Kestra Financial Deepens iCapital Partnership to Strengthen Offerings
Kestra Financial, a prominent wealth management platform, is taking the next step in building out its alternative investment lineup. By expanding its strategic partnership with iCapital, a leading fintech platform focused on alternatives, Kestra aims to deliver more value to its advisors—and, by extension, to their clients.
Broader Access to Alternative Investments
Kestra and iCapital have spent the past five years working side by side to equip advisors with tailored technology for alternative investments. This latest stage of the collaboration is designed to make the entire experience more seamless, with an expanded range of products and a smoother path from research to execution.
A Wider Shelf of Alternatives
Kestra Financial’s enhanced lineup will include private equity, hedge funds, infrastructure, real estate, and private credit. The goal is to reduce barriers and lower minimums where possible so more clients can consider these strategies alongside traditional portfolios.
Smoother, More Informed Workflows
With iCapital’s technology integrated more deeply, advisors get real-time updates and richer, more detailed information on the alternatives available. In practice, that means timely insights, easier access to research materials, and fewer manual steps—giving both advisors and clients a clearer view as they weigh decisions.
Putting Time Back in Advisors’ Day
Administrative work takes time. By streamlining those tasks, the new features free up Kestra Financial advisors to focus on what matters most: client conversations, planning, and follow-through. That extra time can strengthen relationships and support better outcomes, one client at a time.
Leadership Perspectives
John Amore, Executive Vice President of Wealth Management at Kestra Financial, expressed enthusiasm for the enhanced offerings, stating, "We are excited to enhance our alternative investment offerings through our partnership with iCapital. These new capabilities highlight our commitment to empowering advisor success by equipping them with the tools needed to deliver exceptional value and service to their clients."
Steve Houston, Managing Director and Co-Head of iCapital Solutions, added, "We are honored to expand our strategic partnership with Kestra Financial, leveraging iCapital’s technology to simplify private markets investing. With enhanced integration of these new capabilities, Kestra’s financial advisors now have access to a comprehensive platform for alternative investments, making it easier to research, market, and transact."
About Kestra Financial
Founded in 1997 and headquartered in Austin, Texas, Kestra Financial is a leading independent wealth management platform. As part of Kestra Holdings, the firm focuses on empowering independent financial professionals and hybrid registered investment advisors (RIAs) with personalized support and integrated business management technology.
Kestra Financial’s collaborative community brings together like-minded professionals who share a commitment to client service. Backed by a culture of innovation, the firm has built technology that helps advisory practices work more efficiently and scale with confidence.
Today, the firm oversees over $103 billion in assets under advisement and serves more than 1,700 independent financial professionals. Its priority is consistent, high-quality service that supports growth while helping advisors meet client needs effectively.
The division encompasses multiple services, including Kestra Private Wealth Services, Kestra Advisory Services, and Kestra Investment Services, all members of FINRA/SIPC. Securities are offered through registered representatives of Kestra Investment Services, while investment advisory services are delivered through appropriately licensed representatives of Kestra Advisory Services or Kestra Private Wealth Services.
Frequently Asked Questions
What’s changing in the Kestra Financial–iCapital partnership?
Kestra Financial is expanding its collaboration with iCapital to strengthen alternative investment access and improve the overall advisor experience through deeper technology integration.
Which alternative investments are included?
The expanded menu spans private equity, hedge funds, infrastructure, real estate, and private credit, giving advisors a broader set of options to consider for clients.
How will advisors benefit day to day?
The partnership is designed to streamline administrative work, reduce friction in the process, and give advisors more time to focus on client goals and ongoing service.
What technology enhancements should advisors expect?
Advisors will see real-time updates, deeper product information, and easier access to research—along with a simplified subscription process that helps move from interest to action.
How much in assets does Kestra Financial oversee?
Kestra Financial oversees more than $103 billion in assets under advisement and supports a large network of independent financial professionals.