National Planning Holdings, Inc.® Hits $5 Billion in Sales for Third
Straight Quarter, Breaks another Revenue Record with Strong 3Q Results
Third quarter 2013 results represent a 24.6-percent increase in sales and
14.4-percent increase in revenue for the network over the same period in 2012
SANTA MONICA, Calif. -- November 21, 2013
The National Planning Holdings, Inc. (NPH^®) independent broker-dealer network
continued its record-breaking streak through the third quarter of 2013,
achieving more than $717 million in revenue (as of September 30). The
network’s 2013 year-to-date total revenue represents an increase of 14.4
percent year over year. NPH also generated $15.5 billion in gross product
sales year-to-date, an increase of nearly 25 percent over the same period in
According to Clifford Jack, chairman and chief executive officer of NPH, the
ability of the individual broker-dealers to maintain solid sales and revenue
throughout 2013 tells a story of consistency, one of the network’s key
“In an age of unprecedented market volatility, we strive as a network to be
the model of reliability and constancy for the advisors, advisor groups and
institutions that call the NPH broker-dealers ‘home’,” said Jack. “Breaking
records is a fantastic success story, but more importantly, I believe the
network’s third quarter numbers and the results we have seen throughout the
year speak volumes about our ability to continue to offer our constituents
unparalleled service and support in an ultra-competitive industry.”
NPH YTD 2013 Results: Year-Over-Year Comparison
September YTD 2013 September YTD 2012 % Change
Sales $15,508,084,308 $12,449,215,732 24.6%
Revenue $717,423,804 $627,037,276 14.4%
NPH ended the third quarter with a total of 3,545 registered representatives
across all four firms, which is relatively consistent with advisor counts over
the past few quarters. Jack attributes the network’s strong retention rates to
NPH’s suite of value-added programs and the unique organizational culture of
“Our consultative practice management programs and intuitive technology
platforms are important reasons why advisors are drawn to NPH, but you can
never discount our culture as a crucial driver of each individual
broker-dealer’s success and the achievements of the network as a whole,” said
Jack. “Because of the focus on building strong personal relationships with
each advisor and institution, NPH’s commitment to world-class service is more
than just an obligation – it’s our identity.”
NPH 3^rd Quarter 2013 Results: Year-Over-Year Comparison
Q3 2013 Q3 2012 % Change
Sales $5,127,065,616 $4,206,326,019 21.9%
Revenue $247,335,670 $215,496,544 14.8%
Third quarter 2013 results were also much higher than in third quarter 2012.
NPH generated double-digit percentage increases in both sales and revenue,
with sales rising more than 20 percent over the third quarter of 2012.
National Planning Holdings, Inc. is an affiliate of Lansing, Mich.-based
Jackson National Life Insurance Company. ^ 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. For more information about the four
independent broker-dealers in the National Planning Holdings network, please
visit www.INVESTFinancial.com/public/joininvest/direct.html, www.joinica.com,
www.joinnpc.com and www.joinsii.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, Inc., National Planning
Corporation, and SII Investments, Inc. Collectively, the NPH broker-dealer
network currently has 3,545 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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