Schwab Advisor Services Launches the Schwab Alternative Investment Marketplace™ Platform
“We continually listen to what advisors tell us they need, and based on their feedback, we’re pleased to provide access for their clients to a growing list of alternative investment funds,” said
The Schwab Alternative Investment Marketplaceplatform offers access to private funds provided by third-party platform sponsors. These sponsors provide advisors a seamless experience by pre-qualifying clients, controlling document workflows electronically, and offering access to detailed fund information. Minimums starting at
iCapital Network2 is the first third-party platform sponsor to join the Schwab Alternative Investment Marketplace platform. iCapital Network offers technology and comprehensive due diligence to support advisors throughout the investing process. To learn more about iCapital’s solutions, visit icapitalnetwork.com.
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Disclosures
Through its operating subsidiaries, The
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Investing in alternative investments is speculative, not suitable for all clients, and generally intended for experienced and sophisticated investors who are willing and able to bear the high economic risks of the investment. Alternative investments often employ leverage and other speculative practices that increase an investor’s risk of loss, often charge high fees, may require investors to satisfy capital calls, and can be highly illiquid and volatile. These investments may lack diversification, involve complex tax structures, and may experience delays in reporting tax information.
This is not an offer of, or a solicitation to subscribe to or purchase, securities.
Investors should read carefully the related prospectus or offering memorandum, which will contain the information needed to help evaluate the potential investment and will provide important disclosures regarding risks, fees, and expenses.
Schwab receives remuneration from third-party platform sponsors participating in the Schwab Alternative Investment Marketplace platform for recordkeeping, shareholder services, and other administrative services.
Schwab does not provide investment advisors, or their clients, advice about potential investments in any Schwab or third-party alternative investment platform (including the funds made available on such platforms that participate in the Schwab Alternative Investment Marketplace platform), and funds that may be held in custody. It is each investment advisor’s responsibility to determine the suitability of such an investment for his or her clients. Alternative investments are risky, and an advisor’s clients may lose their entire investment in a fund.
Third-party firms, including platform sponsors such as iCapital Network are not owned by, affiliated with or supervised by
This material is provided for informational purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund or security offered by
Securities may be offered through iCapital
Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support of Schwab.
Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading and support services of Schwab.
Independent investment advisors are not owned by, affiliated with, or supervised by Schwab. For informational purposes only.
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(1019-9TNE )
1 Clients must meet eligibility requirements as determined by the third-party platform sponsor and the issuer to invest into funds.
2
View source version on businesswire.com: https://www.businesswire.com/news/home/20191024005257/en/
Source:
Meredith Richard
Schwab Corporate Public Relations
212-403-9255
meredith.richard@schwab.com