Summit Brokerage Services Welcomes New Advisors

USA (SANEPR.com) May 12, 2009 -- Russ Jones and his network of 23 advisors has joined Summit Brokerage Services located in Boca Raton. This Troy, Michigan based group comes from Mutual Service Corporation and oversaw $110 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited Mary Disher, Doug Young, Jayne Young, and Stephen Wierhake of Port Charlotte, Florida. The group was previously with Merrill Lynch and oversaw $92 million in client assets.

E. Martin von Kanel and his network of 7 advisors has joined Summit Brokerage Services located in Boca Raton, Florida. This Torrance, California based group comes from LPL Financial and oversaw $56 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited John Shutowick and Scott Fitzsimmons of Davie, Florida and Michael Shutowick of Coral Springs, Florida. The group was previously with LPL Financial and oversaw $50 million in client assets.

William Metzinger of Wyomissing, Pennsylvania has joined Summit Brokerage Services located in Boca Raton, Florida. He comes from Oppenheimer where he oversaw $50 million in client assets.

H. David Criswell of West Chester, Ohio has left Raymond James and joined Summit Brokerage Services located in Boca Raton, Florida. He oversaw $40 million in client assets.

Summit Brokerage Services located in Boca Raton, Florida has recruited Ron Clark, Sharon Perdue and George Brkljacic. The Tampa, Florida based group was previously with ProEquities and oversaw $36 million in client assets.

Cheryl Dyer and Bruce Garetto of Medford, Oregon has left Raymond James to join Summit Brokerage Services located in Boca Raton, Florida. They oversaw $32 million in client assets.

Mark Thalman of Centerville, Ohio has left Raymond James to join Summit Brokerage Services located in Boca Raton, Florida. He oversaw $8 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.