Lynn Niedermeier Retires as President & CEO of INVEST Financial

INVEST Financial Corporation® (INVEST) today announced that Lynn Niedermeier has decided to retire and will resign her position as president and CEO of the firm. Ms. Niedermeier has served as INVEST’s president and CEO since 2001.

“I am fortunate to have worked with a talented group of individuals who shared my vision for INVEST and helped build an innovative company that is a leader in the industry,” said Niedermeier. “My decision to retire was a difficult one to make, but I feel it is necessary to focus my energy on certain personal issues at this time. NPH and Jackson have always been thoroughly supportive of me, my management team and the firm’s independent culture. I am leaving the company and our reps in extremely capable hands, and I am confident that INVEST will continue to thrive.”

Jim Livingston, president of the National Planning Holdings, Inc. (NPH) broker-dealer network, which includes INVEST Financial, will assume Ms. Niedermeier’s responsibilities on an interim basis. Mr. Livingston, who is based in Denver, will spend time at INVEST’s Tampa, Fla. headquarters, where he will work with the firm’s management team, including Ms. Niedermeier, to ensure a smooth transition.

“I appreciate and fully embrace the value proposition and culture that Lynn has created at INVEST, and I am committed to maintaining and building upon this strong foundation,” said Livingston. “Lynn managed the firm with a hands-on dedication to its success. She is an outstanding leader who has done an exceptional job not only of growing INVEST, but also furthering the success of the entire NPH network. While I sincerely regret the fact that she will be leaving us, I respect and support her decision and wish her all the best in retirement.”

About INVEST Financial Corporation

INVEST Financial Corporation (www.investfinancial.com), a subsidiary of the National Planning Holdings, Inc.® (NPH®) independent broker-dealer network, is a full-service broker-dealer based in Tampa, Fla. NPH is an affiliate of Jackson National Life Insurance Company® (Jackson®, www.jackson.com), one of the largest life insurance companies in the United States.

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 3,456 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.

Securities, related services, and insurance products offered through INVEST Financial Corporation, member FINRA, SIPC, a Registered Broker-Dealer and Registered Investment Advisor, and its affiliated insurance agencies, are not FDIC or NCUA insured; are not deposits of, obligations of, or guaranteed by any bank or credit union; and, are subject to investment risk, including the possible loss of principal amount invested.

Contacts:

Andrew Silver
303.224.7542
800.565.9044 (ext. 2425)
andrew.silver@jnli.com

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