Top Takeaways from Orion Ascent 2024 The AltExchange team had the pleasure of attending the 2024 Orion Ascent Conference in San Diego, California last week. The annual conference brings together the industry’s top financial advisors, innovators, and leaders – and we were thrilled to take part. This year’s conference focused on how to be unstoppable in wealth management. Among many key topics, we’re breaking it down into a few simple highlights. Here are the top three takeaways from Orion Ascent 2024 on how to be an unstoppable advisor. Orion Ascent 20241. Choose and Use the Right Technology Te ..read more

AltExchange Integrates with Juniper Square to Connect Private Investment Asset Managers Directly to Financial Advisors AltExchange has integrated with Juniper Square to streamline the transfer of data from asset managers to financial advisors, unlocking new possibilities for offering private investment funds and providing a superior reporting experience for advisors and their clients. This integration with Juniper Square serves as a pivotal bridge between asset managers and financial advisors. The synergy between these platforms enables asset managers to effortlessly share critical investment ..read more

As the financial services landscape continues to evolve, choosing the right technology is one of the most valuable and necessary steps for financial advisors seeking to win over high-net-worth clients. What do advisors need to consider when choosing technology to serve the wealthy? Here’s what advisors need to understand about wealthy investors, and how advisors can effectively utilize technology to attract and cater to high-net-worth clients. Source: UnsplashUnderstanding High-Net-Worth Investors: The Importance of Alternative Investments One particular area of interest for affluent investor ..read more

As the financial landscape evolves in 2024, financial advisors are presented with a historic opportunity to attract, win, and serve ultra-high-net-worth clients. The impending Great Wealth Transfer, estimated to transfer $84 trillion in assets from 2023 to 2045, is set to reshape the client base.  However, with this unprecedented wealth transition comes a challenge: a potential 70 to 88% turnover in financial advisors, according to Nasdaq. The key to success lies in understanding the crucial role of alternative investments in the portfolios of wealthy clients. Source: UnsplashWhy Wealthy ..read more

Catering to Ultra-High Net Worth (UHNW) clients requires more than traditional investment management; it demands a deep understanding of their unique position, needs, and expectations. These clients are not merely seeking wealth management services; they are searching for a holistic approach that aligns with their distinct financial goals and aspirations. Here, we delve into the key insights that financial advisors should keep in mind when navigating the world of UHNW clients, and how to win and keep them. 1. Alternative Investments: The 50% Rule For UHNW investors, alternative investments of ..read more

The Securities and Exchange Commission (SEC) recently introduced new regulations that have significant implications for private fund managers aimed at enhancing transparency and investor protection. Here’s are three major updates that asset managers and their teams need to know, and how AltExchange’s Digital Custodian Platform can help you meet them. 1. Fund advisers must provide quarterly statements One of the most notable changes introduced by the SEC is the requirement for private fund advisers to provide quarterly statements to investors. This initiative seeks to boost transparency b ..read more

In today’s rapidly evolving financial landscape, data has become the lifeblood of successful decision-making for Registered Investment Advisors (RIAs).  However, recent research indicates that less than half of financial advisors report satisfaction with their existing data delivery tools. In fact, only 43% of RIAs are satisfied with their data delivery tools. (Source: F2 Strategy) The growing demand for modern and efficient data solutions highlights the need for innovation in this crucial aspect of the advisory process. Let’s delve into the challenges faced by RIAs, the importance of emb ..read more

In the financial advisory services landscape, fee structures are undergoing a transformation. The traditional Assets Under Management (AUM) fee model, long the bedrock of compensation for advisors, is facing competition from alternative fee models that offer greater flexibility, transparency, and alignment with clients’ evolving needs. As the financial advisory industry continues to evolve, advisors are increasingly considering alternative fee models to enhance their client relationships and adapt to changing market dynamics. The Shift Toward Alternative Fee Models The shift toward alternativ ..read more

As the financial landscape continues to evolve, so do the needs and preferences of investors. One generation that is commanding attention from financial advisors is the Millennial generation. Born between 1981 and 1996, Millennials are the largest living generation and are projected to inherit substantial wealth in the coming years. To effectively engage and serve this influential group, financial advisors must understand their unique characteristics and tailor their services accordingly. In this article, we explore key strategies for attracting and better serving millennial clients. Embrace ..read more

In the realm of investment strategies, alternative investments have gained recognition for their ability to diversify portfolios and potentially generate higher returns. Financial advisors are constantly exploring opportunities beyond traditional asset classes to help clients achieve their financial goals. In this blog post, we will delve into five alternative investment options: real estate, private equity, life insurance, hedge funds, and private debt. By understanding the unique characteristics and benefits of these alternatives, financial advisors can engage in meaningful discussions with ..read more