Summit Brokerage Services, Inc. Ranked Number One in InvestmentNews

Boca Raton, FL, May 28, 2011 --(PR.com)-- InvestmentNews magazine reported on the top 10 independent broker-dealer ranked by financial advisors producing $100,000 to $499,000 a year as a percentage of total financial advisors. Number one on the list was Summit Brokerage Services Inc., with almost 90% of its 320 financial advisors falling into that range.

Marshall Leeds, Chairman and CEO of Summit, commented that, “I am very pleased that the Firm was recognized by InvestmentNews for this outstanding achievement. Importantly, this recognition serves to further validate our belief that by providing great service to the industry’s finest advisors, impressive things happen. I would like to thank our financial advisors and associates for their support in allowing Summit to become one of the premier independent broker-dealers. Furthermore, I believe it is this operating philosophy that has allowed the Firm to be recognized, by another one of the industry’s leading publications as the number one independent boutique broker-dealer in the country, for two years in a row.”

About Summit Brokerage Services, Inc.
The Company is a Florida-based financial services holding company that provides, through its operating subsidiary, Summit Brokerage Services, Inc. (“Summit Brokerage”), 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.

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