iCapital, the platform driving the alternative investment marketplace for the wealth and asset management industries, in collaboration with GeoWealth and BlackRock (NYSE: BLK), announced its tech is powering a platform experience for registered investment advisors (RIAs), which enables firms using GeoWealth to include private assets within unified managed accounts.
The experience is reportedly available for advisors accessing model portfolios provided by BlackRock while leveraging GeoWealth’s investment implementation platform.
Via the collaboration, GeoWealth, a turnkey asset management platform (TAMP) serving the RIA channel, will provide advisors with workflows, reporting tools, and investment management capabilities throughout the investment’s lifecycle, while iCapital’s Multi-Investment Workflow Tool streamlines the alternative assets investing experience.
The integration streamlines access to BlackRock custom models that are intended to incorporate “private markets, direct indexing and fixed income SMAs – in addition to traditionally offered ETFs and mutual funds – in a single account.”
iCapital’s technology, which reduces the complexity and multi-step process of investing in alternatives for the advisor and investor, includes unified trade orders across “investment products, intelligent automation, one-stop e-signature solutions, and consolidated client communications.”
iCapital powers the alternative investment marketplace, offering a complete suite of tools, end-to-end enterprise solutions, data management and distribution capabilities, and an innovative operating system.
iCapital is the tech partner to financial advisors, wealth managers, asset managers, as well as other participants in this ecosystem.
Focused on the digital transformation in alternative investing, iCapital’s platform delivers a portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle.
With $200 billion+ in global platform assets, the iCapital operating system streamlines the process of private market investing, and integrates with clients’ “existing infrastructure platform and tools.”
iCapital employs 1,675+ professionals and claims it maintains 17 offices worldwide, including New York, Greenwich, Zurich, Lisbon, London, Hong Kong, Singapore, Tokyo, and Toronto.
GeoWealth is a turnkey asset management platform (TAMP) and financial techn solution built for the needs of RIAs.
GeoWealth’s tech enables advisors to access a lineup of model portfolios and offload mid-and back-office responsibilities, including “performance reporting, billing, portfolio accounting.”
Via its open-architecture platform, GeoWealth enables advisors and firms to grow and serve clients efficiently.
Founded in 2010, GeoWealth is headquartered in Chicago, IL.
BlackRock claims that its purpose is to help more people experience financial well-being.
As a fiduciary to investors and a provider of financial technology, they help people build savings that serve them throughout their lives by making investing more affordable.
