Leadership Appointments

Alto strengthens leadership team with two key appointments

Alto announces the appointment of Scott Harrigan as President of Alto and Beth Bellon as Senior Vice President of Operations

NASHVILLE, TN / ACCESSWIRE / April 2, 2024 / Alto, an alternative asset platform that enables individuals to invest in alternative assets using both retirement and non-retirement funds, today announced the appointment of Scott Harrigan as President of Alto and Beth Bellon as Senior Vice President of Operations.

Harrigan was first hired in 2023 as CEO of Alto Securities, LLC a role he will continue in tandem with his new responsibilities as President of Alto Securities' parent company. Before joining Alto, he was the CEO of Securitize Markets, where he launched a leading capital raising platform and Alternative Trading System (ATS) in the digital asset security industry. His primary focus was providing investors access to alternative investments and providing issuers with an all-in-one digital solution to raise capital and offer shareholder liquidity. His initial exposure to private markets came from his time at Carta, where he was CEO of Carta Securities and head of the enterprise client segment. Harrigan also held executive roles at Merrill Lynch and Computershare.

With more than two decades of experience, Bellon brings her distinguished background in operational enablement for growing organizations to Alto. Her responsibilities have covered areas including sales management, technical business infrastructure management as well as sales, marketing and customer success operations. Most recently, she was Vice President of Operations at Panopto, Inc., where she helped to grow the company from pre-revenue to being a market leader. Bellon also provides start-up advisory services to underrepresented founders through Hatchet Ventures, a Seattle-based venture capital firm.

"We are thrilled to announce the appointment of these two talented individuals," said Eric Satz, CEO and Founder of Alto. "With Scott now embracing a holistic approach to Alto's mission of democratizing access to alternatives and Beth's expertise in strategic operations, we are poised to accelerate growth and strengthen our position as a leader in the alternative assets sector. Their contributions will be vital in achieving Alto's lofty goals in 2024 and beyond."

The newly appointed executives will play a crucial role in driving Alto's growth and establishing its leadership in the alternative assets sector. Their expertise will support innovative business strategies, especially in Alto's Marketplace, where the company aims to strengthen partnerships with various alternative asset providers. This aligns with Alto's mission to increase access to alternative assets for everyone. With the alternative asset market experiencing unprecedented growth, global alternative assets under management (AUM) are expected to reach $24.5 trillion by the end of 2028. These strategic leadership changes position Alto perfectly to not only expand its market footprint but also to seize upon the abundant and rapidly evolving business prospects that lie ahead.

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Alto Contact

Sarah Weaver
Caliber Corporate Advisers
alto@calibercorporateadvisers.com

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About Alto
Alto's self-directed IRA platform enables investors to diversify their retirement portfolios with alternative assets like private equity, venture capital, cryptocurrency, real estate, and more. Alto acts as the IRA custodian for over $1.7B in assets with 29,000 self-directed IRA investors and supports more than 2,000 issuers who have raised capital on the platform. With minimal paperwork and competitive fees, Alto simplifies access to less-correlated, high-return investments. Users can establish Traditional, Roth, or SEP IRAs and seamlessly invest in private markets and cryptocurrency. Learn more at altoira.com.
Alto Media Contact
Heather Valle
Caliber Corporate Advisers
alto@calibercorporateadvisers.com
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Alto Solutions, Inc. d/b/a AltoIRA (“Alto”) is an administrator of self-directed individual retirement accounts and is not a registered or licensed broker, dealer, broker-dealer, funding portal, cryptocurrency exchange, investment advisor or investment manager. Neither Alto nor any of its affiliates is an FDIC-insured bank. Banking services provided to Alto are by BankProv (Bank) Member FDIC / Member DIF. The FDIC insures each AltoIRA account holder up to $250,000 based on deposit insurance rules in the event of bank failure. Certain conditions must be met for pass-through insurance coverage to apply. The Depositors Insurance Fund (DIF) insures all deposits above the FDIC depositor limit when placed with BankProv. Securities and Crypto assets are not insured by the FDIC, may lose value, are not deposits or other obligations of the Bank, and are not guaranteed by the Bank. Alto does not control or monitor the operation or conduct of the Bank or any third-party investment platforms, funds, cryptocurrency exchanges or issuers, or their offerings. Whenever making an investment decision, investors should consult with their tax attorney or financial professional. Investors are responsible for conducting their own due diligence regarding investments, for using their Alto accounts in compliance with law, and for all tax and other risks and obligations arising from account transactions.

Alto Securities, LLC (“Alto Securities”) is a broker-dealer and may act as the placement agent of funds and other investments offered by issuers with which it has a relationship. Neither Alto nor Alto Securities nor any of their affiliates provide any investment advice or make any investment recommendations to any persons, ever, and no communication herein or otherwise shall be construed as investment advice or a recommendation about any specific security offering, investment, asset, or fund. Information provided on this website by Alto and its affiliates does not constitute an offer, nor the solicitation of an offer to buy or subscribe to, any securities to any person in any jurisdiction. Any communication made by Alto or any of its affiliates with regard to opening or using an IRA account shall not be construed as a recommendation, call to action, or investment strategy to establish a particular account type (e.g. traditional, Roth, or SEP). Alto provides investors self-directed accounts and neither recommends an account type to investors for a fee as part of its services or products, nor advises customers in relation to the tax consequences of accounts, including but not limited to penalties associated with withdrawals, application of required minimum distributions, holdings of employer stock, and special features of an existing account.

Investing in private securities, cryptocurrencies, securitized assets, and other alternative investments (“Private Securities”) is intended for highly sophisticated investors and involves substantial risks. These risks include but are not limited to a lack of operating history, leverage, liquidity of the portfolio, segregated portfolio fund risk, diversification and concentration risk, and long-term investment risk. Furthermore, there is a risk that investors may receive little or no return on their investment or may lose part or all of their investment. For example, the success of a fund’s investment objective depends, in part, on the effective deployment of its assets by the managers of the fund. However, there can be no assurance that the managers will successfully achieve the fund’s investment objective or deliver positive returns.

Investing in Private Securities carries a high risk and is considered speculative. There is no guarantee that an issuer or its investment strategies will succeed under all market conditions. The success or failure of a fund, for example, and its value may be affected by numerous factors, including investment performance, realized and projected market returns, fluctuations in market interest rates, and other pertinent factors.

It is important to note with regard to any reference to high-net-worth individuals and institutions, that these investors often have substantial financial resources and longer investment horizons, which may differ from those of individual investors. Potential investors should carefully consider their own financial circumstances, risk tolerance, and investment objectives before participating in these opportunities. Past performance is not indicative of future results, and all investments carry inherent risks. Diversification does not eliminate risk, and there is no guarantee of returns on investments. It is advisable to consult with financial professionals and conduct due diligence before making any investment decisions.

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