Full-Time

National Accounts

Alternative Investments Distribution, Assistant Vice President / Vice President

Posted on 7/30/2024

iCapital Network

iCapital Network

1,001-5,000 employees

Connects advisors with alternative investment opportunities

Fintech
Financial Services

Compensation Overview

$125k - $200kAnnually

+ Equity + Bonus

Senior, Expert

New York, NY, USA

Employees must work in the office four days a week, with one day of remote flexibility.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Salesforce
Marketing
Requirements
  • 7+ years of experience placing complex products with RIAs and independent firms
  • Bachelor’s degree
  • Working knowledge of RIA and independent firm ecosystems from a sales, custodial, product, and research perspective; Intermediate knowledge of alternative investment products and asset classes
  • Able to multi-task and maintain a positive attitude and high-performance level with demanding and time sensitive initiatives
  • Effective verbal and written communication skills
  • Series 7 and 63 licenses
Responsibilities
  • Work with research, product, and platform leaders at key clients to introduce iCapital’s Marketplace and Curated Menu of investment offerings.
  • Become a trusted partner to key clients and work with iCapital Enterprise level relationship managers to deliver a unified best-in-class client and advisor experience.
  • Own product and platform rollouts coordinating across General Partners, key clients, and iCapital regional sales team members to maximize sales opportunity.
  • Create and maintain active SWOT documentation for each key client and establish routines to support each relationship.
  • Develop key client collateral independent of, or in partnership with iCapital’s Marketing team to support our field-based sales efforts.
  • Document all client focused activities via CRM (Salesforce).
  • Regular travel expected for key client support and prospecting activities.

iCapital Network connects financial advisors with high net worth investors to provide access to alternative investment opportunities, such as private equity, hedge funds, and real estate. Their platform simplifies the investment process, making it easier for affluent clients to diversify their portfolios and seek higher returns. iCapital offers a comprehensive solution that includes access to curated investment options, educational resources, and support services. They generate revenue through various fees based on the assets managed or invested through their platform. What sets iCapital apart from competitors is their focus on delivering a seamless user experience and a strong emphasis on educating clients about the risks and benefits of alternative investments.

Company Stage

Late Stage VC

Total Funding

$662M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

2%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • iCapital's partnerships expand access to alternative investments in Asia and Latin America.
  • The platform benefits from increased demand for digital wealth management solutions.
  • iCapital's focus on ESG investing aligns with current market trends.

What critics are saying

  • Competition from fintech platforms like Moonfare and Yieldstreet could erode market share.
  • Regulatory challenges may arise from expansion into Latin American markets.
  • Reliance on partnerships poses risks if partners develop competing platforms.

What makes iCapital Network unique

  • iCapital offers a curated menu of private equity, credit, and hedge funds.
  • The platform simplifies alternative investments with lower minimums and digital workflows.
  • iCapital provides extensive advisor education and compliance tools for wealth managers.

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Benefits

COmprehensive benefits package - Salary, Equity, Annual Performance Bonus, Employer Matched Retirement Plan

Generally Subsidized Healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling

Unlimited PTO

Parental Leave

INACTIVE