Auld quits NEXT Financial, Joins Rival
by Bruce Kelly and featured in Investment News August, 2006: New York - Jeff Auld, who has played a pivotal role in establishing NEXT Financial Group Inc. as one of the nation's fastest-growing independent broker-dealers, is leaving to join rival Berthel Fisher & Company Financial Services Inc. Mr. Auld, who is president of Houston-based NEXT Financial Group, will depart Aug. 31 to become president of Berthel Fisher in Marion, Iowa. Mr. Auld, 48, joined NEXT Financial Group in 2000 and is credited with almost single-handedly driving its growth, largely through his ability to recruit new representatives. His impending departure comes as NEXT Financial Group, like many other independent-contractor broker-dealers, is scrambling to find an executive to lead its recruiting efforts (InvestmentNews, Aug. 7). Gordon D'Angelo, chairman and CEO of NEXT Financial Group Holding Co., will...