Ric Edelman of Edelman Financial Services Ranks No. 2 on Barron's Inaugural List of Top 100 Independent Financial Advisers

Ric Edelman of Edelman Financial Services Ranks No. 2 on Barron's Inaugural List of Top 100 Independent Financial Advisers

HOUSTON, Aug. 27 /PRNewswire-FirstCall/ -- Sanders Morris Harris Group Inc. (NASDAQ:SMHG) today announced that Ric Edelman, Founder and Chairman of Edelman Financial Services, has been named to Barron's inaugural list of Top 100 Independent Financial Advisers.

Ric Edelman ranked No. 2 overall. The list of distinguished advisers was compiled by industry researcher R.J. Shook, who weighed factors such as client satisfaction, total assets under management, as well as contribution to the firm's revenues and profits. Barron's magazine is one of Wall Street's most well-regarded publications and has been published since 1921.

"We are proud to be associated with someone of Ric's caliber," commented George L. Ball, Chairman of Sanders Morris Harris Group. "We think Edelman Financial Services provides a superb quality of financial guidance to investors. The extension of Ric's radio program to sixteen new cities makes his thoughtful message accessible to more households across the country."

About Edelman Financial Services

Edelman Financial Services is one of the largest independent financial planning firms in the nation, managing more than $3.5 billion for individuals and families nationwide. Ric Edelman is a best-selling personal finance author, writes a syndicated newspaper advice column for United Media and hosts an educational website at http://www.ricedelman.com/.

Additionally, Mr. Edelman hosts a comprehensive, educational financial advice program that is both entertaining and informative. The Ric Edelman Show can be heard on the following ABC Radio Networks:

* Atlanta -- WGST 640 AM -- Saturday 10:00 a.m. - Noon
* Baltimore -- WCBM 680 AM -- Saturday 10:00 a.m. - Noon
* Chicago -- WLS 890 AM -- Sunday 11:00 a.m. - 1:00 p.m.
* Columbus -- WTVN 610 AM -- Sunday 3:00 p.m. - 5:00 p.m.
* Dallas -- WBAP 820 AM -- Sunday 11:00 a.m. - 1:00 p.m.
* Detroit -- WJR 760 AM -- Saturday 2:00 p.m. - 4:00 p.m.
* Houston -- KPRC 950 AM -- Saturday 9:00 a.m. - 11:00 a.m.
* Indianapolis -- WIBC 1070 AM -- Saturday 3:00 p.m. - 5:00 p.m.
* Los Angeles -- KABC 790 AM -- Saturday 5:00 p.m. - 7:00 p.m.
* Miami -- WIOD 610 AM -- Saturday 1:00 p.m. - 3:00 p.m.
* New York -- WABC 770 AM -- Sunday 10:00 a.m. - Noon
* Orlando -- WFLA 540 AM -- Saturday 4:00 p.m. - 6:00 p.m.
* Phoenix -- KFYI 550 AM -- Sunday 11:00 a.m. - 1:00 p.m.
* Portland -- KPAM 860 AM -- Saturday 7:00 a.m. - 8:00 a.m.; Sunday
3:00 p.m. - 5:00 p.m.
* San Diego -- KFMB 760 AM -- Sunday 3:00 p.m. - 5:00 p.m.
* San Francisco -- KSFO 560 AM -- Saturday 10:00 a.m. - Noon
* Washington, D.C. -- WMAL 630 AM -- Saturday 10:00 a.m. - Noon

About Sanders Morris Harris Group

Sanders Morris Harris Group is a financial services holding company headquartered in Houston that manages approximately $15.8 billion in client assets. The subsidiaries and affiliates of Sanders Morris Harris Group deliver superior wealth advisory, asset management, and capital markets services to individual and institutional investors and middle-market companies. Its operating entities are Edelman Financial Center, Salient Partners, Salient Trust Co. LTA, SMH Capital, SMH Capital Advisors, and Select Sports Group. Sanders Morris Harris Group has over 600 employees in 21 states. Additional information is available at http://www.smhgroup.com/.

First Call Analyst:
FCMN Contact:

Source: Sanders Morris Harris Group Inc.

CONTACT: Rick Berry, Chief Financial Officer of Sanders Morris Harris
Group Inc., +1-713-993-4614

Web site:

http://www.smhgroup.com/

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