National Planning Holdings, Inc.(R) Introduces Virtual Interoffice Platform.VIP Program Provides Cost-Effective Solution to Administrative Support
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Humulin 50/50 (50% isophane insulin and 50% insulin injection), Humulin 70/30 (70% isophane insulin and 30% insulin injection), Humulin 70/30 PenFill, (SM)), the nation's seventh-largest broker-dealer network1, has begun to roll out its Virtual Interoffice in·ter·of·fice
Transmitted or taking place between offices, especially those of a single organization: an interoffice memo; interoffice conferences. Platform (VIP) to registered representatives at INVEST Financial Corporation([R]). The program is designed to significantly reduce the time and expense associated with hiring and managing an in-house assistant by allowing advisors to opt for a fully licensed, professionally trained and management-supervised Virtual Sales Assistant (VSA VSA (in New Zealand) Voluntary Service Abroad ).
The Virtual Interoffice Platform offers substantial cost savings for representatives by eliminating many of the expenses associated with hiring an in-house assistant, such as office equipment and employee benefit programs. The VIP also saves the representative considerable time and effort by handling the entire interview process, providing intensive initial training and ongoing supervision, and ensuring quality control and service standards.
"I've been extremely impressed with how proactive my virtual assistant has been in assisting my clients and handling tasks that would normally consume a great deal of my time," said Matthew Rapp, part of the beta test group and a registered representative with INVEST Financial Corporation, one of the four firms in the NPH network. "There is also a tremendous advantage to having him located in my broker-dealer's home office - his ability to communicate with other employees allows him to be resourceful and very responsive to my requests."
As an employee of the broker-dealer home office, the Virtual Sales Assistant has immediate access to home office staff and resources, as well as training on NPH's latest initiatives, products and services. The VSA implements a standardized, efficient, compliance-approved system for workflow management, problem resolution and books and records maintenance, which reduces errors and follow-up. NPH will provide a back-up VSA when the representative's dedicated assistant is out of the office, and will also provide a replacement if the VSA terminates employment, thus eliminating disruption to the advisor's business due to employee absences and turnover.
"The demands of running an efficient practice are becoming more rigorous, and most advisors are finding that a knowledgeable and dependable support staff is an essential part of serving their clients effectively," said Jim Livingston, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of NPH. "The Virtual Interoffice Platform is designed to help representatives manage the growth of their business by allowing them to delegate administrative and marketing functions to an individual who understands their goals. The program is part of our ongoing initiative to respond to the evolving needs of advisors by providing valuable practice management tools that can help them better serve their clients."
After testing concludes, the network plans to roll the VIP program out to its other three firms (Investment Centers of America, Inc. (ICA Ica (ē`kä), city (1993 pop. 108,724), capital of Ica dept., SW Peru, on the Pan-American Highway. It is a commercial center for the cotton, wool, and wine produced in the region. There are several summer resorts nearby. ), National Planning Corporation([R]) (NPC 1. (complexity) NPC - NP-complete.
2. (architecture) NPC - Next Program Counter. ) and SII SII Servicio de Impuestos Internos (Chile)
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National Planning Holdings, Inc. is an affiliate of Lansing, Michigan-based Jackson National Life Jackson National Life Insurance is a U.S. life assurance company that is a subsidiary of the UK based insurer, Prudential Plc. Founded in 1961, Jackson is headquartered in Lansing, Michigan, and has over a thousand employees in the region. Insurance Company([R])(Jackson(SM)). 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 serves a specific niche of the financial planning Financial planning
Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against 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 - INVEST Financial Corporation
* www.InvestmentCenters.com - Investment Centers of America, Inc.
* www.NatPlan.com - National Planning Corporation
* www.SIIOnline.com - SII Investments, Inc.
About National Planning Holdings, Inc.
Santa Monica, Calif.-based 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 2,819 registered representatives. NPH and Jackson are wholly owned by Prudential plc (NYSE NYSE
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1 Independent Broker-Dealer Network rankings by gross revenue, InvestmentNews, 4/23/07