SOURCE: NEXT Financial Group, Inc.

NEXT Financial Group, Inc.

April 12, 2016 10:00 ET

NEXT Recognized in Rep. Magazine's 2016 BD Report Card

HOUSTON, TX--(Marketwired - April 12, 2016) - NEXT Financial Group, Inc. (NEXT) was recently recognized in Rep. Magazine's 2016 Independent Broker Dealer (IBD) Report Card, ranking second among broker-dealers with less than 1,000 advisors with a score of 9.7 out of 10.

The factors included in the survey to over 1,500 respondents and 80 broker-dealers included topics like service, technology and practice management. Broker dealers were rated between 1 and 10, 1 representing unacceptable and 10 representing outstanding.

"We are honored that our advisors rated us so highly, though I am not surprised by the results," said Barry Knight, president of NEXT. "Our Home Office staff consists of highly-trained and specialized professionals who not only know this industry, but who also give our advisors an unmatched customer experience."

NEXT surpassed the advisor-rated industry averages in the 2016 IBD Report Card in areas such as compensation and benefits, compliance, management, operational support and service, practice support and professional development, product offerings and technology.

NEXT was also recognized by Rep. Magazine in October of 2015 in their first WealthManagement.com Industry Awards. The independent broker-dealer was tripled-nominated in the categories practice management, service and transition support.

*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."

The Wealth Management Industry Awards program recognizes outstanding achievements that support financial advisors' success. A panel of judges made up of top names in the industry along with a survey of financial advisors determine award winners.

NEXT Financial Group Inc. is a Division III broker-dealer servicing approximately 650 independent financial representatives throughout the country. The firm was voted Broker-Dealer of the Year* by its representatives an unprecedented eight times and continues building upon their unique culture to better serve the needs of independent financial professionals and their customers. Read more at www.nextfinancial.com.

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