Woodbury Financial Services News

American International Group Inc. has acquired broker-dealer Woodbury Financial Services Inc. from The Hartford. The companies signed an agreement for the acquisition on July 31, 2012. Woodbury Financial Services is now part of AIG Life and Retirement’s Advisor Group, a …

Hartford Financial Services Group’s independent brokerage unit Woodbury Financial Services hasn’t posted a profit for at least five years, but some investment bankers say that won’t deter a small circle of expansion-minded rivals from bidding on the business. Last week …