| Business Summary | | ND
Holdings,
Inc
is
a
holding
company
primarily
engaged,
through
various
subsidiaries,
in
providing
investment
management,
distribution,
shareholder
services,
fund
accounting
and
other
related
administrative
services
to
the
open-end
investment
companies,
known
as
Integrity
Mutual
Funds
and
Ranson
Managed
Portfolios.
The
Company
also
sells
mutual
funds
and
insurance
products
through
another
wholly
owned
subsidiary,
ARM
Securities
Corporation.
The
Company
has
also
become
involved
as
an
Internet
provider
with
a
majority
ownership
in
Magic
Internet
Services,
Inc.
The
Company
continues
to
review
acquisition
opportunities
in
other
industries
involving
management
services
and
information
processing. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ND
Holdings,
Inc.
is
principally
engaged
in
providing
investment
management,
distribution,
shareholder
services,
fund
accounting
and
other
related
administrative
services
to
open-end
investment
companies.
For
the
six
months
ended
6/30/01,
total
revenues
rose
36%
to
$4.2
million.
Net
loss
totaled
$113
thousand
vs.
an
income
of
$36
thousand.
Results
reflect
increased
commission
income
due
to
the
acquisition
of
ARM
Securities,
offset
by
higher
compensation
and
commission
cost. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Walstad, 56 Chairman,
Pres, CEO | $128K | Peter Quist, 67 VP | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|