Fintech platform iCapital will share its alternative-investment portfolio management tools with advisers at Ashton Thomas Private Wealth, an Arizona-based registered investment adviser serving high-net-worth clients.
iCapital’s integration will provide access to investment opportunities and analytics across private equity, private credit, hedge funds and other alts. Among active wealth management firms on iCapital, 91% are from independent wealth advisory firms (about 2,200 active firms).
In April, iCapital acquired the financial data services firm Mirador.
Advisers at Ashton Thomas will also gain access to iCapital’s research, due diligence, educational materials and investment product training. Ashton Thomas Private Wealth is part of the wealth management firm Arax Investment Partners, whose investors include Gerry Cardinale’s private equity firm RedBird Capital Partners.