In addition, since both firms clear through Pershing, Questar advisors will not need to repaper most of their clients’ accounts when transitioning to Woodbury, the release said.
“We are honored that Allianz Life and Questar have selected Woodbury as their preferred affiliation partner for Questar’s advisors,” said Rick Fergesen, president and CEO of Woodbury. “Our firms’ cultures are closely aligned and we share a similar regional field support system. Questar advisors will feel at home at Woodbury, and will benefit from our business-friendly technology and product platforms. We couldn’t be more pleased to welcome them to our family.”