A day after announcing it had reached $200 billion in assets, alternative investment platform iCapital has rolled out a new tool called Multi-Investment Workflow that allows financial advisors to handle multiple investments in a single integrated process. .
While the multi-investment workflow is available to all advisors using the platform, one of the main objectives of the tool is to accelerate the adoption of iCapital’s model portfolio feature, which was introduced in May of this year. said Steve Houston, Managing Director and Co-Head of Client Solutions. At iCapital.
Previously, financial advisors using iCapital Marketplace had to follow a multi-step process to subscribe to the various investment products available on the platform, with separate subscription documents and marketing materials sent to clients via email. had been sent to. Multi-investment workflow tools can bundle multiple investment products into integrated trading orders with one-stop e-signature functionality and all-in-one client communications. Additionally, the tool uses intelligent automation to prepopulate fund recommendations and recommended weighting percentages for those funds for advisors using iCapital’s model portfolios.
“We believe model portfolios are where the pack moves, as evidenced by how financial advisors are managing client portfolios in the public markets sector,” Houston said. . “The model has played a very important role in accelerating and introducing the right type of portfolio construction, and this is really an attempt to accelerate that step in the private market.”
The multi-investment workflow tool has been in beta testing for approximately five months and is now available to financial advisors using iCapital’s Marketplace and iCapital Model Portfolios. It will also soon be rolled out to users of iCapital Architect, which allows advisors to build personalized client portfolios.
