{"id":470359,"date":"2026-06-10T14:50:16","date_gmt":"2026-06-10T14:50:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/470359\/"},"modified":"2026-06-10T14:50:16","modified_gmt":"2026-06-10T14:50:16","slug":"dynasty-elevates-allocate-for-private-markets-for-advisors","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/470359\/","title":{"rendered":"Dynasty Elevates Allocate for Private Markets for Advisors"},"content":{"rendered":"

Dynasty Financial Partners, the St. Petersburg, Fla.-based\u00a0support platform<\/a> used by about 725 financial advisors, has chosen the Silicon Valley startup Allocate as a recommended private markets investment provider and platform for its network.<\/p>\n

Dynasty\u2019s decision comes as many registered investment advisors are considering how to incorporate private-market investing for clients, particularly amid piqued interest spurred by pending public offerings by SpaceX, OpenAI and Anthropic<\/a>.\u00a0<\/p>\n

Dynasty has been working with Allocate since 2022, said firm co-founder and CEO Samir Kaji. The new setup will elevate Allocate to Dynasty\u2019s advisors, enabling them to either invest clients through a curated list of options or create their own investment mix for one or multiple clients.<\/p>\n

\u201cWe\u2019re still very early in the adoption phase,\u201d Kaji said. \u201cIf you look at the average RIA, they\u2019re about 3% in alts. Let\u2019s say it grows to 10%. That\u2019s $3.7 trillion moving over. We\u2019re helping to ease the friction of actually enabling that next trillion dollars of flows.\u201d<\/p>\n

Related:Edelman Loses Mariner Trade Secret Suit<\/a><\/p>\n

Dynasty offers other private-market investing options for advisors, according to a spokesperson. But Allocate will be a preferred vendor and will work with Dynasty to evolve and update the products.<\/p>\n

\u201cDynasty has partnerships with multiple alternatives marketplaces and private market solutions providers,\u201d the spokesperson wrote via email. \u201cThis expanded partnership with Allocate solidifies them as a preferred partner to Dynasty and its network of advisors for private market access, custom fund services, and data management solutions.\u201d\u00a0<\/p>\n

Kaji co-founded Palo Alto-based Allocate after spending over a decade at First Republic Bank and Silicon Valley Bank, where he specialized in private market investing.\u00a0<\/p>\n

One priority was to create a curated platform of private-market investment options, rather than \u201ca marketplace of 1,000 funds\u201d with a \u201chuge dispersion of returns.\u201d A second was to create a more streamlined investment process from subscribing to a fund to doing a fast cash flow analysis for clients.\u00a0<\/p>\n

\u201cIt\u2019s really modernizing the technology on top of being able to offer these hard-to-access opportunities,\u201d he said.\u00a0<\/p>\n

Kaji said advisors can invest clients in single opportunities through Allocate\u2019s marketplace, which has minimums as low as $75,000. The more common option for Dynasty advisors, he said, will be to create a basket of private fund investments across one or more asset classes for clients, similar to a \u201cmodel portfolio approach.\u201d\u00a0<\/p>\n

\u201cThat is a huge trend within wealth management, as it\u2019s become clear clients don\u2019t want to hear from their advisor 20 times a year with different deals,\u201d Kaji said. \u201cIt\u2019s just too much, and almost violates that trusted fiduciary relationship between the two sides.\u201d\u00a0<\/p>\n

Related:AlphaCore Adds a $1B Colorado-based RIA Elk River<\/a><\/p>\n

Allocate earns fees from clients investing in its products. It also charges a subscription fee for advisors to use its centralized platform to monitor and track clients\u2019 investments and pull in information from other data sources.\u00a0<\/p>\n

There is no shortage of private market options for RIAs, as providers clamor to be the solution of choice.\u00a0<\/p>\n

On Monday, Birmingham, Ala.-based RFG Advisory entered into a partnership with private market fintech iCapital<\/a> to give its advisors access to investments, including private equity, private credit, hedge funds and structured investments. iCapital\u2019s platform is designed for \u201csingle sign-on\u201d and unified viewing across investment options.\u00a0<\/p>\n

During a BNY INSITE conference in Colorado last week, the CEO of ETF issuer WisdomTree, Jonathan Steinberg, said the firm is focused on ETFs with private market exposure<\/a> that will be the next evolution of the investment option, vastly easing the path for advisors and retail investors to engage in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"Dynasty Financial Partners, the St. Petersburg, Fla.-based\u00a0support platform used by about 725 financial advisors, has chosen the Silicon…\n","protected":false},"author":2,"featured_media":470360,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":["post-470359","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/470359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=470359"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/470359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/470360"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=470359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=470359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=470359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}