iCapital, a fintech focused on alternative investments, will offer structured investments to financial advisors on the Envestnet platform.
“This first-to-market integration brings structured investments into an advisor’s suite of investment solutions and gives them a 360-degree view of client finances,” Jillian Altamura, managing director and head of platform partnerships at iCapital, said in a statement.
The offering, powered by Simon from iCapital, provides advisors with proposal generation for structured investments, along with analytical features, trading workflows and the ability to integrate data on structured investments into client reports.
“The integration allows advisors to add fee-based structured investments into proposals, transact on those products and assess them next to more traditional asset classes without ever leaving the Envestnet ecosystem,” said Dana D’Auria, co-chief investment officer at Envestnet and group president of Envestnet Solutions.
Simon from iCapital also provides a learning center with educational resources for advisors and clients, including more than 90 videos.
Davis brings 29 years of RIA custody experience to Raymond James as longtime COO Michelle Sovcik plans to retire.
Vanguard's new offering lets advisors modify off-the-shelf models as custom-portfolio assets approach $1 trillion industrywide.
“It's harder for someone close to retirement to justify leaving, because all the [wirehouse] firms have retirement deals,” said Louis Diamond, CEO of Diamond Consultants.
While there's yet to be any AI premium or discount for selling firms in RIA deals, M&A veteran Rush Benton says it's already factoring into how advisors choose their next home.
Advisors can use fractional share trading to implement client models to the dollar, rather than rounding to whole shares.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
