Kestra Financial, a leading wealth management platform, announced the improvement of its alternative investment offerings through an expansion of its strategic partnership with iCapital. This partnership will deliver greater value to Kestra Financial advisors and their clients as they access alternative investments through iCapital’s technology platform.
For 5+ years, the Kestra and iCapital partnership has served as a valuable customized technology offering for Kestra Financial advisors seeking access to alternative investment products. And now, with the integration of advanced capabilities from iCapital, Kestra Financial advisors can expect a more seamless experience with the addition of the following:
- A wider range of alternative investment products, including private equity, private credit, real estate, infrastructure, and hedge funds
- Reduced minimum investment requirements
- Access to detailed information and real-time updates on alternative investment products
- Additional due diligence from the iCapital team
- Single sign-on functionality with the Advisor Complete portal
- Simplified submission process
These offerings will streamline subscriptions and simplify administrative tasks, resulting in fewer operational challenges and increased efficiency when dealing with alternatives. Kestra Financial advisors can extend their investment offerings while spending less time on back-end processes and more time with their clients.
Managing $103 billion in assets under advisement (AUA), Kestra Financial supports over 1,700 independent financial professionals and is committed to delivering superior service that enables their growth, success, and ability to best help their clients.
KEY QUOTES:
“We are excited to enhance our alternative investment offerings through our partnership with iCapital. These new capabilities highlight our commitment to empowering advisor success by equipping them with the tools needed to deliver exceptional value and service to their clients.”
-John Amore, EVP of Wealth Management at Kestra Financial
“We are honored to expand our strategic partnership with Kestra Financial, leveraging iCapital’s technology to simplify private markets investing. With enhanced integration of these new capabilities, Kestra’s financial advisors now have access to a comprehensive platform for alternative investments, making it easier to research, market, and transact.”
-Steve Houston, Managing Director and Co-Head of iCapital Solutions at iCapital
