The National Planning Holdings, Inc. network of independent broker-dealers booked record revenue of nearly $412 million in the first half of 2012, an increase of 7.5 percent over the previous six months, and a 1.6 percent increase over the same period in 2011.
The four firms in the network also generated more than $8.2 billion in gross product sales for the first six months of the year, up 3 percent over the last six months of 2011.
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.
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National Planning is an affiliate of Lansing, Mich.-based Jackson National Life Insurance Company.
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