National Planning Holdings, Inc., the nation's seventh-largest independent broker-dealer network, said today it boosted sales by 20.5% in 2007, to more than $14.3 billion, and that its booked revenue jumped nearly 22%, to almost $600 million.
In addition, NPH expanded its roster of registered representatives affiliated with its network of four independent broker-dealer firms by 12.8% last year, to almost 3,000 total. That network comprises INVEST Financial Corporation, Investment Centers of America, Inc., National Planning Corporation, and SII Investments, Inc.
Located in Santa Monica, Calif., NPH is an affiliate of Lansing, Mich.-based Jackson National Life Insurance Company.