Date: 05.08.18

Cetera Financial Group Congratulates Summit Brokerage Services on Top Rating by

Summit Brokerage Services is Overall Highest-Rated Independent Broker-Dealer in Publication’s 2018 IBD Report Card

Los Angeles, CA – Cetera Financial Group® (“Cetera”)*, a leading network of independent firms supporting the delivery of professional financial advice, today congratulated one of its member firms, Summit Brokerage Services (“Summit”), for receiving the highest scores across multiple categories in’s 2018 Independent Broker-Dealer Report Card.

The annual survey asks advisors from independent brokerages to rate their firms, using a scoring system for key service areas. Firms were rated on a scale of 1 (unacceptable) to 10 (outstanding). Summit received the top score across all broker-dealers in all four categories, including Compensation & Benefits, Compliance Support, Operational Support & Service, and Technology, garnering an overall advisor satisfaction score of 9.9 out of a possible 10 in these areas. This achievement marks the fourth consecutive time Summit has received a score at this level or higher.

Adam Antoniades, President of Cetera Financial Group, said, “We extend our sincerest congratulations to Summit for demonstrating continued commitment to excellence year after year. Summit along with our teams across the network work hard to deliver the Advice-Centric ExperienceTM, devised to make it easier to conduct business and provide our advisors with a distinct competitive advantage. Summit has an amazing story to tell, exemplifying entrepreneurial freedom combined with high-touch support and scale-driven benefits. We recognize the competitive climate in our profession and continue to be grateful for our advisors’ loyalty. This recognition tells us they recognize and understand our unique business proposition.”

Marshall Leeds, President and Chief Executive Officer of Summit Brokerage Services, said, "I am proud of everyone at Summit for setting and maintaining a standard of excellence when it comes to serving our financial advisors and their clients. Recognition is never the end goal – we are in this industry because there’s a sense of accomplishment in helping advisors guide individuals and families to achieve financial well-being at every stage of their lives. That said, I can say we have been able to do this with the support of many great people like the advisors we serve – they all share in this honor.”

“We are thankful to our advisors for allowing us to be of service to their business, as we continue to be an advocate and guide for them in 2018 and beyond,” concluded Leeds.

About Summit Brokerage Services, Inc.

Summit Brokerage Services, Inc. is part of Cetera Financial Group, a leading network of independent firms. Summit Brokerage 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.

About Cetera Financial Group®

Cetera Financial Group ("Cetera") is a leading network of independent firms empowering the delivery of professional financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera is the second-largest independent financial advisor network in the nation by number of advisors, as well as a leading service provider to the investment programs of banks and credit unions.

Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations. Advisor support resources offered through Cetera include award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support and innovative technology. For more information, visit

*"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors, Cetera Advisor Networks, Cetera Investment Services (marketed as Cetera Financial Institutions), Cetera Financial Specialists, First Allied Securities and Summit Brokerage Services. All firms are members FINRA / SIPC.

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