The members of ADISA (Alternative & Direct Investment Securities Association), the nation's largest trade association serving the alternative investment and securities industry, have chosen new directors for its 2020 board. ADISA holds democratic elections hosted by a neutral online vendor, and the elections are open to all member categories (with a maximum of three votes per firm).

The eight newly elected (or re-elected) board directors are:

Catherine Bowman, The Bowman Law Firm
David Johan, Legacy Wealth Management
Nati Kiferbaum, Inland Private Capital Corporation
Mark Kosanke, Concorde Investment Services
Matthew Malone, FS Investments
Ann Moore, International Assets Advisory
Brad Updike, Mick | Law
Thomas Voekler, Kaplan Voekler Cunningham & Frank

They join the returning 2019 board members, who were elected last fall to two-year terms, and include:

Larry Sullivan, 2020 ADISA President, Passco Companies
Greg Mausz, 2019 ADISA President, Preferred Apartment Communities
Brandon Balkman, Orchard Securities
Brian Buehler, Triton Pacific Securities
Sherri Cooke, AI Insight
John Grady, Practus
Jean Merriman, Strategic Financial Alliance
Joe Michaletz, Discipline Advisors
Vali Nasr, Claraphi Advisory Network

Darryl Steinhause of DLA Piper also serves as a non-voting, volunteer legal counsel.

ADISA board elections occur in the fall; each new director was elected to a two-year term through 2021.

Incoming ADISA President Larry Sullivan said, "I could not be more pleased with the composition and diversity of the 2020 board of directors. A full extent of constituents is well represented, which emphasizes the value in ADISA's process of holding open and inclusive elections as the key driver of the formation of its leadership."