By a News Reporter-Staff News Editor at Investment Weekly News -- National Planning Holdings, Inc. (NPH), the nation's sixth-largest independent broker-dealer network1, announced record revenue of $500.4 million for half-year 2014, an increase of 6.4 percent over half-year 2013. The network's second quarter revenue alone totaled $252.0 million, up 3.2 percent from the second quarter of 2013. NPH also reported $10.1 billion in gross product sales for the first half of 2014.
"The strong half-year results indicate the NPH network has maintained its leadership position in sales and recruiting, and remains poised for continued success," said Clifford Jack, chairman and president of NPH. "Each of our unique broker-dealer firms within the network offers advisors the customized resources they need to thrive in today's competitive market."
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 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® (Jackson®). 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 3,544 registered representatives (as of June 30, 2014). NPH and Jackson are wholly owned by Prudential plc (NYSE: PUK), a company incorporated in England and Wales. 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.
Keywords for this news article include: National Planning Holdings Inc, Financial and Investment Companies.
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