National Planning Holdings – which includes four independent broker-dealers with about 3,400 advisors – says it hired Joseph "Jay" Vinson to serve as its national sales manager. Vinson used to head up business development for Cetera Advisors, a broker-dealer within the Cetera Financial Group.
NPH, which includes Invest Financial, Investment Centers of America (ICA), National Planning Corporation (NPC) and SII Investments (SII), also has tapped Tim Munsie to lead its advisory platform strategy. Munsie was previously with the Infinex Financial Group, where he led its advisory business and served as a portfolio manager for its proprietary investment models.
(The group is an affiliate of Jackson National Life, and both businesses are owned by Prudential PLC of the United Kingdom.)
"We are very pleased to announce these two new senior-level hires at the NPH network level," said President & CEO Scott Romine, in a statement. "The recruitment of these two industry veterans is part of our broader initiative to prepare for the implementation of the new DOL fiduciary rule, as well as our ongoing strategy to provide our affiliated independent advisors and financial institutions with the highest quality resources and support that they need to succeed."
Both of the new executives will be based in Denver.
