Ashton Thomas, part of Arax Investment
Partners, empowers its independent advisors and their clients with
access to iCapital’s operating system, helping them manage and
scale a full suite of solutions spanning alternative investments,
structured investments, and enhanced data management
capabilities.
iCapital1, the global fintech platform driving access to
alternative investments for the wealth management industry, today
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.
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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.
About iCapital
iCapital powers the world’s alternative investment marketplace
offering a complete suite of tools, end-to-end enterprise
solutions, data management and distribution capabilities and an
innovative operating system. iCapital is the trusted technology
partner to independent financial advisors, wealth managers, and
asset managers, offering unrivaled access, technology, and
education to incorporate alternative assets into the core portfolio
strategies for their clients.
At the forefront of the digital transformation in alternative
investing, iCapital’s secure platform delivers a complete portfolio
of management capabilities for education, transactions, data flows,
analytics, and client support throughout the investment lifecycle.
With $191.2 billion2 in global platform assets, the iCapital
operating system automates and streamlines the complex process of
private market investing and seamlessly integrates with clients’
existing infrastructure platform and tools.
iCapital employs more than 1,500 people globally, and has 17
offices worldwide including New York, Greenwich, Zurich, Lisbon,
London, Hong Kong, Singapore, Tokyo, and Toronto. iCapital has
consistently been recognized for its outstanding innovation,
fintech industry leadership, and performance including Forbes
Fintech 50 for 2018, 2019, 2020, 2021, 2022, 2023, and 2024 and
MMI/Barron’s Industry Awards as Solutions Provider of the Year for
2020, 2021, 2022, and 2023.
For more information, visit https://icapital.com | X (Twitter):
@icapitalnetwork | LinkedIn:
https://www.linkedin.com/company/icapital-network-inc/
About Arax Investment Partners
Arax Investment Partners is a rapidly growing, multi-boutique
wealth management platform making strategic control investments in
best-in-class operating companies in partnership with their
founders and management teams. Arax is focused on making strategic
investments and supporting RIAs, hybrid wealth managers, and
advisor teams seeking a new growth platform to scale their
businesses.
Arax enables its partners and affiliates to be entrepreneurial
and focus on delivering industry-leading financial services to
their clients. Firms within the Arax network benefit from a
seasoned management team with a successful track record of scaling
wealth platforms, M&A experience, capital sourcing capabilities
and company-building expertise backed by a proven investor with an
extensive network, RedBird Capital Partners. Our experienced
leaders, multi-platform structure and growth equity partnership
create a unique advantage for our partners. For more information,
please go to www.Araxpartners.com.
About Ashton Thomas Private Wealth
Ashton Thomas is a diversified financial services firm committed
to a culture of excellence, integrity, and respect in every aspect
of its business. Through its various entities listed below, Ashton
Thomas serves foundations, businesses, and affluent individuals and
families by providing a range of services which include fee-based
financial planning and investment portfolio management, retirement
plan consulting, securities brokerage, life and health insurance,
and income tax preparation. The firm also strives to remain at the
forefront of technological innovation and thought leadership within
the financial services industry.
Ashton Thomas Private Wealth, LLC, (“ATPW”), founded in 2010,
and Ashton Thomas Advisors, LLC ("ATA"), founded in 2024, are
SEC-registered investment advisers which provide fee-based
financial planning, portfolio management, pension consulting, and
fund manager selection services. Ashton Thomas Securities, LLC,
(“ATS”) is a dually registered entity. ATS registered with FINRA as
a broker-dealer in 1984 and provides securities brokerage services.
ATS became an SEC-registered investment adviser in 2008 and
provides fee-based financial planning, portfolio management,
pension consulting, and fund manager selection services. Ashton
Thomas Insurance Agency, LLC, (“ATIA”) provides life and health
insurance brokerage services. ATIA also provides income tax
services through its DBA, Ashton Thomas Tax Advisory.
Representatives of the entities listed may only conduct business
for which they are licensed, if required, and with residents of the
states and jurisdictions in which they are properly registered
and/or licensed.
Ashton Thomas is headquartered in Scottsdale, Arizona, and has a
growing footprint throughout the continental United States.
Disclosures
This material has been provided to you for informational
purposes only by iCapital, Inc. and/or one of its affiliates
including Institutional Capital Network, Inc. (collectively,
“iCapital”). This material is the property of iCapital and may not
be shared without its written permission. No part of this material
may be reproduced in any form, or referred to in any other
publication, without express written permission of iCapital. This
is not intended as, and may not be relied on in any manner as,
legal, tax or investment advice, a recommendation to employ a
specific investment strategy, or as an offer to sell, a
solicitation of an offer to purchase, or a recommendation of any
interest in any fund or security. Security products and services
are offered through iCapital Markets LLC, a registered
broker/dealer, member FINRA and SIPC. Financial products made
available by iCapital Markets LLC may be complex and/or speculative
and are not suitable for all investors. iCapital Advisors, LLC is
an investment adviser registered with the Securities and Exchange
Commission and acts as an adviser to certain privately offered
investment funds. “iCapital” and “iCapital Network” are registered
trademarks of Institutional Capital Network, Inc.
© 2024 Institutional Capital Network, Inc. All Rights
Reserved.
1 iCapital, Inc. and its affiliates (together, “iCapital”)
2 As of May 31, 2024
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