Arrangement with Artivest provides
financial advisors and qualified investors with
access to premier alternative strategies
MINNEAPOLIS, May 29, 2018 /PRNewswire/ - RBC Wealth
Management-U.S., one of the nation's largest full-service wealth
management firms, is taking some of the mystery and difficulty out
of alternative investing with a new digital alternative investment
platform for high-net worth clients.
Developed in partnership with Artivest, an award-winning
alternative investment management and technology solutions
provider, RBC Wealth Management's cloud-based investment platform
gives financial advisors and their clients access to leading
private equity and hedge funds across sectors, stages and styles.
The platform also provides a streamlined process to complete the
investment subscription process making it easier to bring
alternatives into investors' portfolios.
"In today's volatile, yet innovative, global markets,
alternative investments play an important role in building
successful and diversified portfolios for high-net-worth
investors," said Bryan Mullin, Head
of alternative investments at RBC Wealth Management – U.S. "Through
this new platform, our financial advisors have access to an even
wider array of solutions to help meet the investment objectives and
goals of their qualified clients."
Alternative investments have historically been difficult for
financial advisors to offer to qualified clients for three primary
reasons: high investment minimums; a tedious, paper-intensive
subscription process; and non-transparent, inaccessible fund data.
RBC Wealth Management entered into this arrangement with Artivest
to address these barriers, bringing the benefits of alternatives to
high-net-worth individuals; a streamlined, online subscription
process, and accessible fund information and analytics.
Since launching the alternative investments platform, RBC Wealth
Management has processed four times the number of investments
compared to before the platform's launch, with no increases in
their operations staff or expenses.
"Artivest is thrilled to help RBC Wealth Management expand their
alternative investment offerings to financial advisors and
high-net-worth clients," said James
Waldinger, Founder and CEO of Artivest. "We look forward to
our continued partnership as they continue to grow their
alternative investments business."
About RBC Wealth Management-U.S.
In the United States, RBC Wealth Management
operates as a division of RBC Capital Markets, LLC. Founded in
1909, RBC Capital Markets, LLC. is a member of the New York Stock
Exchange, the Financial Industry Regulatory Authority, the
Securities Investor Protection Corporation, and other major
securities exchanges. RBC Wealth Management has $336 billion in total client assets with
approximately 1,800 financial advisors operating in 200 locations
in 40 states. For more information about RBC Wealth
Management-U.S., visit http://www.rbcwealthmanagement.com/
About Artivest
An award-winning financial technology
firm, Artivest is powering the future of alternative investing. The
end-to-end Artivest platform connects a wider audience of qualified
investors and their advisors with leading alternative investment
strategies offered by top-ranked hedge fund, private equity,
managed futures, and real asset managers across the globe.
Artivest's customized, integrated, and streamlined solutions enable
a seamless experience platform-wide, for affluent individuals,
financial advisors, and asset management firms. In 2017, Artivest
was named to CB Insight's "Fintech 250," which recognizes the top
emerging financial technology firms in the world. For more
information, please visit Artivest.co.
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SOURCE RBC Wealth Management - U.S.
