iCapital Network is to create a customised technology platform for PIMCO, that will provide financial advisers and their high-net-worth clients access to PIMCO’s alternative strategies.
iCapital Network says the relationship will enable advisers to provide a best-in-class investor experience via enhanced access to PIMCO alternative strategies. iCapital’s technology automates the subscription process, provides transparency into each step of the investing process and seamlessly integrates performance and tax reporting for alternative investments in an end-to-end platform.
“We are excited to partner with iCapital and look forward to leveraging their capabilities as we continue our efforts to democratise alternative investments for qualified investors seeking additional sources of return and diversification in their portfolios,” says Eric Mogelof, PIMCO head of US Global Wealth Management.
“The iCapital team strives to make the alternative investing process as simple for advisors as other investment transactions, and this relationship with PIMCO exemplifies that goal,” says Lawrence Calcano (pictured), Chief Executive Officer of iCapital Network. “Alternative investments have historically been difficult to implement for the wealth management community, leaving advisors and investors without access to the benefits they can provide. We are thrilled to continue to scale our services across the asset and wealth management spectrum to make streamlined access to alternatives a reality for advisors.”
