Sanctuary Wealth announces the launch of a customized alternative investment platform for its member firms, streamlining the complexities of managing alternative investments through their entire lifecycle, according to the company’s release.
The company explains that Sanctuary’s customized alternative investment platform, powered by +SUBSCRIBE, offers an innovative digital experience for product menu centralization, product training and education, investor onboarding, electronic subscription documents, compliance controls and fully integrated ordering workflows.
Advisors are thus empowered to quickly and «automagically» make an investment in any alternative investment fund, and easily manage client positions through the investment life cycle on a single software solution, the firm said.
«With our new platform, Sanctuary Wealth becomes the first hybrid RIA to offer this kind of digital access to alternative investments, where everything has been sourced and vetted by our own team rather than outsourced to a third-party vendor,» said Jim Dickson, CEO and Founder of Sanctuary Wealth.
Patrick McGowan, Managing Director and Head of Alternative Investments for Sanctuary Wealth added: «We spend a lot of time on the sourcing and diligence side to form a compelling pipeline of offerings across private equity, private credit, and real assets focusing on both emerging and leading fund managers, and across open-ended and drawdown strategies.»
«By using our technology, Sanctuary has delivered a custom alternative investment platform that integrates with any fund manager, third-party custodian, reporting provider, or other vendor to ensure an easy and seamless workflow,» added Rafay Farooqui, Founder and CEO of +SUBSCRIBE. «We are thrilled to partner with them on this important private markets initiative.»