Press Release - Jan 26, 2006

PRESS RELEASE - January 26, 2006

For Release January 26, 2006 - Burbank, California

NPB Financial Group, LLC
is pleased to announce its formation as a broker-dealer and member of the FINRA, MSRB and SIPC.  In addition to California, the company will conduct a retail securities business in Arizona, Colorado, and Nevada.  The Company will also be licensed as an SEC registered investment advisor and a life insurance agency.   Products and services offered to the public will include mutual funds, stocks and bonds, variable insurance and real estate securities.

Neal E. Nakagiri
, 51, President and Chief Executive Officer, has been in the securities business since 1976, when he joined the Los Angeles FINRA district office staff.

In 1980, Mr. Nakagiri became Vice President and Compliance Director of Wagenseller & Durst, Inc. a regional NYSE member firm.

In 1983, Mr. Nakagiri was appointed First Vice President and Compliance Director of Jefferies & Company, Inc., which at the time was the largest third market firm in the country.

In 1984, Mr. Nakagiri joined Morgan Olmstead Kennedy & Gardner as its Compliance Director.

In 1985, Mr. Nakagiri joined Associated Securities Corp. ("ASC") as its Compliance Officer, promoted to General Counsel, Corporate Secretary, Chief Operating Officer, and was appointed President and Chief Executive Officer in February, 2000.

Since leaving ASC at the end of 2004, Mr. Nakagiri has functioned as a business consultant, a lawyer, and a member of the board of directors of Meredith Enterprises, Inc., a REIT formerly listed on the American Stock Exchange.

Mr. Nakagiri is a former member of the FINRA Los Angeles District Committee, (2001-2003) and a current member of the FINRA National Adjudicatory Council, (2004-2006).  He will be Vice Chair of the NAC in 2006.

Mr. Nakagiri is a current member of the State Bar of California.  His JD degree is from Loyola Law School of Los Angeles, (1991), and his BA Economics degree is from UCLA (1976).

Shirley J. Coria
, 49, Vice President and Chief Administrative Officer, started her securities industry career in 1981 as an administrative assistant in the Los Angeles FINRA district office.  In 1983, she joined Associated Securities Corp. as a member of the administrative staff, and rose to the role of Senior Vice President in charge of human resources and registration and licensing.  She was responsible for reviewing and maintaining the registration and licensing process for securities, insurance and investment advisory business.

Ms. Coria is also a consultant for The Citadel Group, LLC, specializing in human resources matters. 
Ms. Coria holds a Masters Degree in Human Resource Design from the Claremont Colleges, and a BA degree from California State University, Los Angeles.

Gary K. Ching
, 42, Vice President and Chief Financial Officer, joined the operations staff of Associated Securities Corp. in 1987, and was most recently a Vice President in charge of developing investment advisor products and services, and maintaining the operational capabilities to increase assets under management. Mr. Ching earned a Bachelor of Business Administration in Finance degree from the University of Hawaii in 1986.

Allen M. Simmer
, 53, Chief Information Officer, will provide information technology services to the Company.  Mr. Simmer has his own firm, ASC Brokersoft, which offers information technology expertise to the securities industry.

The Company will be owned by its management staff and certain registered principals.  The Company’s main office is located at 3500 W. Olive Avenue, Suite #300, Burbank, California 91505.  The phone number is 818-827-7132.

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