AssetMark and iCapital Network, have launched AssetMark Alternative Investments by iCapital, a customised alternative investments service on the AssetMark platform.
The solution provides a curated selection of fully-dilligenced alternative investments with low minimums and a seamless end-to-end investing experience to support independent advisors in attracting and serving high-net-worth (HNW) clients.
AssetMark Alternative Investments augments the investment solutions available to independent registered investment advisors (RIAs) on the AssetMark platform with alternative investment strategies designed to address the diversification and return objectives of qualified HNW investors. The offering provides access to alternative investment managers professionally dilligenced by iCapital, through a convenient, best-in-class user experience. It features an integrated, single sign-on with automated subscription and administration, document management, and reporting.
Historically, individual investors have had limited access to top-tier alternatives managers with appropriately low investment minimums. AssetMark Alternative Investments by iCapital addresses this challenge for financial advisors. RIAs can access and manage their client portfolios while leveraging robust educational content from iCapital. These solutions will help RIAs grow and differentiate their business as demand for alternative investments increases among all investor types; Preqin’s “Future of Alternatives 2025” report suggests that global alternative assets under management could grow from USD10.7 trillion in 2021 to 17.2 trillion in 2025.
“With AssetMark Alternative Investments by iCapital, AssetMark is building on its commitment to providing innovative solutions that help RIAs attract and serve high-net-worth clients,” says David McNatt, SVP, Investment Product Management & Development at AssetMark. “Both AssetMark and iCapital Network are dedicated to providing unparalleled service and experiences that support each advisor’s high level of service and alternative asset class access to clients for greater differentiation in a demanding market. We’re proud to be working with them on this important new offering.”
“It is critical for advisors to meet the burgeoning appetite for private market investments of their qualified investors with the same breadth of options and efficiency as more traditional investments,” says Dan Vene, Co-Founder & Managing Partner, Head of Client Solutions at iCapital Network. “We are proud to be working with AssetMark to bring this innovative alternative investments solution to the thousands of advisors interested in offering private market opportunities to their affluent clients.”
On 26-26 May, AssetMark Institutional will host its inaugural RIA Summit featuring insights from industry experts and business leaders on how RIAs can build successful, scalable businesses. iCapital will discuss how opportunities in private markets investing have evolved and how independent advisors can incorporate these unique investments into their high-net-worth clients’ portfolios.
