National Planning Holdings Creates Partnership to Improve Practice Management and Succession Planning Support for Advisors

LAKE OSWEGO, Ore.--(BUSINESS WIRE)--National Planning Holdings, Inc. (NPH) has partnered with FP Transitions, a provider of equity management, valuation and succession planning services for the financial industry, to deliver enhanced practice management and succession planning support to its independent advisors. The partnership centers on FP Transitions’ Equity Management System, whose services will be integrated into the support platforms of the broker-dealers in the NPH network – INVEST Financial, National Planning Corporation (NPC), Investment Centers of America, Inc. (ICA) and SII Investments.

“Our advisors spend their careers helping investors manage their wealth and prepare for retirement, but in many cases, they may lack the time and resources to plan for their own departure from the business”

FP Transitions’ Equity Management System (EMS) provides planning tools for advisors who are ready to retire, as well as those whose retirement is farther on the horizon. The market-based valuation and benchmarking tools provided through the EMS program help advisors understand their business value in the context of the greater marketplace, and to make informed decisions about the future and direction of their independent practices. The platform also provides industry-specific continuity plans to assist advisors in ensuring a prompt transition of their business in the event of their death or disability. Advisors also have access to acquisition tools, contract support, and discounts on private consulting.

“Savvy broker-dealers are realizing it may be smarter to lean on our expertise and leverage their advisor services with our data, rather than re-inventing the wheel,” said Brad Bueermann, managing partner at FP Transitions. “Relationship managers are in a position to influence advisors to plan ahead and protect their business investment, and we provide the tools they need to make that happen.”

The focus of FP Transitions’ equity management platform is to create stable businesses that can sustain growth beyond the career of a single advisor. Studies show that multi-owner firms have higher growth rates than single-owner practices.

“Our advisors spend their careers helping investors manage their wealth and prepare for retirement, but in many cases, they may lack the time and resources to plan for their own departure from the business,” said Jim Livingston, president and CEO of NPH. “For that reason, succession planning is one of the most important aspects of practice management, and FP Transitions is a valuable partner in ensuring that our advisors can transition seamlessly into retirement.”

FP Transitions will work with staff at INVEST, National Planning Corporation, Investment Centers of America, Inc. and SII Investments to provide collaborative educational opportunities centered on valuation, continuity planning and growth strategies including acquisition and succession planning. For more information, visit www.fptransitions.com.

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 3,579 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.