iCapital, the global fintech platform revolutionizing the alternative investment marketplace for the wealth management industry, has unveiled its latest offering: iCapital Model Portfolios. This groundbreaking development allows over 100,000 U.S. Financial Advisors to access the inaugural model portfolio, iMAP (iCapital Multi-Asset Portfolio), with more models scheduled for release in the near future.
Lawrence Calcano, Chairman and CEO of iCapital, praised the innovation, stating, “We are excited to introduce iCapital Model Portfolios, an innovative application for wealth managers to incorporate alternative investments into their clients’ portfolios.” This move comes at a time when the demand for alternative investments is steadily increasing, prompting iCapital to collaborate with top alternative asset managers to craft outcome-based models.
The Model Portfolios simplify asset allocation within alternatives, offering a comprehensive and flexible solution for financial advisors. Dana D’Auria, Co-Chief Investment Officer and Group President of Envestnet Solutions, commended the launch, highlighting the model’s ability to enhance the investment experience for advisors and clients alike.
Through the incorporation of diversified portfolios with alternative allocations, advisors can build holistic investment strategies efficiently. Sean Connor, President & CEO Global Private Wealth at Blue Owl Capital, emphasized the importance of these models in simplifying and enhancing the investment experience for financial advisors and their clients, particularly in the realm of private credit investments.
Ultimately, iCapital Model Portfolios represent a significant leap forward in portfolio management, providing a practical tool for wealth managers to navigate the complexities of the modern investment landscape. As the fintech industry continues to evolve, such innovations are crucial for enabling broader access to alternative investments and shaping the future of wealth management.
