Alma Piscitello Joins Northern Lights Distributors As Senior VP Of Strategic Relationships

Distribution Relationship Specialist Will Help Enhance Client Experience Across NorthStar Financial Services Group

News provided by

Oct 14, 2014, 09:08 ET

OMAHA, Neb., Oct. 14, 2014 /PRNewswire/ -- Northern Lights Distributors, LLC (NLD), a broker-dealer specializing in providing comprehensive, adviser-driven solutions for fund distribution services, has appointed Alma Piscitello as Senior Vice President of Strategic Relationships. In her new role, Ms. Piscitello will lead NLD's key accounts team, which develops and manages sales and marketing distribution plans and relationships for more than 100 investment advisers representing over 300 mutual fund strategies.

Ms. Piscitello is based in Hauppauge, N.Y., and will focus on enhancing the client experience across NLD and its sister companies within NorthStar Financial Services Group, LLC. In addition to creating and growing distribution relationships, she specializes in streamlining multi-matrix organizations so their different teams can work more closely to deliver holistic solutions to clients.

"We are always seeking new ways to optimize the distribution and sales support we provide to investment advisers," said Brian Nielsen, Chief Executive Officer of NLD. "Alma's expertise and experience related to managing distribution relationships will help us and our colleagues across the NorthStar companies uncover more opportunities for advisers to grow their funds."

Prior to joining NLD, Ms. Piscitello served as Vice President and Director of Partner Development at Morgan Stanley Smith Barney, LLC for eight years. During her tenure at Morgan Stanley, Ms. Piscitello oversaw a team of relationship managers responsible for over 350 asset manager relationships with mutual funds, separately managed accounts and exchange-traded funds. Earlier in her career, she was Vice President and Institutional Investment Director in the retail high-net-worth national sales division at Citigroup Asset Management (purchased by Legg Mason, Inc. in 2005), where she worked for nine years.

"With the ongoing evolution of the regulatory and investment landscapes, the demand from smaller investment advisers for targeted distribution and marketing plans—along with a variety of other services to launch funds and grow their assets—continues to increase," said Ms. Piscitello. "I look forward to working with Northern Lights Distributors and other members of the NorthStar family to offer a one-stop shop empowering advisers to devote more time to growing and managing their assets."

About Northern Lights Distributors, LLC, Member FINRA/SIPC
Northern Lights Distributors, LLC (NLD) is a broker-dealer specializing in providing comprehensive, adviser-driven fund distribution solutions. Driven by its mission to help advisers navigate the distribution universe, NLD serves as an engaged partner empowering over 100 investment advisers to focus their time on active fund distribution. NLD's primary distribution services include: connecting funds with local broker-dealers to develop marketing and product opportunities, processing 12b-1 payments, facilitating NSCC trading and administering advertising review and submission with the Financial Industry Regulatory Authority Inc. (FINRA).

Treating each relationship uniquely, NLD works side by side with investment advisers to grow assets in their funds by offering sales and distribution support and assisting in defining and implementing marketing and distribution plans. Through key accounts managers, NLD connects funds with broker-dealers to uncover distribution opportunities and develop working relationships with their representatives. For more information, visit www.nldistributors.com.

2403-NLD-10/7/2014