National Planning Holdings posts first-quarter results
National Planning Holdings sales and revenue up over previous quarter; rep count up 2.5 percent from Q1 2011.
By Noah Guillaume|May 21, 2012 at 07:02 AM
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The National Planning Holdings Inc. broker-dealer network achieved quarterly revenue of nearly $197 million on quarterly gross product sales of more than $4.2 billion. First quarter 2012 sales and revenue saw 15.7 percent and 8 percent gains, respectively, from the fourth quarter of 2011.
NPH also added 89 affiliated financial professionals—a 2.5 percent increase from the first quarter of 2011—to its representative count for a total of 3,652 reps within the network.
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