Key Takeaways
- • iCapital launched its Multi-Investment Workflow tool, letting financial advisors process multiple alternative investments in a single, unified workflow, available to more than 100,000 wealth managers on iCapital Marketplace.
- • The tool includes unified trade orders across multiple investment products, intelligent automation, one-stop e-signature solutions, and consolidated client communications.
- • The tool works with iCapital Model Portfolios, which use the Architect portfolio construction tool and are built by a Research & Due Diligence team of more than 25 professionals.
- • Steve Houston, Managing Director and Co-head of iCapital Solutions, said the company expects to launch more iCapital Model Portfolios before the end of 2024.
- • iCapital reports more than $200 billion in global platform assets as of September 30, 2024.
Summary
iCapital, a fintech platform for alternative investments, announced the launch of its Multi-Investment Workflow tool, according to a Business Wire release dated October 10, 2024. The tool is available to more than 100,000 wealth managers on iCapital Marketplace and is designed to let financial advisors process multiple alternative investments in a single, unified workflow rather than through separate multi-step processes for each subscription.
According to the company, the tool offers unified trade orders across multiple investment products, intelligent automation, one-stop e-signature solutions, and consolidated client communications. It can be used with iCapital Model Portfolios when processing multiple subscriptions from a menu of funds on iCapital Marketplace, or when adding alternatives to client portfolios. The release states the functionality is intended to reduce the complexity of investing in alternatives for both advisors and investors, particularly for bespoke client portfolios.
Steve Houston, Managing Director and Co-head of iCapital Solutions, described the launch as following the company's first iCapital Model Portfolio launch. Model Portfolios allow advisors to evaluate the impact of alternatives alongside traditional holdings using iCapital's Architect portfolio construction tool, assist with asset allocation within alternatives, and identify funds that match those allocations. The models were developed using quantitative analysis by iCapital's Research & Due Diligence team of more than 25 professionals, which designs outcome-based models aimed at growth, income, and diversification. Houston said the company expects to launch more Model Portfolios before the end of 2024.
iCapital states it has more than $200 billion in global platform assets as of September 30, 2024, employs more than 1,675 people across 17 offices, and was named to the Forbes Fintech 50 in 2024. The release places the launch within a series of recent initiatives that includes iCapital Marketplace, Architect, Model Portfolios, DLT, and the acquisition of Mirador.
According to the company, the tool offers unified trade orders across multiple investment products, intelligent automation, one-stop e-signature solutions, and consolidated client communications. It can be used with iCapital Model Portfolios when processing multiple subscriptions from a menu of funds on iCapital Marketplace, or when adding alternatives to client portfolios. The release states the functionality is intended to reduce the complexity of investing in alternatives for both advisors and investors, particularly for bespoke client portfolios.
Steve Houston, Managing Director and Co-head of iCapital Solutions, described the launch as following the company's first iCapital Model Portfolio launch. Model Portfolios allow advisors to evaluate the impact of alternatives alongside traditional holdings using iCapital's Architect portfolio construction tool, assist with asset allocation within alternatives, and identify funds that match those allocations. The models were developed using quantitative analysis by iCapital's Research & Due Diligence team of more than 25 professionals, which designs outcome-based models aimed at growth, income, and diversification. Houston said the company expects to launch more Model Portfolios before the end of 2024.
iCapital states it has more than $200 billion in global platform assets as of September 30, 2024, employs more than 1,675 people across 17 offices, and was named to the Forbes Fintech 50 in 2024. The release places the launch within a series of recent initiatives that includes iCapital Marketplace, Architect, Model Portfolios, DLT, and the acquisition of Mirador.
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