Fintechs offer Japanese whiskey and Harlem Renaissance art investments Episode 11

Episode Summary

Once the domain of the ultra-rich, alternative investments are now a hot item in wealth management, as technology lowers entry minimums and placements open up for a larger number of investors. Alts have skyrocketed in popularity, with sales topping $31.7 billion in the first half of last year, and that’s only expected to continue. Antique musical instruments, muscle cars and even handbags have seen their values increase over the past decade, and the latest platforms offer rare Japanese whiskey and fine art from the Harlem Renaissance. Nick King, CEO of the wine investment platform Vint, and Yieldstreet’s Rebecca Fine break down some of the niche alt investments available to clients.

Episode Notes

In this episode, you’ll hear: 

• What are alternative investments and why are they so popular?
• How is fintech bringing down investment minimums?
• What are some of the most interesting investments available to clients?
• Are the investments only open to accredited investors?
• Are alt fintechs licensed by the SEC?
• How much do these platforms cost?
• Which clients are most suitable for alt investments?

Related Article:  Alts open up everything from Harlem Renaissance art to Japanese whisky

Guest Bios:

Rebecca Fine is the leader of Yieldstreet’s Art Platform, which includes Athena Art Finance and Yieldstreet’s newest asset class, Art Equity. She has served on the leadership team of Athena since its founding by The Carlyle Group in 2015. Rebecca has had a remarkable track record of success as a changemaker in many evolving roles, both before and after joining Yieldstreet in 2019.

Nick King is the finance and tech-driven founder of Vint. Nick started his career at an investment fund that managed $20 billion, where he learned to think, invest and build a business. He was inspired to launch Vint to democratize the wine and spirits industry that has been historically inefficient and opaque.

Nick built a team of experienced sommeliers and launched the first SEC-qualified platform dedicated to wine and spirits investing. At Vint, Nick leads the fundraising efforts, sets the strategic vision, recruits top notch talent, and manages day-to-day operations. He has a degree in financial economics from the University of Virginia. Outside the office, Nick is a fitness buff with boxing being his exercise of choice. He credits the real punches to his face with helping him put startup setbacks in context.