Alto, a marketplace and custodian connecting retirement capital with private markets opportunities, has announced the launch of adviser access to Alto Private Deal Room, a digital platform that enables registered investment advisers (RIAs) to seamlessly execute self- and client-sourced private markets deals from onboarding to close, all through a single workflow with built-in operational and custodial support.
More than $18.2 trillion sits in IRAs, a pool of retirement capital that eclipses the $13.8 trillion in 401(k)s yet remains largely out of reach of private markets. However, as the global assets under management (AUM) for alternative assets steadily approaches $32 trillion, client demand for the asset class is surging, with roughly 74 percent of RIAs indicating that they’re interested in increasing client allocations to private markets. But many RIAs struggle to act on it. PitchBook reports that for the nearly 19,000 RIAs in the United States, the operational and admi
