SOURCE: NEXT Financial Group

NEXT Financial Group

August 25, 2009 09:09 ET

Independent Broker Dealer NEXT Financial Group, Inc., Welcomes Expanding Representative Base

HOUSTON, TX--(Marketwire - August 25, 2009) - The recent recruiting of registered representatives has proven favorable for NEXT Financial Group, Inc., The seven time broker dealer of the year recipient has recruited more than twice the amount of larger producing registered representatives and OSJ Managers since June 2009, than it did in all of 2008. Their year-over-year average production has also increased by 11%.

The shifting financial landscape, resulting in part from conglomerate buyouts, has resulted in an increasing appeal of independent broker dealers. Sr. Vice President of Business Development, Jay Vinson, attributes NEXT Financial's steady growth to their unique ownership model: they are founded, owned and managed by their advisors. "Ultimately, we afford reps greater control of their career destiny," said Vinson.

"We wanted to be part of a firm where we are able to form ongoing relationships, and we found that personal environment here," said NEXT Financial OSJ, Mike Zimmer, who recently joined along with his brothers John and Tom. Within three weeks, the Zimmer brothers had seamlessly transitioned without missing a beat. "The systems they have in place are the best we've seen. The ease of processing business at NEXT will allow us to run more efficiently internally," said John Zimmer.

"NEXT appeals to the entrepreneurial business builder who is looking to maximize the equity in their individual practice, and carve out their own identity amongst other financial planners," said Vinson. 4WARD Financial Marketing, the full-service marketing company of NEXT Financial Holdings, exists solely to help NEXT Financial Group's registered representatives establish and develop themselves through customized branding, personalized coaching programs, and turn-key seminar marketing processes.

For additional information on NEXT Financial Group, Inc., Member FINRA/SIPC, please contact Jay Vinson at 713-375-2610, or visit www.nextfinancial.com. For more information on 4WARD Financial Marketing, Inc., please contact President Kimberly A. Branch, CFP®, CLTC at 713-333-4899 or visit 4WARD's website at www.4wardfinancialmarketing.com.

Based on a poll of registered representatives conducted by Investment Advisor magazine. Broker/Dealers rated highest by their representatives are awarded "Broker/Dealer (B/D) of the Year."

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