Date: 09.30.16

Summit Brokerage Wins Prestigious Industry Award | Summit

eLaunch Inititative Receives Award for Transition Support

Boca Raton, FL, September 30, 2016 – Summit Brokerage Services, the #1 independent broker-dealer in the country*, announced today that it has been recognized for its outstanding industry contribution in Transition Support at the Second Annual WealthManagement.com Industry Awards.

Summit’s innovative eLaunch initiative, allows new Summit advisors to complete their licensing and registration packets and fulfill insurance and compliance requirements, including all required signatures electronically and in one sitting. They can also enter tax information and enroll in direct deposit for their weekly commissions. Once advisors are registered, the system helps them efficiently transfer their client account information electronically. The program has drastically shortened the time needed to license and register new advisors and dramatically reduced their paperwork load. The number of signatures required of new advisors dropped from 31 to 5, while compliance disclosure documents needing to be signed decreased from 12 to 1 on the new eLaunch system.

Summit’s President & CEO, Marshall Leed’s who accepted the award on Summit’s behalf said, “this award is a reflection of the innovation and problem-solving ability Summit’s associates possess and which permeates throughout our culture. We are excited to receive such a prestigious award in a field of outstanding organizations, I am proud of all Summit’s Associates for all their hard work in serving our advisors.”

The WealthManagement.com Industry Awards recognize companies and organizations that provide exceptional leadership and support for financial advisor success. An independent panel of industry experts selected 2016 award winners in more than 60 individual categories. #wmia16

A portion of the proceeds from the WealthManagement.com 2016 Industry Awards event will be donated to the Foundation for Financial Planning, an organization devoted to providing pro bono financial planning to the underserved, primarily by providing grants to connect those in need with those willing to provide financial planning.

About Summit Brokerage Services, Inc.

Summit Brokerage Services is part of Cetera Financial Group. Summit Brokerage provides 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.

About Cetera Financial Group

Cetera Financial Group® ("Cetera") is a leading network of independent retail broker-dealers empowering the delivery of objective financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera is the second-largest independent financial advisor network in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions.

Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations. Advisor support resources offered through Cetera include award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support and innovative technology. For more information, visit www.ceterafinancialgroup.com.

"Cetera Financial Group" refers to the network of retail independent broker-dealers encompassing, among others, Cetera Advisors, Cetera Advisor Networks, Cetera Financial Institutions, Cetera Financial Specialists, First Allied Securities, Girard Securities, The Legend Group and Summit Brokerage Services.

*Rated by REP magazine’s Independent Broker-Dealer Report Card.