National Planning Holdings, Inc.® Announces Second Quarter Results

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Mon Aug 17, 2009 9:48am EDT

Continued Focus on Adviser Support & Value-Added Service Helps NPH Achieve
Record Rep Count
SANTA MONICA, Calif.--(Business Wire)--
National Planning Holdings, Inc. (NPH®), one of the nation`s largest independent
broker-dealer networks1, booked revenue of more than $148 million in the second
quarter of 2009, an increase of 9.1 percent over the prior quarter. The network
also generated total sales of nearly $3.5 billion during the second quarter, up
1.4 percent from the first quarter. 

Furthermore, NPH continued to attract new advisers during the second quarter,
bringing the total number of financial professionals affiliated with the
network`s four independent firms to an all-time high of 3,535. The growth in
representative count represents a 2.3-percent increase over the prior quarter. 

"We are experiencing a period of historic change in the financial services
industry. The regulatory environment is evolving, clients` needs are gaining
complexity and running a successful financial planning practice involves a host
of new challenges," said Jim Livingston, president and CEO of National Planning
Holdings. "Given this new environment, advisers have come to expect more from
their broker-dealers. NPH has always focused on providing a level of support
that exceeds our representatives` expectations and sets a new standard in the
broker-dealer industry. As more advisers gravitate to the network, we will
continue our efforts to deliver timely and innovative solutions that have a
meaningful impact on their businesses."

 NPH Second Quarter 2009 Results - Quarter-Over-QuarterComparison:              
                                                                                
              Q2 2009           Q1 2009           % Increase vs. Q1 2009  
 Sales        $3,472,888,751    $3,423,854,309    1.4%                    
 Revenue      $148,452,307      $136,041,062      9.1%                    
 # of Reps    3,535             3,456             2.3%                    


NPH`s first-half sales and revenue fell 6.9 percent and 10.8 percent,
respectively, from the same period a year ago. However, the network has added
more than 500 new advisers since the first half of 2008, expanding its
representative base by nearly 17 percent.

 NPH Half-Year 2009Results - Year-Over-Year Comparison:                         
                                                                                
              HY 2009           HY 2008           % Increase vs. HY 2008  
 Sales        $6,896,743,061    $7,406,134,689    (6.9)%                  
 Revenue      $284,493,369      $318,877,602      (10.8)%                 
 # of Reps    3,535             3,025             16.9%                   


"The NPH broker-dealer network is a key component of Jackson`s overall
distribution strategy," said Clifford Jack, chairman of National Planning
Holdings and executive vice president and chief distribution officer of Jackson
National Life Insurance Company. "NPH has achieved an impressive level of growth
over the past several years, and Jackson will continue to support the network`s
expansion as part of its long-term commitment to the independent financial
adviser channel." 

National Planning Holdings, Inc. is an affiliate of Lansing, Michigan-based
Jackson National Life Insurance Company® (Jackson®). 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
marketplace, allowing the NPH network to deliver customized, market-specific
services to representatives of all profiles. 

For more information about the four 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.

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 3,535 registered representatives. NPH and Jackson are
wholly owned by Prudential plc (NYSE: PUK), a company incorporated and with its
principal place of business in the United Kingdom. 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. 

1. Independent Broker-Dealer Network rankings by gross revenue, InvestmentNews,
4/27/09 





National Planning Holdings, Inc.
Andrew Silver
303.224.7542
800.565.8797 (ext. 57542)
andrew.silver@jnli.com



Copyright Business Wire 2009

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