Furthermore, NPH continued to attract new advisers during the second quarter, bringing the total number of financial professionals affiliated with the network's four independent firms to an all-time high of 3,535. The growth in representative count represents a 2.3-percent increase over the prior quarter.

"We are experiencing a period of historic change in the financial services industry. The regulatory environment is evolving, clients' needs are gaining complexity and running a successful financial planning practice involves a host of new challenges," said Jim Livingston, president and CEO of National Planning Holdings. "Given this new environment, advisers have come to expect more from their broker-dealers. NPH has always focused on providing a level of support that exceeds our representatives' expectations and sets a new standard in the broker-dealer industry. As more advisers gravitate to the network, we will continue our efforts to deliver timely and innovative solutions that have a meaningful impact on their businesses."

  NPH Second Quarter 2009 Results -- Quarter-Over-QuarterComparison:                                                                                        Q2 2009          Q1 2009          % Increase vs. Q1 2009   Sales       $3,472,888,751   $3,423,854,309   1.4%                     Revenue     $148,452,307     $136,041,062     9.1%                     # of Reps   3,535            3,456            2.3%                      -------------------------------------------------------------------------------  

NPH's first-half sales and revenue fell 6.9 percent and 10.8 percent, respectively, from the same period a year ago. However, the network has added more than 500 new advisers since the first half of 2008, expanding its representative base by nearly 17 percent.

  NPH Half-Year 2009Results -- Year-Over-Year Comparison:                                                                                                   HY 2009          HY 2008          % Increase vs.