AIG Advisor Group and Woodbury Upbeat on Retention, Sales After Deal
The AIG group, led by Larry Roth, plans further acquisitions in the independent space; the recently announced deal could add 1,400 reps to the 4,400-advisor firm.
AIG Advisor Group Buys Woodbury Financial
The wait is over. AIG and The Hartford announced Tuesday evening that the insurance giants had signed a definitive agreement to make Woodbury Financial Services part of AIG’s Advisor Group
Woodbury CEO: ‘Business as Usual’ as Hartford Prepares to Sell BD
CEO Patrick McEvoy suggests the increase in average production will make Woodbury a more attractive buy.
The Hartford Breakup: What It Means for Woodbury Reps
“It’s part of a trend of large insurance companies parting ways with their broker-dealers,” a research director with FA Insight said.
On 9/11 Anniversary, 2011 Broker-Dealer of the Year Honorees Reflect
The four men who won Investment Advisor's Broker-Dealer of the Year honors were asked to reflect on this solemn 10th anniversary of the Sept. 11, 2001, attacks.
Broker/Dealer of the Year, Division IV
Woodbury Financial Services Chairman and CEO Brian Murphy Candid quote from a Woodbury rep: This is my fourth B/D, and the first I've been with that had all...
Does Your Broker/Dealer Stand Behind You?
It's all too easy to partner with a broker/dealer in an up-market. Clients are happy, returns are generated and everyone's making money. But what happens...
Coming Out Party
Only fours years after its inception, the Financial Services Institute has achieved a high level of success as the primary advocacy group for independent broker/dealers....
B/D News & Products
On January 8, James Cayne of Bear Stearns announced his plan to step down as CEO, effective immediately, though he will stay on as chairman...
FSI's Murphy Upbeat About '08
New Financial Services Institute (FSI) Chairman Brian Murphy is upbeat about the organization's agenda for 2008. Murphy is looking to "carry on" the work of his predecessors at FSI, which has been an effective advocate for the independent broker/dealer community, especially with lawmakers and regulators.