Broker-dealer Data Center
NEXT Financial Group Inc.
A subsidiary of Next Financial Holdings Inc.
2500 Wilcrest Drive
Houston, TX 77042
Year founded: 1999
Year end: Dec. 31
No. of retail offices: 566
All 2014-2011 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
Recruitment & Staffing
|No. of reps||739||899||875|
|No. of producing reps||726||759||773|
|No. of reps producing $100K-$499K /year||320||321||300|
|Total revenues: Other||$5,616,622||$5,148,417||$3,914,043|
|Total account assets||$15,692,776,397||$15,331,197,361||$14,331,886,208|
|Total account assets: Other||$12,019,604,102||$10,156,362,781||$11,083,071,490|
|Average assets per rep||$21,235,151||$17,053,612||$16,379,299|
|Excess net capital||$2,409,225||$4,045,023||$3,340,025|
|Total operating expenses||$127,122,680||$123,977,931||$118,000,187|
|Number of active client accounts||—||—||—|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||—|
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
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