Internship

Business Development and Relationship Management – Intern

Updated on 12/19/2024

iCapital Network

iCapital Network

1,001-5,000 employees

Connects advisors with alternative investment opportunities

Fintech
Financial Services

Compensation Overview

$41Hourly

+ Relocation Stipend + Transportation Stipend

No H1B Sponsorship

New York, NY, USA

Requires in-office presence in New York City five days a week for the duration of the internship.

Category
Business Development
Business & Strategy
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • A rising junior or senior in a U.S. college/university bachelor’s degree program
  • Committed to working five days a week in the New York City office for the entire duration of the internship
  • Authorized to work in the United States
  • Technologically proficient in Microsoft Office (Excel, PowerPoint)
  • Strong verbal and written communication skills
  • Possess foundational knowledge of and/or genuine interest in the financial markets
  • Highly inquisitive, collaborative, and a creative problem solver
  • Able to thrive in a fast-paced environment
  • Able to adapt to new responsibilities and manage competing priorities
Responsibilities
  • Assist in the development and maintenance of relationships with RIAs, aggregators, and independent wealth platforms; support team as needed, providing feedback for continuous improvement.
  • Actively participate in platform and system demonstrations for prospective clients.
  • Contribute to the preparation of Requests for Proposals (RFPs), ensuring accuracy.
  • Collaborate closely with Relationship Managers, Sales teams, and Executives to understand market trends and contribute insights to the development of sales strategies.
  • Assist in the identification of business development opportunities.
  • Contribute to the development and improvement of frameworks and processes for effective team management, fostering a culture of efficiency and collaboration.

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

12%

1 year growth

40%

2 year growth

65%
Simplify Jobs

Simplify's Take

What believers are saying

  • iCapital's global expansion includes partnerships in Latin America and Asia.
  • The platform benefits from increased demand for digital wealth management solutions.
  • iCapital's integration of AI enhances its analytics and decision-making tools.

What critics are saying

  • Intensifying regulatory scrutiny could increase compliance costs for iCapital.
  • Competition from other fintech platforms may erode iCapital's market share.
  • Economic instability in Latin America may affect iCapital's partnership with UnicornSP.

What makes iCapital Network unique

  • iCapital offers a curated menu of private equity and hedge funds.
  • The platform simplifies alternative investments for high-net-worth clients.
  • iCapital provides robust educational resources and compliance tools for advisors.

Help us improve and share your feedback! Did you find this helpful?

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