FAQs | Woodbury Financial Services, Inc.

How many representatives do you have, and how many home office employees do you have to support them?

As of December 2009, Woodbury Financial had just over 1,500 active producing representatives and a home office staff of just over 200.
Where are you located?

Woodbury Financial Services, Inc. is located in Oakdale, Minnesota, which is in close proximity to both St. Paul and Minneapolis, Minnesota.

Express Mail Delivery:
Woodbury Financial Services, Inc.
500 Bielenberg Drive
Woodbury, MN 55125

Standard Mail Address:
Woodbury Financial Services, Inc.
P.O. Box 64387
St. Paul, MN 55164-0284

Business operations are located offsite within The Oaks Business Park at 7755 Third Street North, Oakdale, MN, 55128. Map/Directions (PDF 47 KB, 1 p)
How is Woodbury positioned within The Hartford?

Woodbury Financial is an independent broker/dealer owned by The Hartford. Woodbury, formerly Fortis Investors, was acquired by The Hartford in April 2001.
Who is Woodbury's clearing firm?

Woodbury Financial has been working with Pershing, LLC since 1994. Woodbury Financial offers full-service brokerage accounts on both a commission-based and fee-based platform. Services are provided through our clearing relationship with Pershing and all transactions, service and problem resolution is handled within the Brokerage Operations department.
Do you offer transition support?

The Woodbury Financial Fast Start Team's mission is to provide comprehensive, rapid and effective transition assistance before, during and after the move. While a transition to a new broker/dealer is often a complex process, the Fast Start Team specializes in simplifying that transition and taking on much of the administrative burden so you can focus on servicing your clients and growing your business. Visit our Transition section for more information.
What is your philosophy on compliance?

Our Compliance department specialists are our representative's colleagues, not adversaries. Their focus is on getting business done, while minimizing risk to representatives and Woodbury Financial. Visit our Compliance section for more information.
Do you have any quotas?

Producing registered representatives are required to produce a minimum of $50,000 GDC within a 12 month period. Please contact the Adviser Selection Team at (800) 800-2638, ext. 21988 for details.
What is your Errors & Omissions (E&O) policy?

We require E&O through Driver Alliant. Premiums range between $857 and $1442 annually depending on coverage amounts and deductibles. Contact the Adviser Selection Team at (800) 800-2638, ext. 21988 for more information.