Market Overview

Woodbury Financial Adds Two Colorado Advisory Firms with Combined AUA of $378M


Woodbury Financial Adds Two Colorado Advisory Firms with Combined AUA of $378M

PR Newswire

OAKDALE, Minn., Aug. 8, 2018 /PRNewswire/ -- Woodbury Financial Services, a financial services firm with more than 1,200 advisors across the country, today announced that Life Wealth Principles and National Financial Advisors and have chosen to join its rapidly growing network of financial advisors. These latest additions follow Woodbury's recent acquisition of Capital One Investing's in-branch, full-service investment management and brokerage division, continuing a growth momentum that has propelled the firm to a total of $39 billion in assets under advisement (AUA).

(PRNewsfoto/Advisor Group)

Currently servicing over $312 million in AUA, Life Wealth Principles provides its clients with investment management services, with an emphasis on tax planning, retirement income planning, and family wealth planning. The firm, based in Golden, Colorado, sees this partnership with Woodbury as a way to improve its advisory services through expanded platform capabilities, technology, and industry knowledge. A driving factor in Life Wealth Principles' decision to partner with Woodbury was the local presence of Nathan Anderson, regional vice president at Woodbury, who can provide their firm with individualized service and support.

Headquartered in Denver, Colorado, National Financial Advisors specializes in executive benefits planning, income distribution planning, portfolio management, and business succession planning. With approximately $66 million in AUA, the firm is dedicated to helping its clients achieve their most important financial objectives. National Financial Advisors, similar to Life Wealth Principles, saw the value of a regional and highly accessible support network, including substantial succession planning acumen and resources.

"Advisors are choosing Woodbury because we have the size and scale to thrive in the fiduciary era but, more importantly, because we haven't lost sight of what this business is all about: relationships," said Mr. Anderson. "I look forward to working with National Financial Advisors and Life Wealth Principles closely in the years to come to ensure they are primed for success.  This, in turn, will enable them to focus on building - and maintaining – meaningful relationships with their clients."

Mitch Moore, president of Life Wealth Principles, remarked: "As we identified potential partners, it became evident that Woodbury positions advisors like us to prioritize clients' best interests. It was also refreshing to see their keen desire to work for us – not the other way around."

"Woodbury's recruiting efforts are underpinned by a core belief that advisors perform vital work, and deserve custom, specialized services that meet their specific needs," added Rick Fergesen, president and CEO of Woodbury Financial Services. "We are equally driven by our strong values, and are subsequently delighted to welcome these two firms to the Woodbury family. Their commitment to exemplary service is evident, and we look forward to offering their advisors the resources they need to continue improving the lives and financial wellbeing of their clients."

Supported by Advisor Group, one of the nation's largest networks of advisory firms, Woodbury Financial Services provides independent advisors a flexible, open-architecture system that offers them full access to state-of-the-art technology, marketing and management systems –  which can be fully adopted or integrated into an advisor's existing platform for an easy transition. Through Woodbury, advisors also have access to dedicated field support and extensive investment solutions.

About Woodbury Financial Services, Inc.
Woodbury Financial Services, Inc. is part of one of the nation's largest networks of independent financial advisors and a Registered Investment Advisor, member FINRA and SIPC. Woodbury Financial is supported by Advisor Group, one of the largest truly independent broker-dealer networks in the industry. The firm has more than 1,200 affiliated independent financial advisors and is headquartered in Oakdale, MN.  Woodbury employs a client-driven approach focused on meeting the unique demands of businesses and individuals. For more information visit

About Advisor Group
Advisor Group, Inc. is one of the nation's largest networks of independent financial advisors serving over 5,000 advisors and overseeing approximately $190 billion in client assets. Headquartered in Phoenix, AZ, the firm is mission-driven to support the heroic role that advisors can play in the lives of their clients, offering securities and investment advisory services through its subsidiaries FSC Securities Corp., Royal Alliance Associates Inc., SagePoint Financial Inc. and Woodbury Financial Services Inc., as broker/dealers, registered investment advisors and members of FINRA and SIPC. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial advisors and is committed to being in their corner every step of the way.

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SOURCE Woodbury Financial Services

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