ROCKVILLE, Md., Oct. 19 /PRNewswire/ -- Capital Financial Group's (CFG) broker-dealer, H. Beck, Inc. (HBI), located in Rockville, MD, has been named broker-dealer of the year by Investment Advisor magazine.
For the balloting, 5,000 credentialed financial advisors across the nation rated their own securities broker-dealers in 15 categories. One winner is named for each of four size-based divisions, and CFG/HBI won the second largest division (500-999 financial advisors) for the second time.
CFG/HBI President and CEO Eric G. Meyers says the firm's financial strength earns high marks from its registered representatives. The company operates independently but is a wholly-owned subsidiary of Securian Financial Group, Inc.
"We enhanced the continuity of the company by partnering with Securian in 2008," said Meyers. "Our advisors are pleased and happy that under Securian's ownership we are now strong enough to withstand twists or turns in the economy."
Other factors praised by the firm's representatives included the quality of the investments and services offered by the firm and the excellent communications between the home office and the professionals in the field.
"Our financial professionals know that if they need to talk to me, their phone calls will be returned within 24 hours," said Meyers. "They are our clients and we put their needs first." Meyers also is an active producer, giving him added credibility with CFG/HBI's associates. "They know that, day in and day out, I face the same challenges they do."
CFG is an independent financial organization that serves the needs of individuals and estates. HBI was founded in 1954 and is the securities arm of CFG. As an independently operated affiliate of Securian Financial Group, Inc., HBI is a full-service broker-dealer, licensed in fifty states, with a network of more than 900 registered representatives. HBI also is a registered investment advisor, regulated by the Securities and Exchange Commission, the Financial Industry Regulatory Authority (FINRA), and other federal and state authorities. HBI is a member of the Securities Investor Protection Corporation (SIPC).
As part of Summit Business Media, LLC, Investment Advisor offers information and analysis about wealth management, insurance, and tax planning. With a print circulation of 110,000, Investment Advisor is now in its 30th year of serving US investment advisors and financial planners.
SOURCE Securian Financial Group, Inc.