Monthly Alts Pulse Ep. 16: Live from iCapital Connect - the technology perspective of model portfolios and UMAs with GeoWealth and iCapital

Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets

Welcome to the 16th episode of the Monthly Alts Pulse, a collaboration between iCapital x Alt Goes Mainstream.

We were live from iCapital Connect’s conference in Phoenix to announce a ground-breaking partnership in private markets: a collaboration between BlackRock, iCapital, and GeoWealth, where models that include both public and private markets exposure through a unified managed account (UMA) are now available to advisors.

I sat down with Jack Hannah, the President & COO of GeoWealth, and Michael Doniger, SVP, Partnerships at iCapital, to discuss the technology and market structure innovation of the UMA and how private markets can play a role in model portfolios.

In this live, unscripted episode, Jack, Michael, and I had a fascinating and lively discussion. We covered:

• An introduction to the partnership between BlackRock, iCapital, and GeoWealth.
• Incorporating private markets into UMAs.
• The private markets integration workflow.
• Customization and “sleeving” in UMAs.

Thanks Jack and Michael for a great episode … looking forward to next month’s Monthly Alts Pulse conversation!

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Show Notes
00:00 Introduction and Guest Welcome

00:34 Evolution of UMAs in Private Markets

01:03 Incorporating Alternatives into UMAs

01:32 Private Markets Integration Workflow

02:41 Challenges and Solutions in UMA Implementation

03:32 Customization and Sleeving in UMAs

04:32 Client-Centric Solutions and Advisor Needs

05:21 Early Adoption of Private Market Solutions

06:17 Building a Robust Model Marketplace

08:37 Future of Model Portfolios and UMAs

13:10 Post-Investment Processes and Technology

14:17 Data Solutions and Performance Reporting

15:06 Growth Projections for UMAs and Private Markets

16:09 Conclusion and Final Thoughts

16:12 Closing Remarks and Thank You