Executives from sponsors, broker dealers, financial advisors, RIAs, and affiliate firms are in attendance and look to benefit from an eventful conference. REISA’s Spring Symposium drew record attendance with over 600 individuals and close to 200 broker dealers and RIA’s.
The diverse crowd of attendees, excited by the prospects of a fruitful 2014, made the voyage to San Diego in hopes of learning something new, gaining clarity on certain regulatory topics, and the ability to talk and network amongst industry leaders.
“Hearing that buzz in the hallway” is exciting according to Keith Lampi, Chief Financial Officer of Inland Private Capital Corporation. He counts on REISA’s conferences to deliver educational opportunities from sessions on key topics such as the jobs act and regulatory updates. As a sponsor, Lampi says that these events allow him to learn more about Inland’s end users; not just the broker dealers and financial advisors, but also the investors.
Kelly Rodriques, President and CEO of Pensco Trust Company (Pensco), has been attending REISA’s conferences for several years. He looks forward to educating broker dealers and advisors on the concept of investing in alternatives with IRA assets. Despite Pensco being a custodian to over $11 billion in assets from 50,000 investors, Rodriques says that many in the industry are unaware this investing option exists. To educate members on this topic, he participated in a panel discussion titled “Products, Providers and Custodians that Support Alternative Investments.”
The spring symposium offers the chance to see friends in the industry and network with prospective partners according to Jacob Frydman, Chairman and CEO of United Realty Trust (URT), a non-traded REIT. Frydman’s team hopes to generate interest in their current offering; URT, dubbed the dual strategy REIT, is unique in that no later than January 15, 2015 it will provide a daily NAV price per share and offer daily redemptions at 95% of the NAV.
“What’s great about this conference is that there’s a focus on education, “says Barbara Halper, Principal and CEO of FactRight. Halper says REISA’s Spring Symposium delivers the right information to help its members conduct better business.
Sunday evening included a broker dealer due diligence panel featuring five industry leaders from varying firms discussing topics such as opportunities, challenges, technology, the future of alternatives, and education to name a few. Mark Kosanke, President of REISA, was moderator.
Look for more REISA coverage throughout the week!