Investment Centers of America Inc.

Investment Centers of America Inc.

A subsidiary of National Planning Holdings Inc.

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3231 Greensboro Drive, Suite 200

Bismarck, ND 58503

(800) 544-7113

joinica.com

Year founded: 1985

Year end: Dec. 31

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

CEOJim Komoszewski
Recruiting ContactJJ Hudock
701.426.1359
E-mail
Compliance ContactDavid Loasby
(920) 996-2655
E-mail
Marketing ContactJillian Lagasse
800-605-4338
E-mail
Technology Operations ContactMyles Womack
(615) 854-0920
E-mail

Recruitment & Staffing

2018 2017 2016
No. of reps401
No. of producing reps355
No. of reps producing $100K-$499K /year184
2018 2017 2016
Total revenues$113,429,000
Commission revenues$67,598,000
Fee revenues$36,212,000
Total revenues: Other$9,619,000
2018 2017 2016
Total account assets$15,911,930,000
Fee-based assets$4,110,815,000
Total account assets: Other$11,801,115,000
Average assets per rep$39,680,623
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedFacebook
LinkedIn
Twitter
Dedicated mobile application for advisers?N
Primary purpose of mobile application

LPL wraps up NPH adviser move, declines to say whether it reached revenue goal

February 26, 2018 - LPL Financial said Monday it had wrapped up its acquisition of advisers from National Planning Holdings, but declined to say whether it had reached its goal of moving over 70% of the revenue generated by the network's advisers. Last August, LPL announced...

LPL says it's on track to recruit 70% of National Planning Holdings revenue

November 8, 2017 - A number of large teams in the National Planning Holdings adviser network have moved to rivals, but LPL Financial assured investors that in the initial phase of moving advisers from two of NPH's broker-dealers, it is on track to transfer 70% of adviser...

LPL watching $100 million in NPH production move to rivals, executives say

October 23, 2017 - Three key rivals of LPL Financial are scooping up advisers affiliated with the National Planning Holdings broker-dealers who annually generate $100 million in fees and revenues, known as gross dealer concession or GDC in the industry, according to industry...

LPL retains $2 billion firm affiliated with NPC

October 19, 2017 - Trilogy Financial, with over $2 billion in client assets one of the largest financial planning firms affiliated with National Planning Corp., said on Thursday afternoon it was joining LPL Financial. LPL in mid-August said it acquired the assets of National...

Dan Arnold's big gamble at LPL Financial

October 7, 2017 - DAN ARNOLD, THE NEW CEO of LPL Financial Holdings Inc., is making bold moves to increase profitability at the nation's largest independent broker-dealer, and while he's pleasing Wall Street, some LPL affiliates and advisers are questioning how they fit...

Is LPL's deal sweet enough for NPH's 3,200 reps and advisers?

August 16, 2017 - LPL Financial's deal to acquire the National Planning Holdings Inc. broker-dealer network was embraced by Wall Street on Wednesday, but the 3,200 NPH registered reps and advisers who manage $120 billion in client assets must evaluate the deal on their...

LPL Financial buys NPH, a broker-dealer network with 3,200 advisers

August 15, 2017 - After weeks of speculation, LPL Financial said on Tuesday it had completed the purchase of National Planning Holdings Inc., an independent broker-dealer network with 3,200 advisers. The deal is structured as an asset purchase with an initial price of...

    Notes
  • 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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