Summit Brokerage Services Welcomes New Advisors

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 20, 2010 -- Mike Woodward of Harrisonburg, Va has joined Summit Brokerage Services located in Boca Raton, Florida. He was previously affiliated with United Planners Financial Services where he managed over $11 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited Kevin O'Malley & Ronald Phillips of Kingsley, Pa. They were previously with Cadaret Grant and managed over $60 million in client assets.

Edward Barfield and Rebecca Brugnara of Chesterfield, MO has joined Summit Brokerage Services located in Boca Raton, Florida. They come from One America where they managed $13 million in client assets.

Glen Wright of Charlotte, NC has joined Summit Brokerage Services located in Boca Raton, Florida. He was previously affiliated with Equitas and managed $15 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited John Kuykendall of Lake City, FL. He was previously with Cambridge and managed over $44 million in client assets.

Todd Oplinger of Allentown, PA has joined Summit Brokerage Services located in Boca Raton, Florida. He was previously with First Midwest where he managed $31 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited Victor and Jonathan Rigoni of Lake Forest, IL. They were previously with Cambridge and managed $11 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited Frank Barrella of Jupiter, FL. He was previously with Securian Financial and managed over $13 million in client assets.

Omar Shalabi of Columbia, SC has joined Summit Brokerage Services located in Boca Raton, Florida. He was previously with ING where he managed $65 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited Christopher Bones of Eugene, Oregon. He was previously with Ameriprise and managed over $9 million in client assets.

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.

Summit Brokerage has been awarded the Broker-Dealer Excellence Award by Boomer Market Advisor for independent broker-dealers in the boutique category (firms with between 100 and 300 advisors). This is the second year in a row that Summit has received this prestigious award which is presented to the firm that receives the highest overall rankings in its category by its financial advisors.

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