Recruitment & Staffing
|No. of reps||1,936||1,739||1,220|
|No. of producing reps||1,104||1,024||1,075|
|No. of reps producing $100K-$499K /year||538||565||599|
|Total revenues: Other||$44,557,295||$25,333,000||$21,065,000|
|Total account assets||$38,561,709,597||$31,692,005,811||$29,636,300,000|
|Total account assets: Other||$29,896,190,659||$25,214,326,855||$24,567,234,276|
|Average assets per rep||$19,918,238||$18,224,270||$24,292,049|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||Client and contact management. Also have mobile solution for account opening and VA straight through processing.|
July 11, 2018 - One of the current leading sellers of illiquid, high-commission alternative investments through independent broker-dealers, GPB Capital Holdings, has yet to file financial statements with the Securities and Exchange Commission for two of its largest funds,...
June 26, 2018 - A Financial Industry Regulatory Authority Inc. arbitration panel has ruled that Woodbury Financial Services must pay $970,107.21 in compensatory damages and $121,468 in interest to two clients as a result of the firm's failure to supervise a former broker....
April 21, 2018 - Firm 2017 % revenue ($M) % change vs. 2016 2017 commission revenue ($M) % change vs. 2016 2017 fee revenue ($M) % change vs. 2016 2017 other revenue ($M) % change vs. 2016 1 LPL Financial $4,281.50 5.70% $1,670.80 -3.80% $1,409.20 9.30% $1,201.40 17.50%...
April 10, 2018 - Yet another broker-dealer is taking a stab at working with bank brokers, as Woodbury Financial Services on Tuesday said it had acquired $10 billion in brokerage and advisory assets from Capital One Financial Corp. The deal, terms of which were not disclosed,...
April 10, 2018 - Woodbury Financial Services, part of the Advisor Group, is buying Capital One Investing's $10 billion investment management and brokerage division. Capital One's advisers will join Woodbury's roster of affiliated independent advisers and get access to...
January 23, 2018 - The Advisor Group, the Phoenix, Ariz.-based parent of four independent broker-dealers, said that recruited a record 614 advisers last year. The firm, which consists of FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial and Woodbury...
November 17, 2017 - The Financial Industry Regulatory Authority Inc. has barred Robert H. Hoffmann, a former broker with Woodbury Financial Services, for failing to take part in an investigation looking into his trading recommendations. In October, Finra staff sent a request...
November 1, 2017 - Two firms affiliated with National Planning Holdings have changed their affiliation to Woodbury Financial Services, a unit of the Advisor Group. The Tenacity Advisory Group, a 52-adviser Super OSJ managing $2 billion in assets, has changed its affiliation...
October 17, 2017 - Another firm that had been affiliated with National Planning Corp. has decided not to sign on with LPL Financial, which bought NPC as part of its acquisition of the National Planning Holdings broker-dealer network. The Feucht Financial Group, which administers...
July 20, 2017 - Fifteen advisers and six companies have been named as finalists for this year's Invest in Others Awards. The awards, presented annually for the past 10 years by The Invest in Others Charitable Foundation to acknowledge outstanding volunteer work by financial...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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