National Planning Holdings, Inc.(R) Posted Record Sales and Revenue in 2006.Sales up 26% to Nearly $12 Billion; Revenue up 17% to Nearly $493 Million SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif. -- National Planning Holdings, Inc. (NPH NPH 3-nitropropionic acid. isophane insulin suspension (NPH) and insulin injection (regular) Humulin 50/50 (50% isophane insulin and 50% insulin injection), Humulin 70/30 (70% isophane insulin and 30% insulin injection), Humulin 70/30 PenFill, ), the nation's sixth-largest broker-dealer network1, generated record annual sales of more than $11.8 billion during 2006, a 26.3% increase over 2005. The network also booked record revenue of nearly $493 million in 2006, up 17.2% from the prior year. Furthermore, NPH had 2,628 affiliated financial professionals on its platform at year-end 2006, another record for the network. [TABLE OMITTED] "NPH reached new heights in 2006 - both in terms of financial performance and recruiting - due to our focus on enhancing service, technology and product offerings in order to meet the evolving needs of our representatives," said Shawn Dreffein, president of National Planning Holdings. "As the competition in the industry intensifies, NPH maintains a distinct advantage by providing a technology platform that eliminates paperwork, streamlines operations and strengthens compliance management. By helping representatives improve the efficiency of their practices, we are also making it easier for them to deliver a higher level of service to their clients." On a quarterly basis, the NPH network booked revenue of more than $125 million during the fourth quarter, up 16.6% versus the fourth quarter of 2005. NPH also recorded fourth quarter 2006 sales of nearly $3 billion - an increase of more than 37% when compared to the same period in 2005. [TABLE OMITTED] NPH's performance also improved from the previous quarter, with a 7.6% increase in sales and a 6.3% increase in revenue over the third quarter of 2006, as well as a slight increase in representatives. [TABLE OMITTED] "Comparing both year-over-year and quarter-over-quarter results demonstrates consistent growth across the network," continued Dreffein. "We have worked hard to develop a significant degree of momentum and I am proud of the dedication each NPH employee has demonstrated over the last year. 2007 brings unique challenges as the industry continues to evolve, but I am confident that we have the right people, processes and technology in place to maintain our growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. ." 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([R]); Investment Centers of America, Inc.; National Planning Corporation([R]) and SII SII Servicio de Impuestos Internos (Chile) SII Seiko Instruments, Inc. SII Strong Interest Inventory SII Standards Institution of Israel SII Securities and Investment Institute (UK) Investments, Inc. Each company 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. "Having the firms maintain their own unique cultures allows them to effectively address the needs of their individual client base," said Dreffein. "Each company has in-depth understanding of the channel it serves, whether it is community banks, national financial institutions or independent advisers. It also allows them to maintain a small-company feel and personal touch, but with access to the technological capabilities that are typical of a large firm." 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. NPH and Jackson are wholly owned by Prudential plc This article is about the British company. For the American company, see Prudential Financial. For places named after the company, see Prudential. Prudential plc (LSE: PRU, NYSE: PUK) is a United Kingdom-based financial services company. (NYSE NYSE See: New York Stock Exchange :PUK PUK Patriotic Union of Kurdistan PUK Personal Unlocking Key (as used in mobile phones) PUK PopUp Killer PUK Potchefstroomkampus (South Africa) PUK Pop-Up Killer (browser utility) ), a company incorporated and with its principal place of business in the United Kingdom. Prudential plc is not affiliated in any manner with Prudential Prudential is the name of two different companies and buildings named after them: Companies:
1 Independent Broker-Dealer Network rankings by reps producing over $100,000 - InvestmentNews, 1/29/07 |
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