Altigo Signs Tenth Broker-Dealer Partnership
Altigo, an electronic order entry and subscription processing platform for alternative investments, has now hit double digits in its expansion of broker-dealer partnerships. Firms including Benchmark Investments, Coastal Equities, Great Point Capital, Lightpath Securities and more recently Emerson Equity, Kingswood and Aurora Securities have chosen Altigo to digitally manage their alternative investments business. Firms using the platform have seen how Altigo’s intuitive workflow facilitates order entry by integrating home office and custodial forms and providing access to all firm-approved offerings in one online portal, increasing both rep productivity and compliance control. “I cannot emphasize enough how much Altigo has simplified the purchase application process. If a client is investing in 4 different products, the first purchase agreement can be completed in 10 minutes instead of 30, with subsequent ones in even less time,” said Frank Piscitelli, a registered representative at Archer Investors with Lightpath Securities. “The auto-populating features significantly reduce NIGOs. The time saved provides more time to reach out to present and future clients.” 70% of subscriptions are submitted for acceptance by the sponsor the same day, and every step of the process is trackable in real time. Additionally, reps and compliance officers have peace of mind knowing that Altigo has completed a SOC 2, Type II audit, demonstrating the platform’s commitment to data security. Several firms initially signed up for a pilot program to determine the effectiveness of using Altigo to process their alternative investment business. The program has been a resounding success, concluding with a decision to move forward with a firm-wide rollout to all registered reps. “Altigo has demonstrated its ability to make our processes more efficient, making it so much easier to review and approve investments,” said John Neppel, Principal at Great Point Capital. “Implementation of the platform went smoothly and we were thrilled with the speed that new firm-approved offerings were set up. We are eager to roll the platform out to our entire rep base to fully realize Altigo’s potential for our firm.” Altigo’s growth is poised to continue throughout 2021 with even more features being added. Redtail integration has recently been added, which helps speed up the data entry process for reps and advisors by populating data directly from their CRM. AI Insight integration is also slated for release later this month which will help ensure rep training is complete if it is required by the firm before the package is sent for signature. The remainder of the year will see integrations with additional CRM platforms, custodians, clearing firms, transfer agents and fund admins as well as more product discovery and comparison features in Altigo Marketplace.
Lori Kamen to join Aurora Securities
Aurora Securities, Inc. and Secure Asset Management, LLC announce the hiring of Lori Kamen. Kamen recently joined Aurora Securities, Inc. to serve as the President and Chief Compliance Officer of the broker-dealer. Ms. Kamen is also serving as an investment advisor representative (“IAR”) of Secure Asset Management, LLC, a registered investment advisor. In this role, Ms. Kamen will be responsible for overseeing and managing regulatory compliance across the businesses.
Ms. Kamen has served in a variety of compliance and officer roles at various broker-dealers and investment advisers since 1997 with firms such as CNL Financial, Pershing/BNY Mellon and Foreside. Ms. Kamen grew up in Westport, Connecticut and attended Ithaca College in upstate New York. She graduated with a bachelor’s degree in Politics and a minor in Interpersonal Communications. Ms. Kamen holds Series 4, 7, 24, 53, 63 and 66 licenses.
“Ms. Kamen brings an extraordinary level of experience and insight that is vital to Aurora Securities future growth, helping us gain even greater traction into new markets, expanding our product offerings and strengthening our compliance framework as we navigate the ever-changing business and regulatory landscapes, said Bryan Spencer, President and CEO.” “Ms. Kamen has done a tremendous job in her previous roles and we will benefit from her sound judgment and ability to identify and resolve complex issues in this dynamic environment.”
Brian Dudley to join Secure Asset Management & Aurora Securities
Aurora Securities, Inc. and Secure Asset Management, LLC announce the hiring of Brian Dudley, as Senior Vice President of Business Development.
Dudley is responsible for new business development and cultivating relationships across all segments of the Secure family of companies. Dudley brings over 20 years of diverse background and sales experience spending the majority of his career at TD Ameritrade as Vice President of Institutional Sales. While at TD Ameritrade, he was a top sales performer earning Sales Person of the Year eight out of his fifteen years in a sales role. Dudley has a proven track record of helping advisors build their practices by evaluating, consulting, and cultivating financial producer’s center of excellence contributing to new client growth as well as identifying opportunities with existing clients.
“During his tenure at TD Ameritrade, Brian has proven to be an adept sales leader, as well as an advocate of financial professionals to help grow their businesses. We are thrilled to have Brian join the team with our Secure suite of solutions for financial professionals,” said Secure Asset Management CEO Bryan Spencer. “Brian’s experience and knowledge will be critical as we expand our brand, solve for industry challenges and trends and continue our growth trajectory.”