NFP Advisor Services Group Announces Expansion of IndeSuite(SM) Platform

NEW YORK, March 7, 2012 /PRNewswire/ -- NFP Advisor Services Group today announced that Fidelity Investment's clearing and custodial services (offered through its subsidiary, National Financial Services LLC) will be fully integrated into NFP Advisor Services Group's IndeSuite platform, which is designed to seamlessly integrate advisors' commission- and fee-based business.  NFP Advisor Services Group serves financial advisors and is a business segment of National Financial Partners Corp. (NYSE: NFP), a leading provider of benefits, insurance and wealth management services.

IndeSuite is a robust wealth management platform, which provides hybrid and independent RIAs access to a broad array of business tools through a single interface.  The platform is uniquely designed to bring technology, scale and services to advisors and will now offer Fidelity's clearing and custodial services.  Benefits of the platform include:

• Seamless integration of advisors' commission- and fee-based businesses
• Tools to process new business, service accounts, manage client data and track compensation across multiple platforms and custodians
• The unique ability to produce consolidated statements that capture both advisory and brokerage accounts
• The support of a dedicated, centralized service team

"This integration represents an important milestone in NFP Advisor Services Group's commitment to serving the hybrid and independent RIA marketplace," said James Poer, President of NFP Advisor Services Group. "We are thrilled to welcome Fidelity to the platform and believe that the addition of their services can help it further strengthen the distinctive, value-added offerings IndeSuite provides to advisors on a day-to-day basis."

"Fidelity has been committed to the hybrid space for many years and deeply believes in supporting advisors' options for independence," said Sanjiv Mirchandani, President of Fidelity's clearing and custody company, National Financial Services, LLC.  "IndeSuite is a compelling solution for hybrid advisors and we look forward to being part of the platform."

About NFP
National Financial Partners Corp. (NYSE: NFP), and its benefits, insurance and wealth management businesses provide diversified advisory and brokerage services to companies and high net worth individuals, partnering with them to preserve their assets and prosper over the long term. NFP advisors provide innovative and comprehensive solutions, backed by NFP's national scale and resources. NFP operates in three business segments. The Corporate Client Group provides corporate and executive benefits, retirement plans and property and casualty insurance. The Individual Client Group includes retail and wholesale life insurance brokerage and wealth management advisory services. The Advisor Services Group serves independent financial advisors by offering broker-dealer services through NFP Securities, Inc., a subsidiary of NFP and member FINRA/SIPC, as well asset management products and services.

Most recently NFP was ranked as the eighth Top Global Insurance Broker by Best's Review; operated the fourth largest Executive Benefits Provider of nonqualified deferred compensation plans administered for recordkeeping clients as ranked by PlanSponsor; operated a top ten Independent Broker Dealer as ranked by Financial Planning and Financial Advisor; had three advisors ranked in Barron's Top 100 Independent Financial Advisors and is a leading independent life insurance distributor according to many top-tier carriers. For more information, visit www.nfp.com.

Fidelity Investments is an independent company, unaffiliated with NFP Advisor Services Group and National Financial Partners Corp.

There is no form of legal partnership, agency affiliation, or similar relationship between National Financial Partners Corp. and Fidelity Investments, nor is such a relationship created or implied by the information herein. Fidelity Investments has not been involved with the preparation of the content supplied by National Financial Partners Corp. and does not guarantee or assume any responsibility for its content.

SOURCE NFP Advisor Services Group