Allocate, a private markets operating system for wealth advisory firms and fund managers, has announced a partnership with VanEck to expand access to private market strategies across the wealth channel. VanEck is leveraging Allocate’s technology and operational infrastructure to bring its institutional private markets expertise to financial advisers, registered investment advisers (RIAs) and the clients they serve in a scalable and efficient manner.
As private markets continue to expand into the wealth channel, many asset managers find that the platforms available to them were built for a different era of distribution: ones optimized for aggregating feeder capital, not for helping a manager launch, control and scale its own advisor-facing offering. The result is long timelines, fragmented workflows and operational burden that slow a manager’s entry into the wealth channel just as demand accelerates. By using Allocate’s infrastructure, VanEck is able to bring wealth-focu
