iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced a strategic relationship with Ashton Thomas Private Wealth (“Ashton Thomas”), part of Arax Investment Partners (“Arax”), to provide financial advisors and their high-net-worth clients with streamlined data management and simplified access to a diversified range of alternative and structured investment opportunities.
This collaboration reflects Arax’s broader commitment to opening access to alternative investments across its entire platform, and to delivering top-tier, technology-driven solutions that enhance their advisory capabilities and client service.
“As a platform with significant growth, technology is a core aspect of how we’re going to be successful – which is an area where I think iCapital has been exceptional,” stated Haig Ariyan, CEO of Arax Investment Partners. “This strategic relationship will allow our independent advisors to access an enhanced suite of solutions, capabilities, and analytics.” Haig Ariyan and Lawrence Calcano on iCapital’s Monthly Alts Pulse.
The offering includes customized technology tailored for Ashton Thomas advisors that provides a curated menu of alternative investment strategies, including private equity, private credit, real estate, and hedge funds, as well as structured investment opportunities. Leveraging iCapital’s continuous investment in technology, including capabilities from the acquisition of Mirador, Ashton Thomas advisors will benefit from enhanced data aggregation, financial reporting, and data management. This integrated platform simplifies the management of multiple asset classes and enhances overall efficiency.
“We are excited to strengthen our strategic relationship with Arax, a pioneer in the RIA space. This collaboration with the Ashton Thomas team exemplifies our shared vision for innovation and excellence in wealth management, reinforcing our commitment to cutting-edge solutions and unparalleled client service,” said Lawrence Calcano, Chairman and CEO of iCapital. “By helping wealth management clients best leverage the breadth of our operating system and education resources, we aim to set new standards in efficiency, productivity, and client satisfaction.”
iCapital’s technology solution automates the subscription, administration, operational, and reporting processes for the life of the investment funds. As part of the joint offering, advisors also gain access to a full suite of research, due diligence, educational materials, and investment product training.
“This collaboration reflects our commitment to elevating the advisor experience throughout the investment lifecycle, and this collaboration with iCapital and the use of their technology and operating system help our advisors and their clients more efficiently navigate the complexities of alternative investments,” added Aaron Brodt, CEO and Founder of Ashton Thomas Private Wealth.
