The firm said the move reflects the fact that larger and larger RIAs and breakaway teams are joining its network, with Limited Partnerships in hedge funds and private equity increasingly forming a core part of their asset allocation.

Dynasty Financial Partners has linked up with iCapital Network to launch Dynasty Select, offering access to private equity funds, hedge funds and direct investments.

The new platform also provides processing and administrative solutions for RIAs and dually-registered advisors with their own roster of alternative managers already.

Key features of the platform, which is accessible through the Dynasty Desktop, include:

• Private LP investments – access to private equity, hedge, credit, real estate and venture capital LP funds with investment minimums as low as $100,000, as well as a menu of direct investment opportunities;
• Research – recommended target funds, diligence reports, fund presentations and benchmarking tools and data;
• Video feeds – hear directly from general partners about their strategies, track records, deal sourcing, competitive landscape and case studies;
• Execution – seamless process allows advisors to reserve client commitments, generate pre-filled subscription documents, collect electronic signatures and manage capital calls;
• Reporting – indicating capital called, amount remaining to be called and value of investments; and
• Solutions – dedicated feeder funds allowing RIAs to aggregate client commitments into a single position with administrative and investor relations support.

Family Wealth Report recently caught up with the chief executive at Dynasty Financial Partners about the firm's success and how this reflects the evolving wealth management landscape - read the interview here.