Jenkintown, PA – Alden Investment Group and BancList, the nation’s leading shareholder listing and communications service for privately-held banks, have established a strategic sales and marketing alliance called SmartShare.

Access to Alden’s national sales network will let BancList market its shareholder listing platform to a broader audience. BancList lets issuers of non-registered securities safely and efficiently conduct securities transactions. In addition to community banks, target groups include investment banks with clients who own privately-held securities, as well as REITs and limited partnerships.

Peter Scully, president of BancList, said the goal of SmartShare is to give banks, public and private companies, including start-ups, a more extensive offering of shareholder services at competitive prices using shared resources such as marketing and customer support.

Alden and BancList offer a number of services that community banks and other issuers of non- registered securities want and need to be competitive and maintain compliance with state and federal regulations. Some of the offerings include:

  • customized, transparent stock listing platform
  • communications platform to keep shareholders up to date on important events
  • transfer agency services
  • exchange services for banks and organizations involved in mergers and acquisitions
  • virtual board and shareholder meetings
  • M&A advisory services*

Alden and BancList, two established leaders in their respective fields, said the formation of SmartShare makes perfect sense. “Accessing Alden’s national sales network gives BancList the opportunity to increase market share while introducing Alden’s portfolio of clients new services, ” stated Peter Scully.

Lee Calfo, Alden’s CEO, said “SmartShare represents a much-needed solution to the challenges that private companies face in helping shareholders exchange their shares for the best price in compliance with SEC regulations. The SmartShare solution is very cost effective for companies and has a simple easy to use, elegant design for shareholders.”

Alden and BancList maintain offices in Atlanta, Nashville and Overland Park, KS.

*M&A services offered through Alden’s network of trusted legal, accounting and investment advisors.

About Alden Investment Group

Founded in 1995, Alden Investment Group is an independent firm with a full-service broker/dealer and registered investment adviser. The firm offers a large and diverse menu of services including individual account management, institutional research, investment banking, private placement offerings, wholesaling services, retirement plans, equity trading, fixed income trading, and options trading, among other broker/dealer and RIA capabilities. The firm has 57 advisors spread across 14 districts and states, including most recently Puerto Rico. The firm has the ability to work with advisors who wish to be fully-integrated to an RIA and broker/dealer, or in a hybrid format accessing only the entities they require. The firm offers a robust platform for its advisors built around competitive payouts, with access to unique investment products and a best-in-class compliance program.

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