Woodbury Financial Becomes Affiliation Partner for Questar Advisors

October 15, 2018

On October 11, 2018, Woodbury Financial Services, Inc. announced that the Questar Advisors firms had selected it as their preferred affiliation partner.


Questar Capital Corporation and Questar Asset Management, Inc. (collectively, the “Questar Advisors”) selected Woodbury Financial Services, Inc. (“Woodbury”) as their affiliation partner and will have access to their platforms, wealth management solutions, and dedicated field support. In the coming months, Woodbury and Questar will be working together to conduct a seamless transition. Further terms of the deal were not disclosed.

Woodbury is an Oakdale, Minnesota based independent wealth management firm, supported by Advisor Group.

Sandler O’Neill + Partners, L.P. served as financial advisor to Allianz Life Insurance Company of North America in connection with this transaction, which is the parent for the Questar Advisors.

To read the press release: please click here


Categories

Investment Manager Strategic Investments, Transactions