Arrangement with Artivest provides financial advisors and qualified investors with access to premier alternative strategies
MINNEAPOLIS, May 29, 2018 /PRNewswire/ - RBC Wealth
Management-U.S., one of the nation's largest full-service wealth management firms, is taking some of the mystery and difficulty
out of alternative investing with a new digital alternative investment platform for high-net worth clients.
Developed in partnership with Artivest, an award-winning alternative investment management and technology solutions provider,
RBC Wealth Management's cloud-based investment platform gives financial advisors and their clients access to leading private
equity and hedge funds across sectors, stages and styles. The platform also provides a streamlined process to complete the
investment subscription process making it easier to bring alternatives into investors' portfolios.
"In today's volatile, yet innovative, global markets, alternative investments play an important role in building successful
and diversified portfolios for high-net-worth investors," said Bryan Mullin, Head of alternative
investments at RBC Wealth Management – U.S. "Through this new platform, our financial advisors have access to an even wider array
of solutions to help meet the investment objectives and goals of their qualified clients."
Alternative investments have historically been difficult for financial advisors to offer to qualified clients for three
primary reasons: high investment minimums; a tedious, paper-intensive subscription process; and non-transparent, inaccessible
fund data. RBC Wealth Management entered into this arrangement with Artivest to address these barriers, bringing the benefits of
alternatives to high-net-worth individuals; a streamlined, online subscription process, and accessible fund information and
analytics.
Since launching the alternative investments platform, RBC Wealth Management has processed four times the number of investments
compared to before the platform's launch, with no increases in their operations staff or expenses.
"Artivest is thrilled to help RBC Wealth Management expand their alternative investment offerings to financial advisors and
high-net-worth clients," said James Waldinger, Founder and CEO of Artivest. "We look forward to
our continued partnership as they continue to grow their alternative investments business."
About RBC Wealth Management-U.S.
In the United States, RBC Wealth Management operates as a division of RBC Capital
Markets, LLC. Founded in 1909, RBC Capital Markets, LLC. is a member of the New York Stock Exchange, the Financial Industry
Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management
has $336 billion in total client assets with approximately 1,800 financial advisors operating in
200 locations in 40 states. For more information about RBC Wealth Management-U.S., visit http://www.rbcwealthmanagement.com/
About Artivest
An award-winning financial technology firm, Artivest is powering the future of alternative investing. The end-to-end
Artivest platform connects a wider audience of qualified investors and their advisors with leading alternative investment
strategies offered by top-ranked hedge fund, private equity, managed futures, and real asset managers across the globe.
Artivest's customized, integrated, and streamlined solutions enable a seamless experience platform-wide, for affluent
individuals, financial advisors, and asset management firms. In 2017, Artivest was named to CB Insight's "Fintech 250," which
recognizes the top emerging financial technology firms in the world. For more information, please visit Artivest.co.
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SOURCE RBC Wealth Management - U.S.