world.
Facts and Insights:
VALIC FINANCIAL ADVISORS, INC. is a subsidiary of AIG and is registered with the Securities and Exchange Commission (SEC) as an Investment Advisor. As of 2021, the firm manages over $87 billion in assets for individual and institutional clients. It has a team of over 1,400 advisors located across the United States.
Assets Under Management, Number of Advisors and Time in Business:
| Year Founded | Assets Under Management | Number of Advisors |
|---|---|---|
| 1956 | $87 billion | Over 1,400 |
Financial Services Offered:
- Retirement planning
- Investment management
- Estate planning
- Tax planning
- Education planning
- Insurance products
Client Types:
VALIC FINANCIAL ADVISORS, INC. serves a diverse range of clients, including individuals, families, business owners, and institutions. The firm takes a personalized approach to financial planning, tailoring its services to meet the specific needs of each client.
Fees & Compensation:
VALIC advisors are compensated through a combination of fees and commissions. The firm’s fee schedule is based on a percentage of assets under management, which encourages advisors to grow their clients’ portfolios. For insurance products, advisors may receive commissions from the insurance companies. All fees and compensation are fully disclosed to clients upfront to ensure transparency.
Background:
VALIC FINANCIAL ADVISORS, INC. has a long-standing reputation for providing quality financial advice and services to its clients. The firm is committed to staying up-to-date on the latest industry trends and regulations, and its advisors undergo regular training and continuing education to ensure they are equipped to provide the best possible guidance to clients.
Financial Advisor Disclosures to Know:
- VALIC advisors are fiduciaries, meaning they are legally obligated to act in their clients’ best interests at all times.
- The firm’s advisors may earn commissions from insurance products, which could potentially create a conflict of interest. However, all fees and compensation are disclosed to clients upfront.
- VALIC may have relationships with certain investment products and services, but its advisors are committed to recommending the most suitable options for their clients’ needs.