Woodbury Financial is committed to fully supporting our advisors as they meet the financial and investment needs of their clients. To that end we offer clearing arrangements through Pershing. Our goal is to make any transition as seamless as possible to both our advisors and the clients they serve through one of the most powerful firms in the industry.
Pershing has been a leading global provider of financial business solutions for 75 years, and serves many of the world’s most respected financial organizations. In addition to SIPC protection, accounts held at Pershing have coverage in excess of SIPC limits through Lloyd’s of London. Pershing’s parent company, the Bank of New York Mellon, has $27.6 trillion in assets under custody or administration and $1.6 trillion under management.*
As the industry’s largest provider of global clearing and settlement solutions, Pershing can help you power your business by driving growth, creating scale and managing costs, as well as helping you stay ahead of new regulations. And the depth of our client base allows us to facilitate dialogue and bring the best solutions to all of our clients.
Our relationship with Pershing offers you access to NetX360, Pershing’s revolutionary technology platform providing the tools needed to manage clients’ accounts, deliver first-rate service, and develop new sales and revenue opportunities. NetX360 offers one complete solution to efficiently manage your entire business, whether commission or fee-based.
Pershing’s award-winning technology provides you multi-channel connectivity that seamlessly links your business, your clients and the market. Designed for efficiency and ease of use, the digital experience features a configurable intuitive interface; seamless integration with leading third-party tools and information; and anytime, anywhere access from your mobile device of choice.
Pershing and its affiliates are not affiliated with Woodbury Financial or Advisor Group.
* Dates as of (12-31-14)
Woodbury Financial advisors have the flexibility to access financial products from hundreds of companies. This level of independence enables you to provide truly sound advice to your clients with the confidence that you’re presenting among the best available solutions for their needs.
It is also important to state that Woodbury Financial respects your status as an independent financial advisor and will never exert any pressure to sell proprietary products. You are encouraged always to determine the best solutions for and with your clients to meet their specific financial needs.
Our Internal Sales Team will also consult with you one-on-one to offer recommendations and support, while providing strategic insight, positioning and comparisons among the extensive range of products we enable you to offer.
Mutual funds are often the financial cornerstone for a vast number of Americans who have worked hard throughout their lives and want access to investments designed to meet their evolving needs throughout their lifetimes. For this reason, Woodbury Financial offers a substantial list of funds designed for every need.
For the right client in the appropriate stage of life, variable annuities can be an attractive option. Through Woodbury Financial, you have access to a wide range of variable annuities that are designed to provide solutions for lifetime income. We also provide an Annuity Intelligence tool that can help you compare and contrast the best annuities in the market
Alternative Investments have grown during recent years as changes in the economy have required more specialized solutions. Our list of approved companies and products allows you to present clients with the alternative investments that may play an important role in a diversified portfolio.
The Insurance Services department functions as the insurance product marketing support department for Woodbury Financial. Their job is to work with you to help you make the best decisions regarding insurance products and insurance based solutions. We start by understanding what role insurance plays in your practice, and what type of service you need to grow that segment of your practice, and then deliver that support per your needs.
We have designated several insurance companies as Focus Life carriers and certain Brokerage General Agencies (BGAs) as preferred distributors. Doing business with these organizations gives you a wide range of options while allowing you to place your business through Woodbury Financial. Of course, open architecture model also allows you a variety of ways to place your insurance business.
The Focus Life carriers are specially selected insurance carriers who share our vision of maintaining a pro-active, aggressive internal insurance department and have demonstrated their willingness and ability to not only assist us in delivering value to you but to also facilitate the access and distribution of competitive, quality products and services. Each Focus Life Carrier has agreed to provide underwriting, advanced planning, and operations support. Many will also provide you with point-of-sale support on more challenging cases. Click link below to access a complete list of Focus Life and BGA carriers.
Advisor Insurance Solutions Center (AISC)
Our internal BGS provides multi-carrier opportunities and singular support for our advisors. The services include:
- Priority Processing of New Business
- Objective, Dedicated Service From Quote to Policy Execution
- Comprehensive Case Management
- External Sales Support
And, AISC’s Electronic Multi-Carrier Submissions system lets you place term business directly through Advisor Portal!
Point of Sale Support
Woodbury Financial leverages a team of experienced Regional Life Specialists, who are ready to assist advisors in evaluating their clients’ life insurance needs. These specialists help identify clients with life insurance needs, explain strategies, and help grow an advisor’s life insurance business. As a value-added resource, specialists will be involved as much or as little as you deem appropriate.
Our top insurance advisors are included in our VIP Program as either Premier or Select members. Benefits of membership include exclusive access to advanced insurance education and training.
Vive On-Line Term Insurance
Vive (formerly, tioTERM) provides instant, reliable, term quotes based on a few simple health questions that every client can answer. Not just an order submission process or a quote engine, Vive is everything you need to quote, compare, select, and order a term life policy, all on-line in an intuitive, easy-to-use, website. Competing products are quoted side-by-side for easy comparison, and product details are available online at the touch of a button. Orders are submitted through a simplified online form so users never contend with burdensome applications or amendments or waste valuable time scheduling exams or ordering medical records. Click link below to access a list of Vive carriers.
Access our Electronic Multi-Carrier Submissions system directly through the Advisor Portal to manage term life business efficiently.
Women FORWARD is Advisor Group’s women’s initiative to foster an environment of success for female advisors and to provide a wide-range of guidance to all advisors looking to enhance their relationships with female clients.
Areas of Focus
Growth: Through our mentorship program and academic curriculum, we will support our female advisors in managing and developing their businesses.
Recruiting: In addition to recruiting existing female advisors, we will support women who choose to be financial advisors as a first or second career, and administrative associates who are on a path to becoming advisors.
Female Clients: In recognition of this growing investor segment, we are dedicated to providing all advisors with the tools and resources to actively—and successfully—engage female clients.
Giving Back: Advisor Group is keenly focused on promoting financial literacy. One way we do this is by working with Junior Achievement USA to provide young people with an opportunity to explore, first-hand, the work of financial advisors. We have also established the Advisor Group Women’s Community Leadership Award, through which we are able to honor a female advisor who has demonstrated outstanding commitment to helping women grow personally, professionally, or financially.
This annual conference offers education and networking opportunities for all women affiliated within our broker-dealer network. W Forum features intriguing keynote speakers, advisor-led workshops and an extensive partner exhibit for interacting with industry professionals.
The Women FORWARD Mentorship Program is designed to bring together our network’s top-producing male and female advisors looking to provide real world guidance and share their expertise with female advisors. Central to this flagship program’s success is its focus on collaboration, education, and networking.
We’ve compiled a library of pre-approved Client Engagement Materials for advisors to take advantage of, as they work with women investors. In addition, we’ve assembled informative resources within our Advisor Materials library that delve into the “what, how and why” of successfully working with women investors. These materials can enhance advisors’ interactions with women investors and help them grow their practices.
For more information about the Women FORWARD initiative, please contact Erica Hinton at WomenForward@advisorgroup.com.