SOURCE: NEXT Financial Group

NEXT Financial Group

February 27, 2009 09:07 ET

NEXT Financial Group, Inc., Seven-Time Broker Dealer of the Year Honoree, Enjoys New, Expanded Facility

HOUSTON, TX--(Marketwire - February 27, 2009) - Despite the blow of Hurricane Ike and the existing economic turmoil, independent broker dealer NEXT Financial Group, Inc. is expanding. What started out as a simple need resulted in NEXT Financial more than doubling their home office to 33,000 square feet.

Understanding that maintaining close relationships, and providing quality support is pivotal, they have a direct relationship between their number of reps and employees; NEXT Financial boasts an 8:1 rep-employee ratio.

NEXT Financial Holdings, Inc. offers unparalleled service because they have the manpower to do so. Take for example 4WARD Financial Marketing Inc., a subsidiary of the Holdings company. In addition to creating personalized collateral materials, they provide full-service coaching and mentoring programs customized to the individual. In 2008, reps saw an increase of 45% in production year-over-year. NEXT Financial also accommodates their reps by offering them in-house money management solutions and insurance services through their highly successful subsidiary companies: WE2 Advisory Services, Inc., and NFISCO: NEXT Financial Insurance Services Company.

As NEXT Financial continues to grow, a new, non-profit arm is planned to open by 2010.

"We needed more space to accommodate our rapid growth," said Barry Knight, president of NEXT Financial Group, Inc. "We initially planned to expand 10,000 feet, but when the entire 5th floor became an option, we took the opportunity to not only accommodate our immediate needs, but prepare for 2010 and beyond. We decided to build our home office to match the vision of the company. The experience was fun and quite overwhelming at times, but the end result is a beautiful and spacious workplace."

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."

Contact Information