SOURCE: NEXT Financial Group, Inc.

NEXT Financial Group, Inc.

December 12, 2016 14:30 ET

NEXT Launches Fee-Based Platform Powered by BNY Mellon's Pershing

HOUSTON, TX--(Marketwired - December 12, 2016) - Independent broker-dealer NEXT Financial Group, Inc. (NEXT), today launched their new, low-cost fee-based platform, NEXT Select, made available through Pershing's NetX360® technology for all NEXT Representatives.

NEXT Select was developed over the last year by key members of the broker-dealer's executive team in conjunction with BNY Mellon's Pershing. The multi-manager platform is designed to help advisors offer a wide range of flexible and competitive investment options for clients.

"The NEXT Select Platform is an incredible initiative. All of us at NEXT have put an enormous amount of time, energy and dedication into making it a one-of-a-kind experience for our Representatives that we believe will help them thrive amid these industry changes and well into the future," said Barry Knight, president of NEXT.

Designed to make portfolio allocation and client interaction seamless, this cooperative effort has resulted in an innovative platform that offers users a wide range of resources, including:

  • Sales Tools;
  • Investment Research;
  • Training and Education;
  • Advisor Model Management Tool;
  • Wealth Reporting Tools;
  • Portfolio Analytics Tools;
  • And more

"We are proud to collaborate with NEXT Financial on their new NEXT Select Platform to further help clients offer the diverse range of investment options being demanded by investors today," said John Brett, Managing Director at BNY Mellon's Pershing.

About BNY Mellon's Pershing

Pershing and its affiliates provide global financial business solutions to advisors, asset managers, broker-dealers, family offices, registered investment advisor firms and wealth managers. A financial services firm located in 23 offices worldwide, Pershing provides business-to-business solutions to clients representing 6 million active investor accounts on the U.S. platform. Pershing affiliates are members of every major U.S. securities exchange, and its international affiliates are members of the Deutsche Börse, Australian Stock Exchange, Irish Stock Exchange, London Stock Exchange and Toronto Stock Exchange. Pershing LLC (member FINRA/NYSE/SIPC) is a BNY Mellon company. Additional information is available on pershing.com, or follow us on Twitter @Pershing.

NEXT Financial Group Inc. is an independent broker-dealer servicing approximately 650 independent financial representatives throughout the country. NEXT is the recipient of WealthManagement.com's best-in-class Service award in the 2016 WealthManagement.com Industry Awards. The firm continues building upon its unique culture to better serve the needs of independent financial professionals and their customers. *WealthManagement.com Industry Awards recipients are determined by a panel of judges consisting of professionals from across the financial industry.

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