SOURCE: NEXT Financial Group

NEXT Financial Group

September 21, 2010 06:00 ET

NEXT Financial Group Moves Up in Broker/Dealer Rankings

NEXT Financial Group Makes a Positive Return in Investment Advisor Magazine's 2010 Broker/Dealer of the Year Rankings; Earning a Third Place Finish in the Division IV Category

HOUSTON, TX--(Marketwire - September 21, 2010) - NEXT Financial Group, a historical 7-time Broker/Dealer of the Year* winner, was recognized for the 10th consecutive time by Investment Advisor magazine earning a favorable third-place finish in the largest and highly competitive Division IV bracket of Investment Advisor magazine's 2010 Broker/Dealer of the Year awards.

NEXT Financial has received recognition in all four division categories placing 1st 7 times, 2nd once and 3rd twice. "This most recent placement marks our firm's commitment to focus on providing the same service that made us outstanding in the first place. We want to build on those fundamentals and continually improve our client relations," said Brian Grise, Vice President of Business Development at NEXT Financial Group.

NEXT Financial's rapid ascent to success is partly attributed to its ability to adjust to the ever-changing regulatory and economic environment. "At times, we were faced with different challenges and each time we found solutions. We've made a commitment to excellence when serving our advisors to resolve even the smallest problems. That commitment maintains the integrity of our relationship as we put our clients, the advisors, first and foremost," added Barry Knight, President of NEXT Financial Group. "More importantly, at the end of the day, the recognition belongs to our advisors. Their extraordinary spirit and care towards their clients and each other are what makes this company great."

According to Investment Advisor magazine, only producing representatives of the broker/dealers that appeared in its June 2010 directory were eligible to vote in online balloting between June 1 and July 1, 2010. This year, there were a total of 4,343 valid votes from representatives of 44 different broker/dealers. Those B/Ds that received the highest votes from their own reps were deemed Broker/Dealers of the Year in four different divisions based on the number of reps, ensuring that the B/Ds in each division competed against similar-sized rivals.

NEXT Financial is a truly independent broker/dealer. They are a unique firm founded, owned, and managed by their representatives. It is designed to serve the best interests of their representatives; people who share a passion for investing and the desire to be an owner of a company they believe in. NEXT Financial does not offer any proprietary products nor are representatives required to sell any particular products enabling representatives to provide truly unbiased financial advice in the best interest of their clients.

For more information, contact Kim Kham, (877) 876-6398 ext. 2612, or email:

*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

  • Contact:
    Kim Kham
    NEXT Financial Group, Inc.
    2500 Wilcrest Drive, Suite 620
    Houston, TX 77042
    Tel: (877) 876-6398 ext. 2612