National Planning Holdings Creates Partnership to Improve Practice
Management and Succession Planning Support for Advisors
LAKE OSWEGO, Ore. -- February 12, 2013
National Planning Holdings, Inc. (NPH) has partnered with FP Transitions, a
provider of equity management, valuation and succession planning services for
the financial industry, to deliver enhanced practice management and succession
planning support to its independent advisors. The partnership centers on FP
Transitions’ Equity Management System, whose services will be integrated into
the support platforms of the broker-dealers in the NPH network – INVEST
Financial, National Planning Corporation (NPC), Investment Centers of America,
Inc. (ICA) and SII Investments.
FP Transitions’ Equity Management System (EMS) provides planning tools for
advisors who are ready to retire, as well as those whose retirement is farther
on the horizon. The market-based valuation and benchmarking tools provided
through the EMS program help advisors understand their business value in the
context of the greater marketplace, and to make informed decisions about the
future and direction of their independent practices. The platform also
provides industry-specific continuity plans to assist advisors in ensuring a
prompt transition of their business in the event of their death or disability.
Advisors also have access to acquisition tools, contract support, and
discounts on private consulting.
“Savvy broker-dealers are realizing it may be smarter to lean on our expertise
and leverage their advisor services with our data, rather than re-inventing
the wheel,” said Brad Bueermann, managing partner at FP Transitions.
“Relationship managers are in a position to influence advisors to plan ahead
and protect their business investment, and we provide the tools they need to
make that happen.”
The focus of FP Transitions’ equity management platform is to create stable
businesses that can sustain growth beyond the career of a single advisor.
Studies show that multi-owner firms have higher growth rates than single-owner
“Our advisors spend their careers helping investors manage their wealth and
prepare for retirement, but in many cases, they may lack the time and
resources to plan for their own departure from the business,” said Jim
Livingston, president and CEO of NPH. “For that reason, succession planning is
one of the most important aspects of practice management, and FP Transitions
is a valuable partner in ensuring that our advisors can transition seamlessly
FP Transitions will work with staff at INVEST, National Planning Corporation,
Investment Centers of America, Inc. and SII Investments to provide
collaborative educational opportunities centered on valuation, continuity
planning and growth strategies including acquisition and succession planning.
For more information, visit www.fptransitions.com.
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.
Christine Sjolin, Corporate Programs Manager
(800) 934-3303 ext. 2034
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