RBC Wealth Management-U.S. has launched a digital alternative investment platform for high-net-worth clients.
Developed in partnership with Artivest, an alternative investment management and technology solutions provider, RBC Wealth Management’s cloud-based investment platform gives financial advisers and their clients access to leading private equity and hedge funds across sectors, stages and styles. The platform also provides a streamlined process to complete the investment subscription process making it easier to bring alternatives into investors’ portfolios.
“In today’s volatile, yet innovative, global markets, alternative investments play an important role in building successful and diversified portfolios for high-net-worth investors,” said Bryan Mullin, head of alternative investments at RBC Wealth Management – U.S. “Through this new platform, our financial advisers have access to an even wider array of solutions to help meet the investment objectives and goals of their qualified clients.”
Alternative investments have historically been difficult for financial advisers to offer to qualified clients for three primary reasons: high investment minimums; a tedious, paper-intensive subscription process; and non-transparent, inaccessible fund data. RBC Wealth Management entered into this arrangement with Artivest to address these barriers, bringing the benefits of alternatives to high-net-worth individuals, as well as a streamlined, online subscription process, and accessible fund information and analytics.
