Summit Brokerage Services, Inc.the Highest Rated Independent Broker-Dealer in the Country*, was recognized today in Financial Planning Magazine as an Elite Independent Broker-Dealer.
In the article, 4 Elite IBDs You May Not Know, Andrew Pavia discusses how Financial Planning tracks several performance statistics of Broker-Dealers and how outperformance in this category makes these broker-dealers worth watching. Specifically, Pavia mentions the number of high-end reps which is considered production of above $150,000. Pavia says, “Summit has the most advisors with production above $150,000 — a whopping 93%.”
Summit’s president, Marshall Leeds is quoted in the article, “If we wanted to be in the top 50 we could be there anytime we want.” Pavia goes on to explain, “The Firm, which is home to 345 advisors, turns down roughly 80% of those who attempt to join the firm, claims Leeds, who explains that the exclusivity is what makes this firm different.”
Pavia goes on to mention, “Meanwhile, Summit’s performance has not gone unnoticed: RCS Capital snapped up the IBD in a deal that closed this June.”
The article can be viewed at http://www.financial-planning.com/news
For more information on Summit Brokerage Services, visit www.joinsummit.com or contact us at (800) 354-5528.
About Summit Brokerage Services, Inc. Summit Brokerage Services, Inc. is a Florida-based financial services company that provides a broad range of securities brokerage and investment services to primarily individual investors. Summit Brokerage also sells insurance products, predominantly fixed and variable annuities and life insurance through its subsidiary, SBS Insurance Agency of Florida. Summit Brokerage also provides asset management services through its investment advisor, Summit Financial Group, Inc.
Mindy Clapp – Marketing
595 S. Federal Highway, #500
Boca Raton, FL 33432
*Rated by REP magazine’s Independent Broker-Dealer Report Card.