Nationwide Planning Associates, Inc. Launches Alternative Investment Platform.

MONTVALE, N.J. -- Nationwide Planning Associates, Inc. (NPA) has created an alternative investment platform to satisfy the growing needs of its registered representatives who are advising accredited high net worth and qualified institutional investors. Registered Representatives of NPA can now offer these alternative investment products to other broker/dealers, registered investment advisors, family offices, institutions, as well as its high net worth clientele.

Nationwide Planning Associates Inc has a heavy concentration in the Northeast while maintaining its main operations in Montvale, New Jersey. NPA's service and products can be offered on a wholesale, institutional, and retail basis. While NPA offers direct participation with private placement investments for investors, it also has a full retail and institutional execution platform. With the addition of NPA's newest COO, David M. Konits, who has an accomplished background in alternative investments, NPA has carefully selected a variety of products that are believed to be the best technology available. David M. Konits, will be the designated Director and Principal of NPA's Alternative Investment Platform.

David M. Konits is primarily responsible for all research, operations, and investment aspects of alternative investments for NPA. Before joining NPA, Mr. Konits was the Managing Principal of SUMA Securities LLC; an Atlanta based NASD member broker/dealer that was also an NFA member commodity-trading advisor that offered alternative investment products and strategies for qualified institutional and high net worth accredited investors. Before SUMA Securities formed, Mr. Konits was originally hired to manage Paradigm securities which was owned by NY based Paradigm Fund of Hedge Funds. David's position entailed working with institutions, broker/dealers, registered investment advisors, banks, and insurance companies on investment strategies involving funds of hedge funds both domestic and offshore. He was also responsible for the full operational management of Paradigm's broker/dealer which included interviewing, training, and managing registered representatives on the sales of private placements. He performed due-diligence on and setting up selling agreements for various alternative investment funds including fund of funds, hedge funds, managed futures, REIT's, limited partnerships, and private placements.

Alternative investment products that will be offered include fund of funds, single strategy hedge funds, managed futures programs, REITS, 1031 Exchanges, Limited Partnerships, and insurance including private placement variable.