Company Profile For National Financial Partners Corp

National Financial Partners Corp (NFP.N) (New York Stock Exchange)
sector: Financials · industry: Investment Services ·
As of  27 Nov 2009
8.40USD
Price Change
-0.32
Percent Change
-3.67%
 
 
Research a stock:   symbol lookup

Overview

National Financial Partners Corp. (NFP) is an independent distributor of financial services products primarily to high net worth individuals and companies. NFP operates a national distribution network with over 175 owned firms. The Company targets the high net worth and growing entrepreneurial corporate markets. The Company operates as a bridge between large financial services products manufacturers and its network of independent financial services distributors. NFP also provides financial and intellectual capital. The Company’s firms, including NFP Securities, Inc. (NFPSI), its principal broker-dealer subsidiary, serves its client base, both directly and indirectly, by providing products and services in one or more of the primary areas, including life insurance and wealth transfer, corporate and executive benefits, and financial planning and investment advisory services.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, National Financial Partners Corp.'s revenues decreased 21% to $671.1M. Net loss totaled $495.2M vs. an income of $20.9M. Revenues reflect a decrease in service revenue. Net loss reflects an increase in depreciation expenses, higher impairment of goodwill & intangible assets, a fall in gross margin, the presence of loss from operations vs. an income and decreased gain on sale of subsidiaries.

Company Address

National Financial Partners Corp
340 Madison Avenue
19th Floor
New York   NY   10173
P: +1212.3014083
F: +1212.3014183

Total Employees

3383

Find Out More About NFP.N

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives
advertisement