“Our deep integrations with GeoWealth and BlackRock will additional rework the digital alternate options investing expertise for advisors and their high-net-worth purchasers,” iCapital’s Calcano mentioned.
“Retail wealth traders are main the adoption of personal markets as they search portfolios providing publicity to investments they can not entry through public markets and the potential for uncorrelated returns,” mentioned Jaime Magyera, BlackRock’s U.S. Wealth Advisory co-head, noting a broad trade development.
“This collaboration between iCapital and GeoWealth enhances our present relationships to fulfill the evolving wants of advisors and their purchasers by way of an revolutionary and easy-to-use construction,” Magyera added.
GeoWealth CEO Colin Falls mentioned fashionable RIAs require options to present high-net-worth purchasers entry to alternate options at scale.
“The trade is racing to resolve the problem of implementing alternate options into mannequin portfolios, whereas GeoWealth’s proprietary UMA know-how will make this potential,” Falls mentioned.
iCapital says its know-how contains unified commerce orders throughout a number of funding merchandise, clever automation, one-stop e-signature options and consolidated shopper communications.
Pictured: iCapital Chairman and CEO Lawrence Calcano
