The Alternative & Direct Investment Securities Association (ADISA) is a national trade association of professionals involved in primarily non-traded alternative investments.

We provide educational and networking opportunities for our members, and we actively lobby for our members’ interests on Capitol Hill, and in meetings with lawmakers and regulatory agencies.

Founded in Indianapolis, IN, in 2003, ADISA has grown to include 4,500 key decision-makers who represent more than 220,000 professionals, including sponsor members that have raised more than $200 billion in equity and serve more than 1 million investors.

  • Sponsors/issuers of alternative investment products
  • Broker-dealers
  • Accountants
  • Attorneys
  • Mortgage bankers
  • Institutional lenders
  • Qualified Intermediaries
  • Registered representatives
  • Investment advisers
  • Registered investment advisors
  • Due diligence officers
  • Family office representatives
  • Other affiliated professionals

ADISA’s Commitment to Connections

In the realm of alternative investments, continuing education and a broad network of connections are the foundation of growth and success.

  • Non-traded real estate investment trusts (REITs)
  • Business development companies (BDCs)
  • Master limited partnerships (MLPs) and private and public funds (LPs/LLCs)
  • 1031 exchange programs (DSTs/TICs)
  • Energy and oil and gas interests
  • Equipment leasing programs
  • Other alternative and direct investment offerings


Whether in-person at one of our conferences, or through our website, video, and magazine content, members get access to analysis and tips from professionals who are leaders in their field.


Our History and Mission

ADISA, formerly known as “REISA” (and before that as “TICA”), is a registered not-for-profit trade association (IRS 501c6) that also has a foundation (IRS 501c3), the ADISA Foundation, which provides college scholarships.

ADISA’s mission is to be the leading trade association for the alternative and direct investment industry providing education, networking, and advocacy for members.

Each year, we host several events – on the West Coast and elsewhere – to bring education and networking opportunities to our members. When circumstances make in-person meetings impossible, as we saw in the spring of 2020, we provide online interactive webinars for our members.


ADISA leads active advocacy work for those in the alternative investment space, keeping members abreast of legislative issues and reaching out to regulators and legislators to provide important information about this “alternative” side (that is, not the traded stock and bond side) of the investment world.