Commonwealth Financial Network has formed a partnership with iCapital.
The company delivers a white-labeled platform and enables affiliated advisers to efficiently source nontraded alternative investment opportunities for high-net-worth client portfolios.
By scaling its alternative investment offering, Commonwealth gives advisers direct access to high-quality alternative investment funds vetted by the firm’s Alternative Investments team.
“The iCapital partnership allows Commonwealth to supplement our existing alternative investments product platform with a suite of products designed for high-net-worth investors,” explained Chad LaFauci, vice president of alternative investments. “Investing in private alternatives has historically been a cumbersome process with a lot of paperwork. The process is digitized with iCapital, making it easier and more streamlined. Our advisers now can reclaim time to focus on other priorities while having access to a more power
