AIG closes on its purchase of Hartford Financial's (HIG) brokerage unit - Woodbury Financial...

|By:, SA News Editor
AIG closes on its purchase of Hartford Financial's (HIG) brokerage unit - Woodbury Financial Services. For Hartford, it's another step towards refocusing on its core business. For AIG, the company ups its financial advisers and AUM by about 25% each, to 6K and $125B, respectively. (PR)