DENVER, CO / ACCESSWIRE / April 20, 2023 / Paralel Distributors is proud to announce the official launch of its Medallion Distribution Services for mutual funds and exchange-traded funds (ETFs).

Paralel Distributors was established by trade veterans within the registered fund distribution house. Prior to founding Paralel, Jeremy May spent 24 years main one of many trade’s largest third-party distributors. “There hasn’t been anything new happening in the world of investment company underwriting and medallion distribution services in quite a while. We found that by assembling a team of elite industry veterans, giving them a blank sheet of paper, and then building an insight platform using the latest technology, you can change the entire value proposition for your clients,” stated May.

Bradley Swenson joined Paralel Distributors in 2022, after spending 17 years serving on the chief workforce with May at their prior agency. “We’ve not only built out the traditional statutory distribution services like advertising review, registered representative administration, and intermediary payments and due diligence, but are delivering those services in a new way that provides unique insight and transparency using our proprietary technology,” stated Swenson. “When coupled with Paralel’s high touch service culture and deep industry experience, we have created an elevated standard of service to offer new and existing registered fund issuers.”

The registered fund distribution panorama is rising more and more advanced and is usually a problem for brand new entrants to barter. “Whether an issuer is launching a new product or expanding into other channels of distribution, we know every marketing strategy is unique and may require a custom-tailored approach. Through our expansive intermediary relationships and supporting services, Paralel is well positioned to help firms successfully navigate mutual fund and ETF distribution,” stated Swenson.

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About Paralel Distributors LLC

Paralel Distributors LLC is registered with the United States Securities and Exchange Commission as a broker-dealer and a member of the Financial Industry Regulatory Authority. Paralel serves as principal underwriter and distributor to funding corporations together with, however not restricted to, mutual funds and ETFs.

Paralel Distributors LLC is majority owned by Paralel Technologies LLC; a FinTech agency redefining the connection between asset managers and their again workplace. The service mixture creates a full-service fund administration, switch agent and distribution answer.

For extra updates, see Paralel’s web site or observe on LinkedIn
https://www.paralel.com/
https://www.linkedin.com/company/paralel-technologies/

For Media Inquiries Please Contact

Alyssa Boccia
Alyssa@paralel.com
(303) 226-4151

SOURCE: Paralel Distributors LLC

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https://www.accesswire.com/750418/Paralel-Distributors-Brings-New-Technology-and-Deep-Industry-Experience-to-Fund-Distribution