National Planning Holdings Inc. booked record revenue of nearly $788 million in 2011, an increase of 13.5 percent over 2010. NPH's annual product sales increased by 14.0 percent from the prior year to more than $16.3 billion, which represents record volume for the firm. The network also added 175 financial professionals since the end of 2010, boosting NPH's overall representative count by 5.1 percent.
The NPH network consists of INVEST Financial Corp., Investment Centers of America Inc., National Planning Corp. 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.
"NPH's performance in 2011 is a strong indicator that our network remains positioned for long-term growth, and that we will maintain our momentum as an industry leader," said Jim Livingston, president and CEO of National Planning Holdings. "We are committed to demonstrating value to advisers by providing the resources they need to grow and expand their businesses."
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
