iCapital® Network Recognized for Technology at 2018 WealthManagement.com Industry Awards

NEW YORK, Sept. 14, 2018 /PRNewswire/ -- iCapital Network, the financial technology platform democratizing alternative investments for high-net-worth individuals and their advisers, today announced the firm has been honored in the WealthManagement.com 2018 Industry Awards as the top Alternative Investment Platform.

The WealthManagement.com Industry Awards recognize outstanding achievement by companies and organizations providing support for financial adviser success. The category of Technology Providers: Alternative Investment Platforms evaluates both quantitative and qualitative measures of an initiative that facilitates trading, research, processing, reporting and tracking of alternative investments. iCapital was awarded for its initiative to create customized, white label technology platforms that simplify access to alternative investments for banks, wirehouses, brokerages, independent firms and their advisory practitioners.

"It's an honor to be recognized for the work our team is doing to build the industry solution for alternative investments," said Lawrence Calcano, Chief Executive Officer of iCapital Network. "We are committed to empowering advisers and their high-net-worth clients with streamlined access to alternative investments, and believe that our sustained focus on technology, education and client success will help the industry grow and evolve."

This year, WealthManagement.com received and considered a record 600 entries from nearly 250 companies before announcing the award winners, including iCapital, at an award ceremony held Thursday, Sept. 13 in New York City. Dan Vene, iCapital's co-founder and Managing Partner, accepted the award at the ceremony.

iCapital's enterprise-grade alternative investment platform has been embraced by independent advisers seeking an end-to-end solution to improve access to, and management of, institutional-quality private investments.

iCapital now also provides its solutions as a customizable white label offering, giving banks, wirehouses, brokerages, and independent firms a simple way to update legacy processes and infrastructure with a state-of-the-art platform explicitly designed to address the long-standing challenges faced by the alternative investment industry. The technology automates the unique sourcing, subscription, administrative, and reporting processes of alternative investments and improves access for all investors, no matter how they choose to receive financial advice. More than two dozen of the largest and most respected financial institutions use iCapital's technology, including JP Morgan Asset Management, BlackRock, Alliance Bernstein, Fidelity Institutional, Dynasty Financial Partners, UBS and Morgan Stanley.

About The WealthManagement.com Awards

In their fourth year, the WealthManagement.com Industry Awards are presented annually by WealthManagement.com, a financial advisory industry publication from Informa. Companies and organizations are invited to complete a nomination application describing an initiative within several available categories that supports adviser success. WealthManagement.com also invites nominees to provide supplemental information to support their nomination in the form of third party testimonials and/or confidential growth, user or performance metrics. A panel of industry experts selects the finalists and winners based on qualitative and quantitative performance indicators. Nomination or receipt of a WealthManagement.com Industry Award is not necessarily indicative of any particular client's experience or a guarantee that the firm will perform in the future as it did during the period evaluated by the Award judges.

About iCapital Network

iCapital Network is the financial technology platform democratizing alternative investments with complete tech-based solutions for investors, advisers and asset managers. The firm's flagship platform offers high-net-worth investors and independent wealth advisers a curated menu of private equity and hedge funds at lower minimums with a full suite of due diligence and administrative support in a secure digital environment. Banks and asset managers leverage iCapital's tech-enabled services to streamline and scale their private investment operational infrastructure. iCapital was included in the 2018 Forbes FinTech 50 and as of June 30, 2018, serviced more than $6 billion in invested capital across more than 14,000 underlying accounts.

For additional information, please visit the Company's website at www.icapitalnetwork.com | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Twitter: @icapitalnetwork | Facebook: https://www.facebook.com/icapitalnetwork

Disclosures: This material is provided for informational purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund or security offered by iCapital. Past performance is not indicative of future results. Alternative investments are complex, speculative investment vehicles and are not suitable for all investors. An investment in an alternative investment entails a high degree of risk and no assurance can be given that any alternative investment fund's investment objectives will be achieved or that investors will receive a return of their capital. The information contained herein is subject to change. Securities may be offered through iCapital Securities, LLC, a registered broker dealer, member of FINRA and SIPC and subsidiary of Institutional Capital Network, Inc. iCapital is a registered trademark of Institutional Capital Network, Inc. All rights reserved.

For iCapital Network media inquiries, please contact:

Emma Murphy
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Cell 347-968-6800
[email protected]

SOURCE iCapital Network

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