Main Street Securities L.L.C. has picked National Planning Corp. Inc. to provide broker-dealer support services and securities investment products.
Main Street, Hays, Kan., has 65 registered representatives in 30 offices around the United States, and it manages about $750 million in assets.
The Main Street reps will join National Planning, and Main Street will discontinue its broker-dealer operations, according to National Planning, Santa Monica, Calif.
National Planning is a unit of Jackson National Life Insurance Company, Lansing, Mich., which is, in turn, a unit of Prudential P.L.C., London.