ALPS is a comprehensive financial services company offering a variety of services to the investment management industry. With over 25 years of experience, we have developed a strong track record of innovation in the asset management, asset servicing and asset gathering business. ALPS entered the ETF market as one of the first service providers in 1995 and has since grown to become the 4th largest distributor of ETFs in the US. In 2007, we expanded our capabilities as an asset manager, specializing in satellite and alternative investment strategies that are designed to help advisors and Institutional Investors build better portfolios.
Our approach involves asset class and manager evaluation, seeking to partner with best-in-class index providers and sub-advisors to deliver portfolio solutions that help improve diversification and provide exposure to attractive investment themes. By utilizing Exchange-Traded Funds (ETFs) and Open-End Mutual Funds, we are able to provide asset class exposure that is registered, liquid and transparent.
ALPS offers innovative investment solutions that help advisors and investors build better portfolios. Through both our alternative investment products and access to specialty asset managers we strive to deliver portfolio solutions that allow investors to diversify their core holdings and obtain exposure to attractive investment themes. Our exposure to alternatives and specialty managers is achieved primarily through exchange-traded funds, exchange-traded products, closed-end funds and open-end funds so that we can provide access that is registered, liquid and fully transparent.
Ned joined ALPS in 1991 as National Sales Manager. In that capacity, he was responsible for building wholesaling and marketing programs for clients' mutual funds as well as overseeing new business development for ALPS. In 1996, he was promoted to Executive Vice President and elected to the Board of Directors of ALPS. In 2000, he was promoted to President of ALPS. Before joining ALPS in 1991, Ned was a Regional Vice President for the Pioneer Funds in Boston. He was responsible for wholesaling the Pioneer Funds and retirement plans, and achieved top producer status in several categories. He began his mutual fund career in 1984 with Fidelity and has a B.A. in Economics from the University of New Hampshire.
Since joining ALPS in 1994, Tom Carter, President of ALPS Distributors and ALPS Advisors, Inc., has been an integral part in the success of the ETF, Closed-End Funds, and Active Distribution Services for ALPS. In 1995, he formed the core servicing ETF platform. In addition, Tom is responsible for the Closed-End and Active Distribution business ALPS entered in 2003. Before joining ALPS in 1994, Tom was with Deloitte & Touche LLP, where he worked with a diverse group of clients, primarily within the financial services industry. Tom is a Certified Public Accountant and received his Bachelor of Science in Accounting from the University of Colorado at Boulder.