(Source: Business Wire)
Woodbury Financial Services has named Patrick McEvoy as its new
president and chief executive officer, effective September 30, 2009. In
this role, McEvoy will be responsible for providing strategic direction
and leadership of the broker-dealer, which has over 1,700 registered
representatives (reps) and 200 home office employees.
McEvoy will report to Brian Murphy, Woodbury's current chairman and
chief executive officer, who also serves as executive vice president of
The Hartford's Individual Life Division. Murphy will remain Woodbury's
chairman of the board.
"We are thrilled that Pat has chosen Woodbury," said Murphy. "His past
experience as a registered rep makes him uniquely suited to this role.
His vast knowledge of the financial services industry and understanding
of the independent rep business make him an invaluable resource and his
leadership will help ensure Woodbury's continued success as a leading
broker-dealer."
"I am delighted to join Woodbury, a firm that is so committed to helping
its reps build successful businesses," said McEvoy. "This is an exciting
time in our industry. The importance of independent, objective financial
advice continues to grow and I look forward to leading this organization
through all the opportunities that lie ahead."
McEvoy has more than 19 years of experience in leadership; recruiting
and business development; growth and retention of reps; compliance and
regulatory matters; and investment and product marketing in the
broker-dealer industry. Most recently, he was president and chief
executive officer of Multi-Financial Securities Corp., a broker-dealer
in the ING Advisor Network. Prior to that, he served as Chief Marketing
Officer for Vestax Securities Corp., which was acquired by ING in 1996.
He was also a director of business development at SunAmerica Securities.
He has also been a wholesaler at PLM Securities and Brauvin Securities,
and a registered representative at Thompson McKinnon/Merrill Lynch.
He holds Series 7, 24 and 63 licenses and is a licensed Insurance
Producer for variable products, accident, health and life. From 1982 to
1985, McEvoy was a member of the military police with the U.S. Army,
from which he received an honorable discharge.
About Woodbury Financial
Woodbury Financial Services, Inc., 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. Woodbury is a subsidiary of
The Hartford Financial Services Group, Inc. Its Internet address is www.woodburyfinancial.com.
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