NEXT Financial Group Breaks Own Record; Wins Broker/Dealer of the Year Award An Unprecedented 6 Years in a Row.HOUSTON -- NEXT Financial Group Inc. has received the prestigious and much coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. Broker/Dealer of the Year Award for the 6th consecutive year, breaking their own record of five in-a-row set last year. Historically, no other broker/dealer has won this award more than four times consecutively. Every year, registered representatives participate in an anonymous voting process, judging their own broker/dealers in 15 key areas ranging from the quality of customer service at the home office level to available technology support. Participating broker/dealers that gained the highest composite scores were awarded honors in four separate divisions based on the number of producing registered representatives. 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 & 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 states, "We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. that our registered reps voted to give us this top honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. for the sixth year. It validates our efforts in exceeding the expectations of NEXT financial professionals in the areas that allows them to successfully develop and run their businesses." 2006 has been a year of firsts for NEXT Financial. Earlier in the summer, NEXT moved to the top spot in the Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against Magazine survey as the number one fastest growing independent broker/dealer, based on the largest percentage of growth in revenue in 2005. NEXT also joined the magazine's top 50 largest broker/dealers in America for the first time. The magazine reported that NEXT Financial Group's steep jump in revenue of 46.1% for 2005 was the key in placing the company in the FP50. This success was on the heels of a second survey in which 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 announced that NEXT placed first of any broker/dealer in percentage of growth of fee-based advisors added over the past five years. Founded in 1999, NEXT Financial is owned and controlled by it's nearly 750 affiliated registered representatives, located nationwide. In 2005, NEXT had gross revenues in excess of $54 million, up from $38 million in 2004. |
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