Award-Winning NEXT Financial Group Ranks First Place in Investment Advisor's Top 25 Fee Partners by Growth.HOUSTON -- NEXT Financial Group, Inc. of Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , takes the number one spot of fastest-growing fee partners(1). According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Investment Advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and Magazine, May 2006 issue, "Another way to rank the importance of fee-based services to a firm is to consider the growth in the number of fee-based advisors that have partnered with a firm over time ... The last five years were a trying time for all advisors and their fee-based partners ..." Yet NEXT has prospered in spite of this trend. NEXT again is proving to be an impressive force in the financial industry. Jeff Auld auld adj. Scots Old. Adj. 1. auld - a Scottish word; "auld lang syne" old - of long duration; not new; "old tradition"; "old house"; "old wine"; "old country"; "old friendships"; "old money" , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of NEXT Financial Group, Inc., remarks, "We are extremely pleased with the percentage of growth over the last five years; a 475% increase is quite an accomplishment. NEXT has created a synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. that is attracting the best investment professionals across the country." This important ranking follows on the heels of the unveiling of the NEXT Global Management Account, a fee-based unified management account program designed exclusively for NEXT investment advisors. Over a year ago, The NEXT Marketing department asked NEXT representatives what they would like to see in a fee-based program. The results of the survey bore a partnership between NEXT and Envestnet Asset Management. The new GMA GMA glycol methacrylate. program represents the latest evolution of fee-based managed money platforms by bringing together firms that are normally considered to be competitors onto one platform. Innovations such as the Global Management Account have helped NEXT to the top spot in the Investment Advisor's fee-based partner survey. In 2005, NEXT Financial Group, Inc. reported gross revenues in excess of $55 million, a figure that has doubled every other year since inception. Currently, NEXT has a registered representative count of over 700 nationwide. NEXT is owned and controlled by its representatives. NEXT has no corporate parent and offers no proprietary products. Accordingly, NEXT representatives are able to offer the products and services that are the best fit for their clients. NEXT has won the prestigious Broker/Dealer of the Year Award an unprecedented 5 years in a row. Securities offered through NEXT Financial Group, Inc., member NASD/SPIC. (1) Investment Advisor Magazine, May 2006 |
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