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May 23, 2015 11:20 AM ET

Capital Markets

Company Overview of Northern Lights Distributors, LLC

Company Overview

Northern Lights Distributors, LLC operates as a subsidiary of NorthStar Financial Services Group, LLC.

17605 Wright Street

Omaha, NE 68130

United States





Key Executives for Northern Lights Distributors, LLC

Chief Executive Officer
Age: 42
Senior Vice President of Strategic Relationships
Sales and Distribution Manager
Compensation as of Fiscal Year 2014.

Northern Lights Distributors, LLC Key Developments

Alma Piscitello Joins Northern Lights Distributors, LLC as Senior Vice President of Strategic Relationships

Northern Lights Distributors, LLC (NLD) 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. Prior to joining NLD, Ms. Piscitello served as Vice President and Director of Partner Development at Morgan Stanley Smith Barney, LLC for eight years.

Northern Lights Distributors LLC Collaborates with NorthStar Financial Services Group Group, LLC to Distribute Texas 529 College Savings Plans

Northern Lights Distributors, LLC (NLD) is collaborating with NorthStar Financial Services Group, LLC (NorthStar), in an agreement with the Texas Prepaid Higher Education Tuition Board to distribute three of the four Texas 529 college savings plans-- the prepaid Texas Tuition Promise Fund(R), the direct-sold Texas College Savings Plan(R), and the adviser-sold LoneStar 529 Plan(R). NLD's sales and distribution consultants are applying their knowledge to enable these qualified tuition plans, which provide tax-advantaged, flexible and low-maintenance ways for individuals to save for higher-education expenses, to attempt to raise assets more efficiently and grow in a scalable manner. In addition to defining and implementing distribution and marketing plans for the investment vehicles the sales and distribution teams will advocate for the plans broker-dealers to facilitate selling agreements and identify receptive audiences of new investors.

Northern Lights Distributors, LLC Launches Educational Series on Mutual Fund Distribution for Advisors

Northern Lights Distributors, LLC announced the upcoming launch of an educational series to provide advisors with information detailing each step of the mutual fund distribution process. NLD explains the four components of mutual fund distribution -- Sales, Key Accounts, Portfolio & Executive Management and Marketing & Public Relations -- in the first educational report in its series, which also includes videos and other multimedia materials. The Sales team consists of external and internal wholesalers who engage in bottom-up distribution. NLD supports Sales teams with licensing and contact lists for external parties. The Key Accounts team is composed of key accounts managers who facilitate top-down distribution by forging relationships with home office representatives. NLD has its own key accounts managers who assist with the distribution process by initiating broker-dealer introductions.

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