Regarding Manwë and Varda, I don't think that we should assume that, whether in council or otherwise, they acted as "one" Vala, save in purpose. Does Eru Ilúvatar speak to Varda's thoughts as he speaks to Manwë's? (If I may use a mundane metaphor, wife and husband are certainly in some sense one, and in Christian scripture and liturgy we go so far as to refer to them as "one flesh", but husband and wife are not thereby understood to be a single entity.)
Nor should we regard the Maia of one Vala as being simultaneously in the service of that Vala's spouse. The unlikelihood of this has been suggested by a post above, noting that Sauron would hardly have been a fit servant for Yavanna.
It seems to me that we should not read too much into Olórin's being associated with both Manwë and Varda for several reasons. First, as pointed out above, the story of the council by which the Valar sent the Istari into Middle Earth is not "canonical". Who knows what form, if indeed any, this tale would have taken had Tolkien prepared it for publication? As Christopher Tolkien points out in Unfinished Tales, the association of Olórin with Manwë and Varda is found in "some rough tables", and not even within the text of the council-story. Second, if we examine the text of the council-story, it is clear that Manwë chooses Olórin, apparently because he is "a lover of the Eldar that remained." Varda's voice is heard only after Manwë's choice (after an illegible bit of text in which the word "third" appears), as she objects (?): "Not as the third", by which I believe she means to suggest (in her foreknowledge?) that Olórin was to be primus inter pares, the first among these equal Istari, rather than Curumo/Curunír (who is noted to remember Varda's words - is this the origin of Saruman's jealousy of and resentment toward Gandalf?).
Why should Varda make this objection (or observation or prophecy)? For the reason given for Manwë's choice : because Olórin loved the Eldar who remained in Middle Earth, and the Eldar were foremost in Varda's love (and she in theirs). Perhaps Varda's opinion of Olórin was also informed by his learning "pity and patience" in the house of Nienna (Valaquenta, "Of the Maiar"). Those qualities, and his recognition of his own weakness and fear in facing the Enemy (indeed, the Istari were meant to come to Middle Earth "in shapes weak and humble"), no doubt made him dear to Varda, such that she in essence seconded Manwë's choice.
I believe that we should read no more into Olórin's association with Manwë and Varda together, or his being chosen by them both, than that he was the one among the Istari who would remain faithful to his task in Middle Earth.
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'They say,' answered Andreth: 'they say that the One will himself enter into Arda, and heal Men and all the Marring from the beginning to the end.'
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