NEXT FINANCIAL GROUP, INC. of HOUSTON, TX is an SEC-registered investment adviser (CRD 46214). Regulatory assets under management: $3.8B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Hourly, Fixed, Other.
Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Charities.
Showing 25 of 47 people.
| Name | Role | Location |
|---|---|---|
| Laura Nicole White | ADVISORY CHIEF COMPLIANCE OFFICER | — |
| Amanda Candelmo Hawley | CORPORATE SECRETARY | — |
| Trisha Lynn Tymkiw | PRINCIPAL FINANCIAL OFFICER | — |
| Alexis V Schumann | CHIEF COMPLIANCE OFFICER | — |
| Barry Glenn Knight | PRESIDENT/DIRECTOR | — |
| Christian Gabriel Taylor | CHIEF COMPLIANCE OFFICER | — |
| Eugene Henri Elias Jr | DIRECTOR | — |
| Douglas John Ketterer | DIRECTOR | — |
| JALLANS LESLIE BERNARD | CCO | — |
| MCGIVNEY JOHN MICHAEL | VICE PRESIDENT/CHIEF COMPLIANCE OFFICER | — |
| MUELLER CHRISTOPHER BRIAN | SVP CHIEF OPERATIONS OFFICER; SVP OF OPERATIONS | — |
| DEFLOREO RITA CAROL | INTERIM CCO | — |
| BROOKS MARK STANLEY | CFO/FINOP; VP/CFO/FINOP; VP FINOP | — |
| HOLTZ DAVID LEE | DIRECTOR | — |
| GRANT NORMAN CARL JR | DIRECTOR | — |
| DANGELO GORDON RALPH | CHAIRMAN OF THE BOARD; CHAIRMAN OF THE BOARD/ IRA; PRESIDENT/CEO/CHAIRMAN OF THE BOARD/ IRA | — |
| EYSTER KAREN RUTH | DIRECTOR OF STRATEGIC DEVELOPMENT; EXECUTIVE VICE PRESIDENT/CHIEF OPERATING OFFICER; EXECUTIVE VICE PRESIDENT/CHIEF OPERATIONS OFFICER (+2 more) | — |
| DEMARINO DEBORAH KAY | VP | — |
| DEVES JOHN PAUL | DIRECTOR | — |
| KNIGHT BARRY G | INTERIM CCO; PRESIDENT; PRESIDENT/CEO (+1 more) | — |
| AULD JEFFREY MICHAEL | PRESIDENT/CEO | — |
| LORENCE JAMES PHILLIP | DIRECTOR; SHAREHOLDER | — |
| SMITH LEE FRANCIS | CFO/FINOP | — |
| FARR ARTHUR DANIEL | DIRECTOR | — |
| SVENTKO MICHAEL STEPHEN | RIA COMPLIANCE OFFICER/CROP | — |
Showing 10 of 16 distinct disclosure events.
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2021-07-13 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH, MAINTAIN, AND ENFORCE A SUPERVISORY SYSTEM, INCLUDING WRITTEN SUPERVISORY PROCEDURES (WSPS), REASONABLY DESIGNED TO DETECT AND PREVENT UNSUITABLE SHORT-TERM TRADIN… | Final | $750K |
| 2020-12-21 | regulatory | FAILURE TO TIMELY REPORT TO THE DEPARTMENT A FINRA AWC IN JANUARY 2018 AND A SEC ORDER IN APRIL 2019 | Final | $8K |
| 2020-08-13 | regulatory | BETWEEN 2014 AND 2020 THE FIRM FAILED TO REASONABLY SUPERVISE AN INVESTMENT ADVISOR REPRESENTATIVE'S USE OF CONSULTING SERVICES AGREEMENTS WITH ADVISORY CLIENTS IN VIOLATION OF NEW HAMPSHIRE RSA 421-B:4-412(D)(9). | Final | $1.1M |
| 2020-05-01 | regulatory | THE FIRM VIOLATED 21VAC-5-20-260 BY OFFERING AND SELLING AN ALTERNATIVE INVESTMENT TO A CLIENT IN FEBRUARY 2010 WHO DID NOT MEET THE AGE AND CONCENTRATION GUIDELINES OF ITS WRITTEN SUPERVISORY PROCEDURES AND 21VAC5-20-280A3 FOR RECOMMENDING AN UNSUITABLE PRODUCT. | Final | $5K |
| 2020-02-13 | regulatory | FIRM'S SUPERVISION OF A REGISTERED REPRESENTATIVES AND THE REPRESENTATIVE'S TRADING IN CUSTOMERS' ACCOUNTS DID NOT INCLUDE ADEQUATE FOLLOW-UP TO INVESTIGATE OR PREVENT THE REPRESENTATIVE'S SHORT-TERM TRADING OF CLASS A MUTUAL FUND SHARES IN CUSTOMERS' ACCOUNTS AS REQUIRED BY FIRM'S WRITTEN SUPERVISO… | Final | $100K |
| 2019-12-20 | regulatory | BETWEEN JANUARY 2007 AND DECEMBER 2017 THE FIRM APPROVED THE SALE OF NON-TRADED REITS BY A REGISTERED REPRESENTATIVE THAT EXCEEDED THE FIRM'S AGGREGATE OR PRODUCT SPECIFIC LIQUID NET WORTH CONCENTRATION GUIDELINES FOR NON-TRADED REITS. | Final | $150K |
| 2019-03-11 | regulatory | THE SEC ORDER ALLEGES THAT (A) BETWEEN JANUARY 1, 2014 AND DECEMBER 31, 2016, NEXT PURCHASED, RECOMMENDED, OR HELD FOR ADVISORY CLIENTS MUTUAL FUND SHARE CLASSES THAT CHARGED 12B-1 FEES INSTEAD OF LOWER-COST SHARE CLASSES OF THE SAME FUNDS FOR WHICH CLIENTS WERE ELIGIBLE, (B) NEXT RECEIVED 12B-1 FEE… | Final | — |
| 2017-12-06 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE ENTRY OF FINDINGS THAT FROM AUGUST 2012 THROUGH SEPTEMBER 2015, IT FAILED TO HAVE ADEQUATE EXCEPTION REPORTS TO DETECT EXCESSIVE TRADING, FAILED TO PERFORM A REVIEW OF THOSE REPORTS FOR AN EXTENDED PERIOD, AND ALLOWED EXCESSIVE TRA… | Final | $750K |
| 2017-11-01 | regulatory | BETWEEN 2009 AND 2016 THE FIRM APPROVED RECOMMENDATIONS OF THE SALE OF NON-TRADED REITS TO A NUMBER OF NEW HAMPSHIRE INVESTORS THAT (A) EXCEEDED THE FIRM'S AGGREGATE OR PRODUCT SPECIFIC PORTFOLIO CONCENTRATION GUIDELINES FOR NON-TRADED REITS, (B) FAILED TO COMPLY WITH INVESTOR-INCOME THRESHOLDS FOR… | Final | $235K |
| 2017-10-06 | regulatory | FAILURE TO REQUIRE THAT DISCLOSURES REGARDING THE APPROPRIATE RISKS RELATED TO NON-TRADITIONAL ETFS BE GIVEN TO CLIENTS; FAILURE TO ESTABLISH AND MAINTAIN SUPERVISORY PROCEDURES DESIGNED TO DETECT AND PREVENT VIOLATIONS OF THE KANSAS UNIFORM SECURITIES ACT; AND FAILURE TO SUPERVISE THEIR REPRESENTAT… | Final | $75K |
Showing 15 of 26 offices.
| City | State | Employees | Phone |
|---|---|---|---|
| ROSEVILLE | CA | 18 | 916-891-2557 |
| ALTOONA | PA | 13 | 814-940-8800 |
| WILLIAMSVILLE | NY | 6 | 716-568-8790 |
| NOVI | MI | 6 | 248-348-0100 |
| HARLEYSVILLE | PA | 5 | 267-932-8071 |
| SAN ANTONIO | TX | 5 | 830-632-2288 |
| CHERRY HILL | NJ | 5 | 856-795-8000 |
| EDEN PRAIRIE | MN | 5 | 952-540-0153 |
| SCOTTSDALE | AZ | 4 | 480-776-5897 |
| NEWPORT BEACH | CA | 4 | 949-429-0100 |
| FORT WAYNE | IN | 4 | 260-478-0680 |
| EDEN PRAIRIE | MN | 4 | 953-934-3456 |
| SAN MATEO | CA | 3 | 650-378-8588 |
| AUSTIN | TX | 3 | 512-338-0177 |
| ROSEVILLE | CA | 3 | 916-245-0574 |