Kestra Financial Grows Partnership With iCapital to Enhance Advisers’ Alts Offerings

Kestra Financial is expanding its strategic partnership with iCapital to enable more comprehensive access to alternative investment offerings and related resources. The collaboration is intended to deliver greater value to Kestra Financial advisers and their clients as they access alternative investments through iCapital’s technology platform.

iCapital is a global fintech platform powering much of the world’s alternative investment marketplace.

For over five years, the Kestra-iCapital partnership has supported Kestra advisers but with the new integration of advanced capabilities from iCapital, Kestra Financial said its advisers can expect a more seamless experience.

The updates include: a wide 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; and a simplified submission process.

The enhanced product offerings will streamline subscription and simplify administrative tasks, according to Kestra, resulting in fewer operational challenges and increased efficiency when dealing with alternatives.

“We are excited to enhance our alternative investment offerings through our partnership with iCapital,” said John Amore, external vice president of wealth management at Kestra Financial. “These new capabilities highlight our commitment to empowering adviser success by equipping them with the tools needed to deliver exceptional value and service to their clients.”

“We are honored to expand our strategic partnership with Kestra Financial, leveraging iCapital’s technology to simplify private markets investing,” said Steve Houston, managing director and co-head of iCapital solutions. “With enhanced integration of these new capabilities, Kestra’s financial advisers now have access to a comprehensive platform for alternative investments, making it easier to research, market, and transact.”

Kestra Financial is an Austin, Texas-based independent broker-dealer that oversees $103 billion in assets under advisement and supports over 1,700 independent financial professionals.

Established in 1997, the firm empowers independent financial professionals and wealth management firms – including traditional and hybrid registered investment advisers – by offering personalized support, integrated business management technology, and access to a collaborative community of like-minded financial professionals.

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