Don Shula to play on Summit Brokerage team
From recruiting players to recruiting financial advisers, Hall of Fame football coach Don Shula has signed a sponsorship deal with the parent of Summit Brokerage.Boca Raton-based Summit Financial Services Group (OTCBB: SFNS) did not announce the terms of the deal with the former Miami Dolphins and Baltimore Colts coach. Shula, who has more wins on his record than any NFL coach, guided the Dolphins to the league’s only undefeated season.
“I see in the management and employees of Summit the same types of characteristics that I looked for when building championship teams,” Shula said in a news release. “I look forward to my new role in working with Summit to recruit the industry’s best advisers.”
Summit has 305 registered representatives. It has grown from $5 million in revenue in 2002 to $45 million in 2009. In the first nine months of 2010, Summit earned $649,000 on revenue of $46.2 million.
“We strongly believe that financial advisors will respond well to Coach Shula’s reputation, both on and off the field, for winning, leadership, integrity and honor, which will help cement the firm’s reputation as a leading independent broker-dealer,” Summit Chairman and CEO Marshall Leeds said in the release.
Summit shares were down 3 cents to 82 cents in afternoon trading. The 52-week high was $1.05 on Aug. 4. The 52-week low was 35 cents on Jan. 13, 2010.
From recruiting players to recruiting financial advisers, Hall of Fame football coach Don Shula has signed a sponsorship deal with the parent of Summit Brokerage.
Boca Raton-based Summit Financial Services Group (OTCBB: SFNS) did not announce the terms of the deal with the former Miami Dolphins and Baltimore Colts coach. Shula, who has more wins on his record than any NFL coach, guided the Dolphins to the league’s only undefeated season.
“I see in the management and employees of Summit the same types of characteristics that I looked for when building championship teams,” Shula said in a news release. “I look forward to my new role in working with Summit to recruit the industry’s best advisers.”
Summit has 305 registered representatives. It has grown from $5 million in revenue in 2002 to $45 million in 2009. In the first nine months of 2010, Summit earned $649,000 on revenue of $46.2 million.
“We strongly believe that financial advisors will respond well to Coach Shula’s reputation, both on and off the field, for winning, leadership, integrity and honor, which will help cement the firm’s reputation as a leading independent broker-dealer,” Summit Chairman and CEO Marshall Leeds said in the release.
Summit shares were down 3 cents to 82 cents in afternoon trading. The 52-week high was $1.05 on Aug. 4. The 52-week low was 35 cents on Jan. 13, 2010.
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