Business insurance broker rankings 2009

Investment Advisor Magazine Honors Woodbury Financial Services as 2009 Broker/Dealer of the Year

Investment Advisor Magazine Honors Woodbury Financial Services as 2009 Broker/Dealer of the Year

Investment Advisor Magazine Honors Woodbury Financial Services as 2009 Broker/Dealer of the Year

Firm takes top spot in the Division IV category for excellence in servicing its registered representatives

Woodbury, Minn. August 31, 2009 - Woodbury Financial Services, Inc. has been named Broker/Dealer of the Year by Investment Advisor magazine for the second time in four years. The company was named Broker/Dealer of the Year in Division IV, which is reserved for large firms with over 1,000 registered representatives (reps). The top honor reflects the high marks Woodbury reps gave the firm and its home office employees for management, product platform and support. Woodbury also took top honors in its category in 2006.

"I would like to thank all of our reps for their support and for giving the firm the highest rankings in our broker/dealer division, and I would like to thank our home office employees for their hard work and dedication," said Brian Murphy, chairman and CEO of Woodbury. "This honor reflects Woodbury's unique culture and the dedication to our reps. Woodbury is committed to delivering exceptional service to our reps, field managers and business partners, and this award is a great mark of distinction."

Woodbury was featured in a cover story in the September issue of Investment Advisor that included industry perspective and commentary from Murphy. In addition, Murphy will sit on Investment Advisor's Broker/Dealer Advisory Board for the next year, along with the leaders of the winners in Division I, II and III.

Investment Advisor Editorial Director Jamie Green noted "the competitive nature of the voting in this, the largest division, where several respected, multiple-time winners of the honor also compete." Moreover, said Green, "representatives of independent B/Ds like Woodbury are notoriously independent-minded, so garnering high marks from them at any time is an accomplishment in itself, but especially now when so many brokers are being wooed across the industry."

The winners of each category were chosen based on Investment Advisor's 19th annual readers' poll. The nearly 4,000 voters in this annual balloting confirmed their choices of affiliation by giving high ratings to their own independent broker/dealers. Voters were asked to rate their own broker/dealers in 15 categories; those B/Ds that receive the highest average rating from their reps are named Broker/Dealers of the Year in four divisions based on their number of producing reps.

Woodbury Financial Services, Inc. a subsidiary of The Hartford Financial Services Group, Inc. and winner of Investment Advisor magazine's Division IV Broker/Dealer of the Year award in 2009 and 2006, is a broker/dealer with more than 1,700 independent representatives nationwide and 200 home office employees.

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