National Planning Holdings, Inc.® Boosts Third Quarter Revenue
Third quarter revenue jumps 7.6% to $215 Million from 3Q 2011
SANTA MONICA, Calif. -- November 26, 2012
National Planning Holdings, Inc. (NPH^®), one of the largest independent
broker-dealer networks in the U.S., booked revenue of more than $215 million
in the third quarter of 2012, a 7.6-percent increase over the same period in
2011, and a 0.4-percent increase over the previous quarter. The four-firm
network also increased total product sales to more than $4.2 billion in the
third quarter, a 4.4-percent jump from the second quarter of 2012.
The NPH network consists of INVEST Financial Corporation^®, Investment Centers
of America, Inc., National Planning Corporation^®, and SII Investments, Inc.^®
Each company maintains its own unique culture and niche within the financial
planning marketplace, allowing the NPH network to deliver customized,
market-specific services to representatives of all profiles.
“As we approach the end of 2012, NPH has continued to find success by helping
advisers grow their businesses through innovative technology, product and
client service solutions,” said Jim Livingston, president and chief executive
officer of NPH. “In today’s rapidly changing economic environment, our ability
to provide regulatory guidance, due diligence and technology expertise to
advisers will allow us to build on our legacy and continue to attract some of
the best talent in the industry.”
NPH 3^rd Quarter 2012 Results: Year-Over-Year Comparison
Q3 2012 Q3 2011 % Change
Sales $4,206,326,019 $4,356,910,354 (3.5)%
Revenue $215,496,544 $200,366,945 7.6%
# of Reps 3,579 3,644 (1.8)%
Year-to-date, NPH has achieved revenue of more than $627 million on gross
product sales of more than $12.4 billion, a revenue increase of 3.6-percent
over the first three quarters of 2011. NPH’s rep count continues to hold solid
numbers, ending the quarter with a total of 3,579 registered representatives.
NPH 3^rd Quarter 2012 Results: Quarter-Over-Quarter Comparison
Q3 2012 Q2 2012 % Change
Sales $4,206,326,019 $4,028,240,906 4.4%
Revenue $215,496,544 $214,548,299 0.4%
# of Reps 3,579 3,651 (2.0)%
“NPH continues to bring new innovations to our technology platforms and
practice management solutions in order to boost adviser efficiency and
productivity,” Livingston said. “Our network remains well-positioned for long
term growth and ongoing leadership in the industry by providing the resources
that representatives need to grow and expand their businesses.”
National Planning Holdings, Inc. is an affiliate of Lansing, Mich.-based
Jackson National Life Insurance Company^® (Jackson^®). For more information
about the four independent broker-dealers in the National Planning Holdings
network, please visit:
*www.INVESTFinancial.com - INVEST Financial Corporation
*www.InvestmentCenters.com - Investment Centers of America, Inc.
*www.NatPlan.com - National Planning Corporation
*www.SIIOnline.com - SII Investments, Inc.
About National Planning Holdings, Inc.
National Planning Holdings, Inc. ^ (NPH) is a broker-dealer holding company
and an affiliate of Lansing, Mich.-based Jackson National Life Insurance
Company^®. NPH serves as the holding company for the independent
broker-dealers INVEST Financial Corporation, Investment Centers of America,
National Planning Corporation, and SII Investments, Inc. Collectively, the NPH
broker-dealer network currently has 3,579 registered representatives. NPH and
Jackson are wholly owned by Prudential plc (NYSE: PUK), a company incorporated
and with its principal place of business in the United Kingdom. Prudential plc
is not affiliated in any manner with Prudential Financial, Inc., a company
whose principal place of business is in the United States of America.
National Planning Holdings, Inc.
Melissa Hernandez, 303.224.7572
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