Erik Aspelin, Manager, Financial Planning

and Portfolio Management

719-328-1944 ext. 5

​​Erik is responsible for financial planning, portfolio management, investment operations and compliance support for RWA.  Erik is a Certified Financial Planner® and Certified Professional Geologist.  Erik received his B.S. in Geology from Colorado State University in Ft. Collins, CO and his Executive Certificate in Financial Planning from the University of New Mexico in Albuquerque, NM.

Erik previously worked as a geologist in the environmental consulting industry and as a Financial Advisor with Wells Fargo Advisors in Albuquerque and Colorado Springs.  He is currently serving as a personal financial counselor assisting our active-duty military.

Erik enjoys hiking, soccer, traveling, and spending time with family.  Erik has been married to his wife Karen, who is a transportation engineer, for 20 years and they have two children, Klara (16) and Neil (13).


Code of Ethics

Form ADV

Lisa Cullity, Client Services

719-328-1944 ext. 3

Lisa graduated from The Ohio State University with a degree in Agriculture Economics.  Lisa is responsible for all of the firm’s client servicing, administration and operations. Lisa has as an extensive financial background with over 10 years of experience in bookkeeping and tax preparation for H&R Block. She also has an impressive resume of customer service and operations management including establishing and managing a turn-of-the-century New England style general store: The Olde Village General Store and Trading Company. 

Lisa has three children and is soon to be a grandmother to twin boys.  Her daughter Bethany is a senior in high school, son Ian, daughter Breanna and son-in-law Aaron live in Colorado Springs. 

Mindy Sutton, Chief Operating Officer 


719-328-1944 ext. 2

Mindy is responsible for operations, marketing, compliance and financial planning.  Mindy is a licensed Colorado attorney, admitted to the bar in 2004 after graduating from the University of Denver, College of Law. She received her MBA in 2007 from the University of Colorado, Colorado Springs, where she focused on Marketing and Management.  She received her Bachelor of Arts Degree and graduated with honors from Calvin College (GrandRapids, Mich.).  

Mindy previously served as the Manager, Marketing and Licensing for USA Hockey and the Executive Director, Expansion for Mountain Springs Church. She is currently a part-time Faculty for the University of Phoenix teaching classes in the areas of business, marketing and communications. ​Mindy also serves on the board of directors for the High Plains Helping Hands Food Pantry in Colorado Springs.

Mindy and her husband Rob have three children, Elana (11), Jaiden (6) and Liam (1).

Ellis "Bud" Rainsberger, President

719-328-1944 ext. 1

Bud is a graduate of Kansas State University where he received his bachelor’s degree in accounting. Bud played strong safety for the Wildcats. A frequent lecturer to civic and professional groups nationwide, he has appeared as a financial commentator on television news interviews for NBC and CBS affiliates and quoted for articles in USA Today, The Dow Jones Investment Advisor and The Wall Street Journal. Bud started his financial career for A.G. Becker, the predecessor to SEI in 1980, and opened RWA in 1990. Bud also is the Managing Partner of Pinnacle Mountain Builders Inc., a real estate development company in Colorado Springs and sits on the board of directors for fuseSport Inc.

​Bud has been married to his wife Lisa for 20 years.  He has four children; Katie a high school senior, Ian who is in 7th grade, Chris who lives in Minnesota and Meghan who lives in Denver with her husband and Bud’s first granddaughter Tenely Jo.

Here at Rainsberger Wealth Advisors, we are dedicated to you and all your different wealth management needs.

We have over 40 years of experience and we've won several awards for the best wealth management firm. But, our most important win is making you a happy, life-long customer which is why our average customer partners with us for over 14 years.