2 Industry Vets Form a Joint Venture; Distribution Revolution and select Compass Securities as their Broker Dealer

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Distribution Revolution was created to help boutique asset managers grow their visibility in a very crowded marketplace.


Compass Securities Corporation announced today that Robert P. Mulligan and Tim J. Kelly, both highly-regarded institutional asset management executives with more than 25 years industry experience each, have joined the firm as an independent affiliate through their practice, Distribution Revolution, LLC.

“We researched quite a few companies to affiliate with, and all roads led to Compass Securities. They represent a number of firms that have similar business models as ours, they were clearly the best option for us.”

“We are pleased to have Bob and Tim join our growing network of distinguished institutional investment executives,” said Scott S. Chaisson, President of Compass Securities Corporation. “Their demonstrated commitment to excellence and extensive experience within the mutual fund industry makes Bob and Tim an ideal match and they will be invaluable to Compass as we continue to grow our organization.”

Distribution Revolution employs a cohesive vetting process for up and coming boutique mutual funds looking to grow assets under management. After an asset manager passes DR’s vetting process, DR introduces them to Registered Investment Advisors, wirehouses, and third-party investment partners.

“Firm introductions do not happen organically in today’s environment, and as the shift to ETF’s gains momentum, actively managed funds need aggressive sales strategies to compete,” said Robert Mulligan.

“We specialize in preparing and introducing boutique managers to the 3rd party research process to ensure platform approval,” said Tim Kelly.

About Robert Mulligan

With 20+ years of demonstrated success in raising over $10 billion in assets, Bob Mulligan truly believes in the value of actively managed boutique mutual funds. His previous experience as President of Mirae Asset Global Investments included the launch of an unknown brand and product within the U.S., where he created a $750 million run rate in sales. Prior to Mirae, Bob worked for GE Asset Management as Director of National Accounts. AT GE, Bob managed the national account, national sales, and research analyst relationships with firms in the intermediary market. He also led efforts with marketing, general counsel, finance, portfolio management, operations and product management to identify, develop and execute a cohesive strategy for new business opportunities. rpm(at)distributionrevolt.com.

About Tim Kelly

Tim Kelly’s 20+ year career in the investment management industry demonstrates success within sales, management, product management, national accounts and financial advising. Most recently, Tim held the Vice President of Advisor Sales for Pax World Management. Tim was responsible for the Midwest and Hudson Valley regions, where he raised $100 million in new assets through the wire house, independent and RIA channels in 2016. Prior to that, Tim was Product Manager for ESG Managers suite of funds, Pax World’s joint venture with Morningstar Investment Management. During his tenure as Product Manager for the ESG Managers funds, Tim increased assets under management by 70% in just over a year.

About Compass Securities Corporation

Compass Securities Corporation (member FINRA, SIPC) is an institutionally focused broker/dealer, specialized in debt and equity private placements of tax credit syndications, venture capital, and alternative investments, as well as third party long only, and hedge investment manager representation.


Robert Mulligan
791 Gramatan Avenue
Mount Vernon, NY 10552


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