iCapital and BlackRock’s Aladdin Wealth platform have entered a new partnership to link iCapital’s alternative investment technology platform with Aladdin Wealth.
This development gives financial advisors using Aladdin Wealth the ability to conduct alternative investment activities, such as discovering offerings, managing subscriptions and redemptions, and monitoring status updates, all within a single integrated system.
With the integration, advisors will be able to handle both public and private market assets more efficiently by combining portfolio analytics and administrative processes in one workflow.
The collaboration is designed to simplify the management of diversified portfolios for wealth managers.
Aladdin Wealth global head Ted Stratigos said: “As investor demand for alternatives grows, advisors are looking for integrated data and technology that helps them manage whole portfolios with greater efficiency and confidence.
“This integration with iCapital will extend Aladdin Wealth’s capabilities by connecting advisors more directly to alternative investments, supported by the same data, analytics, risk management, and portfolio workflows they rely on across their business.”
This initiative extends the ongoing relationship between iCapital and BlackRock.
BlackRock said it will launch a customisable public-private model portfolio within a Unified Managed Account, supported by iCapital technology, in 2025.
Commenting on the latest alliance, iCapital CEO and chairman Lawrence Calcano said: “We’re excited to partner with Aladdin Wealth to bring iCapital’s alternatives technology platform to key advisor processes, ensuring advisors have the tools to integrate alternatives into client portfolios.
“This partnership provides a connected and scalable framework for portfolio construction and oversight, improving efficiency and supporting more personalized client outcomes.”
