ABOUT NORTHERN
ALLIANCE FINANCIAL
ABOUT NORTHERN
ALLIANCE FINANCIAL
Northern Alliance Financial was founded in 2015 on successful, disciplined lending practices that the management team developed in previous ventures. Our expertise in lending, underwriting, and loan management was transferred to Shelter Lending in 2020 and positions the mortgage income funds and Shelter Lending for unparalleled success in Western Canada’s private lending market. Northern Alliance Financial is now an exempt market dealer focused on providing their investors access to the real estate market by investing in residential mortgages in Western Canada.
Meet Our Team
Dave McKitrick President & CEO
With 25 years of management experience and an engineering background, Dave McKitrick is responsible for overseeing the efficient structure and successful operation of Northern Alliance Financial Corp. Dave has a degree in Civil Engineering from the University of Saskatchewan and an MBA from the University of Alberta.
In 2005, McKitrick became the Chief Operating Officer for Alta West Capital. He was put in charge of operations and systems to increase the efficiency of the mortgage lending operation. After purchasing fifty percent of Alta West in 2009, McKitrick and his business partner grew the company by more than three times to reach $90Million under management. McKitrick is a recognized leader in his industry, named Alternative Lending Broker of the Year (2010) by Canadian Mortgage Professional.
Dave co-founded Northern Alliance Financial Corp. and Northern Alliance Trust in 2015, using his strong industry experience to design a fund that would provide consistent returns to investors. In 2019, Northern Alliance took over the management of Provident Diversified Mortgage Corp. and immediately increased returns to investors by applying the same strong management principles.
In 2020, Shelter Lending was carved out of Northern Alliance Financial Corp. to allow each company to focus on its core business.
Dean Larson Director & COO
With a history of ownership and management of various businesses in the technology and financial industries, Dean Larson has over 20 years of successful management, sales, and business operation experience.
Larson has a history of building and managing successful ventures. Managing large sales teams for various technology firms, Larson was the lead in successfully putting together strategic multimillion-dollar contracts between some of North America’s largest technology companies including Bell,HP/Compaq, IBM, and Cisco.
As a mortgage broker and owner of Compass Mortgage Group, Larson built a successful brokerage with offices and agents in Alberta and British Columbia, specializing in private lending.
Larson was a key part of the sales management team for Alta West Capital from 2009 to 2014,leading business development in British Columbia. Larson has been an active board member for many business organizations and charities, bringing a wealth of knowledge and experience to Northern Alliance Financial.
“Together, we’re committed to building a progressive & efficient company, rooted in sound lending practices.”
Grant Plunkie Director
Grant is responsible for Mortgage Origination of the Management company. Mortgage Origination entails sourcing new lending opportunities and underwriting mortgage loan applications. Grant has a BA from the University of Alberta and over 20 year experience in the mortgage industry.
Grant has been a licensed mortgage broker since 1998 with a focus on residential and small commercial lending. From 2002 until 2009, he was the Portfolio Manager, Underwriter, Business Development Officer and Designated Individual for a small regional Mortgage Investment Corporation based in Kelowna, BC. Concurrent with that, Grant was President and Managing Broker for a team of residential Mortgage Brokers in the Central Okanagan. In 2010 Grant was hired by one of Western Canada’s largest Mortgage Investment Corporations. For five years he served as their Business Development Officer and Senior Underwriter. Additionally, Grant helped lead their expansion from BC to all four Western Provinces. In 2015 Grant founded Infinity Mortgage Corp. Infinity sourced, underwrote and administered individually held mortgage portfolios and individual private mortgage loans.
He then went on to found Infinity Mortgage Fund Ltd which was a Mortgage Investment Corporation, serving as President and Designated Individual, launching operations in 2017. In 2019, Grant joined forces with Shelter Lending and became a partner in the firm. He is responsible for generating new mortgage applications from brokers as well as underwriting and funding new mortgages. Grant’s logical and methodical approach to underwriting has been a great benefit to the mortgage funds.
Cliff Shillington Director
With 42 years in the real estate sector, Cliff Shillington brings a vast understanding of the industry to Northern Alliance Financial.
In 1986, Shillington purchased RE/MAX Saskatoon where he turned a struggling franchise of 13 associates into a top performer with 62 associates within two years, taking the largest market share in the city. In 1990, Shillington joined RE/MAX Western Canada after selling his office to take on a corporate role where he became the Senior Vice President and Regional Director. Shillington transferred to the RE/MAX International Head Office in Denver, Colorado to become Vice President of International Global Operations. In this role Shillington was responsible for all international expansion, supervision and services to all countries outside of the United States.
Shillington currently operates the top RE/MAX franchise in Kelowna, British Columbia and is recognized as an industry leader and innovator, being recently awarded Broker Owner of the Year by RE/MAX International.
Jayson ZIlkie - Exempt Market Dealer Representative
Jayson is a Registered Exempt Market Dealer Mortgage Broker in BC and has a Bachelor of Arts in Business. Jayson brings nearly 10 years of experience in the alternative lending, mortgage and fintech industries.
Jayson served was elected official for the City of West Kelowna and served one term from 2018-2022. Jayson and his family are also foster parents, and he also is a volunteer at the Central Okanagan Food Bank which serves thousands of people in the Okanagan and is creating a healthy, hunger-free community.
Jayson lives in West Kelowna with his wife Erin and three children. They love to spend time outdoors, biking, hiking, camping, playing hockey and golf and enjoying life in the Okanagan. He previously captained his collegiate hockey team before playing professional hockey in the USA and Europe.
NORTHERN ALLIANCE FINANCIAL
Address: 1735 Dolphin Ave #101A, Kelowna, BC V1Y 8A6
Phone: +1.866.777.9567
Useful Links
*Past Performance of NAT B Units does not guarantee future results. Northern Alliance Trust locks in its Unit price to $5.00/Unit. The actual net asset value (NAV) typically fluctuates between $4.87 and $5.10 depending on the performance of the fund, current expenses, transaction costs and potential losses. Some expenses are large annual expenses (audits, OM revision) which can be recovered throughout the remainder of the year. The return calculated on this summary does not reflect the NAV fluctuations. B Unit Dividend performance is different from the total fund performance. Returns are compounded quarterly and annualized.