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General

Envestnet Expands Its Partnership with iCapital

iCapital's partnership with Envestnet, a B2B financial ecosystem used by broker-dealers, advisors and RIAs, has expanded beyond structured investments. Envestnet works with the 800 managers on their platform to provide solutions for more than 100,000 advisors. Dana D'Auria, Group President and Co-CIO at Envestnet Solutions, shares how demand, democratization and access to alternative investments is increasing. Envestnet and iCapital have a roadmap for the future where advisors can manage portfolios holistically with a single platform and that will eventually increase alts allocation to 20 percent. Questions about alternative investments? Submit them to yourquestion@icapitalnetwork.com to be answered anonymously on a future episode.

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