← Tributary

NEXT FINANCIAL GROUP, INC.

HOUSTON, TX · CRD 46214 · IAPD ↗ · 877-876-6398

$3.77BRegulatory AUM
307Advisory reps
564Employees
4787Clients
251-500Planning clients
0Private funds
53States
25Disclosures
wealthSegment
ApprovedSEC status

Filing changes

65
January 2026 — NEXT FINANCIAL GROUP, INC. (HOUSTON, TX) left the SEC roster (was $3.77B RAUM, 307 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
55
April 2025 — NEXT FINANCIAL GROUP, INC. shrank from 358 to 307 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation
55
February 2025 — NEXT FINANCIAL GROUP, INC.'s Item 11 disclosure-reporting entries rose by 2 (33 -> 35).
Count of Item 11 disclosure-reporting entries increased (regulatory, civil, or criminal history of the firm or its affiliates/supervised persons).
ComplianceMarketing & brand
49
April 2024 — NEXT FINANCIAL GROUP, INC. notice-filed in PR, VI.
Notice-filed in new state(s): the firm is taking clients somewhere new.
ComplianceMarketing & brand
55
April 2024 — NEXT FINANCIAL GROUP, INC.'s Item 11 disclosure-reporting entries rose by 5 (29 -> 34).
Count of Item 11 disclosure-reporting entries increased (regulatory, civil, or criminal history of the firm or its affiliates/supervised persons).
ComplianceMarketing & brand
55
April 2024 — NEXT FINANCIAL GROUP, INC. shrank from 410 to 358 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.