Frequently Asked Questions
What is your relationship with my representative(s)?
NEXT Financial Group, Inc. is an independent broker-dealer, a supervisory firm responsible for monitoring the activities of our investment professionals, like your representative(s), by ensuring suitable transactions and up-to-date certifications. We help NEXT’s representative(s) remain compliant with federal and state regulations, thereby protecting you and your assets.
How many NEXT representative(s) are there?
There are more than 500 financial Representatives that are associated with NEXT Financial Group, Inc.
Where are you located?
Our Home Office is located in Houston, Texas, and we employ more than 100 professionals who help bring exceptional service to you and your financial representative(s).
Are you a SIPC Member?
NEXT Financial Group, Inc. and its clearing firm, Pershing LLC, are members of the Securities Investor Protection Corporation (SIPC).
Securities Investor Protection Corporation (“SIPC”) protects customers of brokerage firms that are closed due to bankruptcy or other financial difficulty. Each customer may be protected up to $500,000, including up to $250,000 in cash held in the account. SIPC does not protect against ordinary market loss. Not every investment is protected by SIPC and some customers may be ineligible to have their claims satisfied with SIPC funds. Furthermore, accounts that are carried by Pershing LLC (“Pershing”), member of NYSE/FINRA/SIPC, may also receive excess protection on terms similar to SIPC. Explanatory brochure available upon request or at sipc.org.
