DALLAS, Texas, Aug. 27, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Prospera Financial Services, Inc. (Prospera) was named last week as Investment Advisor Magazine's 2014 Broker-Dealer of the Year in Division I, representing firms with up to 199 producing advisors. The magazine conducts an annual poll asking its financial advisor readers to anonymously rank their firms on criteria like service, payout and technology. This is the fourth time in six years that Prospera has attained the prestigious industry honor, and was previously honored in 2009, 2010, and 2012.
David Stringer, President of Prospera, states "This award is especially meaningful to me and the entire Prospera team because it really came from our reps through their nominations. We firmly believe we work for them; we are financial professionals serving financial professionals. Our entire support team is keenly focused on delivering industry-leading service and support to our financial professionals so our win is particularly gratifying as recognition of that hard work."
The annual Broker-Dealer of the Year award is based on voting in 15 different categories, including an overall rating that counts for 30% of the total score. The broker-dealer receiving the highest average rating from its voting representatives wins Broker-Dealer of the Year in its division.
"We aspire to be the gold standard for boutique independent firms", Stringer adds. "This certainly feels good and reinforces that we are on the right track as we continually raise our industry-leading standards for service at an independent broker-dealer."
About Prospera Financial Services
Founded in 1982, Prospera Financial Services, member FINRA/SIPC and a registered investment advisory, offers the flexibility and resources only found at some of the nation's largest broker dealers. Headquartered in Dallas, TX, Prospera was named Broker Dealer of the Year by Investment Advisor Magazine in 2009, 2010, 2012 and 2014. The firm supports Independent Financial Advisors nationwide. For more information about Prospera visit http://www.joinprospera.com/
About Investment Advisor Magazine
Investment Advisor, a publication of Summit Business Media, offers information and analysis on wealth management, retirement planning, investment strategies, practice management, compliance and regulatory issues, and insurance and tax planning, all designed to help registered investment advisors and independent Broker-Dealer representatives become more successful.
http://www.investmentadvisor.com
About Investment Advisor magazine's 'Broker-Dealer of the Year' Competition
Since 1991, the editors of Investment Advisor have invited their readers, who are producing, independent contractor representatives of Broker/Dealers to rate their own Broker/Dealers in a number of categories, and provide an overall rating.
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