DALLAS, March 22, 2012 /PRNewswire/ -- Southwest Securities, Inc. has announced that seven of the firm's Private Client Group financial advisers in California have been awarded the Five Star Wealth Manager Award by Five Star Professional. Frank Brady, Gary Frazeur and David Penn in Beverly Hills; David Gotz and Justin Parker in San Diego; and David Nielsen and Joseph McGann in Sacramento were recognized with this annual distinction. Five Star professionals are chosen through an objective selection process in which candidates are evaluated on ten criteria such as client retention rates, client assets administered and a favorable regulatory and complaint history. It is an exclusive award given to no more than seven percent of professionals in a given industry and market area. This is the second year that Messrs. Frazeur, Gotz, Parker and Penn have received the award, and the first year for Messrs. Brady, Nielsen and McGann. "We are extremely proud to congratulate these Southwest Securities advisers for being named Five Star Wealth Managers," said Larry Tate, Southwest Securities' Director of Retail. "This recognition demonstrates how committed these talented professionals are to providing our clients with the highest level of personal service." The San Diego recipients were featured in the January edition of San Diego Magazine, while the Beverly Hills recipients were featured in the February 2012 edition of Los Angeles magazine and the Sacramento recipients were featured in the March 2012 edition of Sacramento magazine. Wealth managers do not pay a fee to be included in the evaluation process or to be named as a Five Star Wealth Manager. Southwest Securities, Inc., a member of NYSE, FINRA and SIPC, provides securities brokerage, investment banking and securities clearing services to a broad range of individual, corporate, public and industry clients. The firm is a wholly owned subsidiary of SWS Group, Inc. (NYSE: SWS), a financial services holding company whose stock is listed and traded on the New York Stock Exchange under the symbol, SWS.
The ex-dividend date for SWS Group (NYSE:SWS) is Monday, June 13, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $6.14 as of 9:31 a.m., the dividend yield is 0.7%.
The ex-dividend date for SWS Group (NYSE:SWS) is tomorrow, March 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 1 cent per share. At a price of $5.18 as of 10:22 a.m., the dividend yield is 0.8%.