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Southworth Development Partner Joe Deitch Named One Of The 30 Most Influential People In The Financial Services Industry Over The Past 30 Years By Investment Advisor Magazine

June 10, 2010

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Newton, Massachusetts – (June 10, 2010) – Southworth Development’s Principal Partner Joseph Deitch has been named one of the 30 Most Influential People in the Financial Services Industry over the past 30 years by Investment Advisor Magazine.

Deitch, Founder and Chairman of Commonwealth Financial Network, the nation’s largest privately owned, independent broker/dealer firm with over $50 billion under management, is known throughout the industry as a leader in financial planning. In 2006, he joined as co-owner and visionary partner at Southworth Development. A close, long-time friend of David Southworth, Deitch has helped position the company to succeed in the dramatically changing world of real estate and resort development. His passion for Real Estate Development and his many talents have helped create an organization that’s unique in the real estate development world – a veritable “dream team” of professionals from many different disciplines — while his expertise has strengthened the Southworth company on many levels.

The “Thirty for Thirty” honor is presented by Investment Advisor to the 30 most influential individuals that have molded the financial planning profession over the last three decades. Deitch joins a distinguished list including Alan Greenspan, Charles Schwab, John Bogle, Steve Jobs and President Ronald Reagan.

Deitch humbly contributes his success to the vast talent and contributions of his staff and his partners, both at Commonwealth Financial and Southworth Development. “One of my greatest strengths is my knowledge of how limited I am,” he said to Investment Advisor. “So I’ve surrounded myself with talented people who speak their mind and their views.”

“Our team at Southworth is thrilled about Joe’s recent honor,” said David Southworth, President and CEO of Southworth Development. “When you are lucky enough to have the kind of energized setting we enjoy each day at Southworth, it becomes even more apparent how important it is to have a leader like Joe on our team.”

About Southworth Development
Southworth Development LLC is a privately held company specializing in the development of residential resort and hospitality-branded real estate communities. Founded by David Southworth, Southworth Development’s expertise includes master-planned community development; asset management; golf course construction management and resort and golf operations management.

Today, through Southworth’s wholly owned subsidiaries, Southworth Golf and Southworth Europe Ltd., Southworth has become a leader in the international resort and golf development industry serving communities in the United States, Puerto Rico, The Dominican Republic, The Bahamas and Scotland.

Southworth communities include Machrihanish Dunes, a celebrated historic project on the west coast of Scotland, consisting of a new, 18-hole, David McLay Kidd-designed seaside links course, along with the restoration of two beautiful old Scottish hotels, the creation of single-family residential home sites and fractional ownership golf cottage units; Meredith Bay, a 600+/- unit luxury residential gated community and marina located on New Hampshire’s famed Lake Winnipesaukee; Renaissance Golf Club ,a private golf club with a 18-hole Brian Silva championship golf course located on Boston’s North Shore; Creighton Farms an award winning, private, 18-hole Jack Nicklaus Signature golf course and community consisting of 181 luxury home sites located outside Washington D.C.; and, currently under development, PGA Village® The Bahamas, which will feature a 1,906-acre oceanfront site with over 2 miles of beachfront, 1,500 residential units, anchored by a five-star boutique hotel, 36-holes of championship-caliber golf, a casino and the PGA Village®, located on Cat Island in The Bahamas.

Contact:
Nancy Powers
npowers@southworthdevelopment.com
508.548.4969

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