NewEdge Wealth has formed a partnership with iCapital.
The partnership includes a customized technology offering that provides advisers at NewEdge Wealth with a curated menu of alternative investment strategies — from private equity, private credit and real estate to hedge funds — and also enables the firm’s advisers to purchase structured investment opportunities. iCapital’s technology solution automates the subscription, administration, operational and reporting processes for the life of the investment funds. As part of the partnership, advisers also gain access to a full suite of research, due diligence, educational materials and investment product training.
“We view this partnership as instrumental in scaling our alternatives business and empowering advisers to provide clients with a broader and more complete range of portfolio solutions ,” said Rob Sechan, managing partner of NewEdge Capital Group and CEO, co-founder, NewEdge Wealth.