Nationwide Planning Associates, Inc.

Nationwide Planning Associates, Inc.


115 West Century Road, Suite 360

Paramus, NJ 07652

(201) 476-0029

Clearing firm: Pershing LLC

No. advisers: 137

No. franchises: 31

AUM: $2,716,649,465

Year founded: 1992

Year end: Dec. 31

No. of retail offices: 28

For More Information

CEOMichael J. Karalewich
Recruiting ContactMichael J. De Pol
(201) 819-6204
Compliance ContactJames S. Colleary
(201) 690-3045
Technology Operations ContactAlan Curtis
(201) 690-3051

Recruitment & Staffing

2020 2019 2018
No. of reps123137124
No. of reps, male108123109
No. of reps, female151415
No. of producing reps123137124
No. of producing reps, male108123109
No. of producing reps, female151415
No. of reps producing $100K-$499K /year485143
No. of reps producing $500K+ /year888
No. of CFPs999
No. of full-time employees212120
No. of fee-based advisers served505154
Average payout per rep, per year$287,489$265,153$247,391
Avg. annual production of top 20% reps$683,083$637,257$585,217
Total payout, per year$16,418,978$16,041,931$16,890,063
Cost of E&O insurance per rep, per year337231862949
Affiliation fees charged per rep, per year500500500
Affiliation fee coverageThe affiliation fee is designed to offset certain FINRA regulatory fees (gross income assessment and personnel assessment).The affiliation fee is designed to offset certain FINRA regulatory fees (gross income assessment and personnel assessment).The affiliation fee is designed to offset certain FINRA regulatory fees (gross income assessment, and personnel assessment).
2020 2019 2018
Total revenues$22,711,603$21,742,546$19,049,094
Commission revenues$14,135,079$14,523,507$12,520,522
Securities revenues$4,746,665$4,180,789$3,611,039
Securities revenues: Stocks$3,597,272$3,037,920$2,645,343
Securities revenues: Bonds$380,179$485,165$364,501
Securities revenues: ETFs00
Securities revenues: Other$769,214$657,704$601,195
Mutual fund revenues$2,861,738$3,087,959$2,973,317
Annuities revenues$5,619,122$5,986,650$5,255,335
Annuities revenues: Fixed$1,484,568$1,978,973$1,522,142
Annuities revenues: Variable$4,134,554$4,007,677$3,733,193
Annuities revenues: Other
Insurance revenue000
Insurance revenues: Life0
Insurance revenues: Disabilities0
Insurance revenues: LTC0
Insurance revenues: Other0
Alternative revenues$907,554$1,268,109$680,831
Alternative revenues: Hedge funds
Alternative revenues: Managed futures
Alternative revenues: Private placements$830,413$1,023,944$662,230
Alternative revenues: REITs$77,141$244,165$18,601
Alternative revenues: Other
Other commission revenues
Fee revenues$5,545,064$4,947,251$4,443,440
Fee revenues: Rep-managed accounts
Fee revenues: Firm-managed accounts
Fee revenues: Outside-managed accounts
Fee revenues: Other$5,545,064$4,947,251$4,443,440
Total revenues: Other$3,031,460$2,271,788$2,085,132
2020 2019 2018
Total account assets$2,844,961,177$2,716,649,465$2,230,229,452
Fee-based assets$760,266,811$644,510,843$517,242,238
Fee-based assets: Clearing firm$546,553,686$454,708,603$341,992,753
Fee-based assets: Advisory firm platforms
Fee-based assets: Third-party money managers$213,713,125$189,802,240$175,249,485
Fee-based assets: Other
Total account assets: Other$2,084,694,366$2,072,138,622$1,712,987,214
Average assets per rep$23,129,766$19,829,558$17,985,721
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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