JEFF MONTGOMERY, FORMER CEO OF NFP SECURITIES and NEW CEO OF AL FRANK ASSET MANAGEMENT

LAGUNA BEACH, CA - Jeff A. Montgomery, (41), will be joining Al Frank Asset Management as CEO effective May 1, 2008. He was formerly CEO of National Financial Partners Securities, Inc. and EVP and COO of NFP Insurance Services. NFP Corp. (NYSE: NFP) is the nation’s largest network of independent financial advisors.

Founded in 1977, Al Frank Asset Management, Inc. is an independent, registered investment advisor with over $700 million in assets under management (as of April 17, 2008), distributed among separately managed accounts and two proprietary mutual funds. Al Frank’s value-oriented investment philosophy, based on the core tenets of selection, diversification and patience, is designed to meet the long-term investment goals of individuals, institutions, family offices and retirement plans.

As CEO of Al Frank Asset Management, Montgomery will be responsible for strategy, operations and sales.

“We are excited to have Jeff join us at Al Frank,” states John Buckingham, Chief Investment Officer. “Over the years, he has been a driving force behind NFP’s remarkable growth. We are confident he will enhance our operations and help bring the Al Frank brand to our target market – investors who appreciate a long-term, eclectic value investing approach.”

Commenting on his new position, Montgomery notes that, “Al Frank has a 30-year history of delivering consistent service and value to its clients. Al Frank Asset Management is a diamond in the rough with a unique and credible approach that has broad marketplace opportunities.”

Montgomery’s Background

At NFP, Montgomery was responsible for growing one of the nation’s largest full service independent broker-dealers and registered investment advisors. He brings over a decade of CEO experience to Al Frank. Prior to taking over NFP Securities in 2001, he was CEO of Washington Square Securities, Inc., an ING broker-dealer, where he oversaw more than 2500 financial planners and was charged with leading all strategy, recruiting, technology and operations. Previously, Montgomery was General Counsel at PrimeVest Financial Services, Inc., an ING broker-dealer.

Montgomery earned a bachelor’s degree in finance with honors from the University of St. Thomas in St. Paul, Minnesota, and a Juris Doctor degree from the University of Oregon School of Law. Montgomery is also a Securities Industry Association Institute graduate from the Wharton School of Business. He was a course instructor for the MBA Program at the University of St. Thomas from 1998 to 2000, and is currently an adjunct professor with the MBA Program at St. Edwards University in Austin, Texas.