BOCA RATON, Fla., May 16 /PRNewswire-FirstCall/ -- Summit Financial
Services Group, Inc. (OTC Bulletin Board: SFNS) announced today that its
wholly owned subsidiary Summit Brokerage Services, Inc., has named Michael
Costantini to lead the Firm's recruiting effort.
Marshall Leeds, the Company's Chairman, Chief Executive Officer and
President, stated: "Given the Firm's strategic goal of growing through the
recruitment of financial advisors, we are pleased to be able to utilize Mike's
extensive industry experience. Furthermore, we believe the current market
presents ideal recruiting opportunities since advisors want to join those
firms that can best help them grow their practices and maximize the value of
their efforts. Summit's commitment to servicing its advisors, including by
providing a full suite of practice development tools, should well position the
Company to take advantage of this opportunity."
Mr. Costantini joins Summit from Dreyfus Investments, where he most
recently served as Regional Vice President wholesaling various Dreyfus and
Bank of New York Mellon products to Florida based advisors. Prior to joining
Dreyfus, Mike was Regional Vice President of Sentinel Financial Services where
he spent 14 years of his career.
About Summit
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 registered
investment advisor, Summit Financial Group, Inc.
Summit Brokerage is registered with the Securities and Exchange Commission
(SEC), and is a member of FINRA (f/k/a NASD), the Municipal Securities Rule
Making Board, and the National Futures Association. The Company currently
offers its services through a network of approximately 215 registered
representatives, and its business plan is focused primarily on increasing its
network of affiliated registered representatives through recruitment as well
as by acquisitions.
SOURCE Summit Financial Services Group, Inc.