Wisconsin advisory firm leaves broker-dealer NPC for Woodbury Financial Services

Another firm that had been affiliated with National Planning Corp. has decided not to sign on with LPL Financial, which bought NPC as part of its acquisition of the National Planning Holdings broker-dealer network. The Feucht Financial Group, which administers more than $430 million in assets, has affiliated with Woodbury Financial Services, a broker-dealer representing over 1,200 advisers. Based in Fond du Lac, Wisc., the Feucht Financial Group has seven advisers and 21 employees serving 3,000 clients. It was started as a tax preparation service and had been affiliated with National Planning Corp since 2000. Woodbury, based in Oakdale, Minn., is a unit of the Advisor Group, which is based in Phoenix, Ariz., and serves more than 5,000 independent advisers. On Monday, InvestmentNews reported that Paris International, a $1.3 billion financial advisory firm based in Great Neck, N.Y., which also had been affiliated with NPC, had moved to Commonwealth Financial Network. (More: $1.3 billion advisory firm leaves NPC for Commonwealth.) Stuart Paris, CEO and founder of Paris International, said the move from NPC started Aug. 15, when he learned the company was being sold.