Managing Director and Co-founder lands place on list for second consecutive year

SANTA MONICA, CA (August 29, 2016) -- The Sierra Group of Companies today announced that managing director and co-founder David Wright has been named to Barron's Top 100 Independent Financial Advisors for the second consecutive year. Mr. Wright and Sierra are ranked 42nd out of 100, up from 56th in 2015. The Barron's rankings reflect the volume of assets under management, revenues, and quality of the advisors' practices as of June 20, 2016.

“Our success is a team effort, and I'm delighted we have been recognized again as one of Barron's top independent financial advisors,” said Mr. Wright. “Sierra was founded almost 30 years ago to serve conservative investors and institutions. Our primary focus is on limiting downside risk and volatility, and pursuing a solid return over a full-market cycle. It's wonderful to be recognized for our team’s hard work and commitment to client service."

About the Sierra Companies

The Sierra Group of Companies ("Sierra") comprises Sierra Investment Management, Inc., Ocean Park Asset Management Inc., and Wright Fund Management, LLC, which manages the Sierra Mutual Funds.

Since 1987 Sierra has been helping retirees and other conservative investors preserve and grow their wealth. Through the years, Sierra has fine-tuned an investment approach specifically designed to try to limit downside risk and to provide satisfying returns over a market cycle by reflecting Sierra’s current market and manager views. Using decades of strategic research and our proven risk management disciplines, Sierra strives to help its clients meet their specific investment goals.

As of June 30, 2016, Sierra manages or advises nearly $1.7 billion in assets for conservative clients.

Neither Sierra Investment Management, Inc., Ocean Park Asset Management, Inc. nor Wright Fund Management LLC are affiliated with Northern Lights Distributors, LLC.

# # #