Alternative Investments Platform Of The Year: CAIS, Crystal Capital And iCapital

Michael Madden, Contributing Editor & Research Analyst, Wealth Solutions Report

CAIS, Crystal Capital Partners And iCapital Win WSR Wealth Exemplar Awards For Alternative Investment Platform Of The Year

The WSR Wealth Exemplar Awards for Alternative Investments Platform of the Year go to the top three firms that provide a platform for helping financial advisors align alternative assets with their retail investor clients. There is a minimum asset level of $10 billion.


Matt Brown, Founder, Chairman & CEO, CAIS

Supporting over 7,400 advisor firms and teams that oversee over $3 trillion in network assets, CAIS is among the largest alternative investment platforms in the industry, providing not only a platform for financial advisors and asset managers to transact, but supplementary services in education and due diligence. 

The firm’s modular, mobile-friendly educational service teaches advisors about alternative investments while offering CE credits and Mercer provides due diligence services on all its funds.

The firm received numerous capital injections this year, including $225 million by Apollo, Franklin Templeton and Motive Partners, $100 million from Reverence Capital Partners and an undisclosed amount from Hamilton Lane.

Crystal Capital Partners

Steven Brod, CEO, Crystal Capital Partners

With over $1 trillion in collective assets managed by the funds on its platform and partnerships with over 200 advisory firms, Crystal Capital Partners has achieved 20% AUM growth over the past two years, and a 32% growth in advisory relationships on Nov. 22 as compared to the start of 2022. 

Crystal’s founders began investing in private funds in 1994, and the firm now offers thousands of advisors access to institutional private funds, including private equity, private credit, special purpose vehicles and hedge funds.

The firm builds its reputation on providing a conflict-free manager selection process, receiving no compensation from the managers on its platform or placement fees for distribution. The firm’s software allows advisors to create diversified, institutional portfolios to complement the clients’ other investments and replicate the Ivy League endowment model. 


Lawrence Calcano, Chairman & CEO, iCapital

Serving over $148 billion in client assets across over 1,150 funds, including approximately $32 billion from international investors, iCapital provides its platform to over 1,300 investment advisors and 300 family offices and wealth management firms.

Funded by a large group of prominent Wall Street and global investors such as Goldman Sachs, PingAn, UBS, Bank of America and Temasek, the company provides its platform solutions as a white-label service to 167 firms.

The firm also provides educational materials for advisors as well as due diligence, compliance and portfolio analytics capabilities.

Michael Madden, Contributing Editor & Research Analyst at Wealth Solutions Report, can be reached at

1 comment

Comments are closed.

Related Posts
Natalie Wolfsen, CEO, Orion
Read More

Natalie Wolfsen: WSR Wealth Exemplar Awards Person Of the Year

Orion CEO Natalie Wolfsen Speaks With WSR About How Her Career Prepared Her For The New Role, Her Top Business Priorities And Goals For Orion In 2024, And How The Wealth Management And Wealthtech Landscape Has Evolved During Her Career

Sign Up for Our Newsletters

Sign Up for Our Newsletters