iCapital and Envestnet Expand Partnership to Integrate Alternatives into UMA Platform

Key Facts

1iCapital and Envestnet expanded their partnership to integrate alternative investments and structured products within Unified Managed Accounts (UMA).

2The move enables financial advisors to allocate and manage the investment lifecycle of complex products at scale within a single portfolio framework.

iCapital and Envestnet have announced a significant expansion of their strategic partnership to integrate alternative investments and structured products into Unified Managed Accounts (UMA). This collaboration enables financial advisors to seamlessly access and manage complex asset classes within a single portfolio framework. By leveraging this integration, advisors can now allocate and oversee the entire investment lifecycle of alternative products at scale, significantly reducing operational friction. The move strengthens Envestnet's value proposition for wealth managers while expanding iCapital's distribution reach across the financial advisory landscape. This partnership is expected to drive growth in assets under management (AUM) and bolster fee-based revenue streams. This development marks a pivotal step in democratizing access to private markets through advanced fintech solutions.