Addepar launches alts marketplace
May 5, 2020
Louis Diamond Quoted
By Ian Wenik
Addepar is rolling out a new offering to help financial advisors to access alternative investments.
Adding access to private funds may be a natural extension of Addepar’s ties to the ultra-high net worth space, explained Louis Diamond, an executive vice president at advisor recruiting and consulting firm Diamond Consultants.
‘Private investments are a hallmark of just about every ultra-high net worth firm and there’s lots of intersection between Addepar’s clientele and a service like this,’ he said.