Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Form ADV Part 2A
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is Form ADV Part 2A from iCapital Advisors, LLC, outlining their brokerage practices, account review process, and client referral compensation. It details how iCapital selects brokers, reviews fund performance, and handles client referrals and placement fees.
Metadata
- Subject
- Brokerage Practices, Review of Accounts, Client Referrals and Other Compensation
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0038679, SDNY_GM_00184863
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| iCapital Advisors, LLC | affiliate | iCapital Securities, LLC | iCapital Securities, LLC is an affiliate of iCapital Advisors, LLC. |
| Direct Access Fund | business | Sub-Adviser | iCapital has selected a Sub-Adviser that had been delegated trading authority on behalf of the applicable Direct Access Fund. |
Notable Quotes 2
In seeking to achieve best execution, iCapital will not be obligated to obtain the lowest commission or best net price for a Private Access Fund in respect of any particular transaction.
A Sub-Adviser may use "soft dollar" credits generated by a Direct Access Fund's securities transactions with broker-dealers to pay for research and execution products or services that fall within the safe harbor created by Section 28(e) of the Securities Exchange Act of 1934.
Financial Information
Assets:
- Interests of the Funds
Transactions:
- Placement fees generated from an investment by a Private Access Fund in an Underlying Fund will be paid to iCapital Securities by an Underlying Fund Manager (or its affiliates).
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsLegal matters/litigation
People 1
Organizations 5
iCapital Advisors, LLCPrivate Access FundsDirect Access FundiCapital Securities, LLCUnderlying Fund Manager
Text Analysis
- Tone
- Professional
- Purpose
- To provide information about iCapital's brokerage practices, account review process, and client referral compensation.
- Significance
- This document outlines iCapital's policies regarding brokerage practices, account reviews, and compensation for client referrals, providing transparency to investors.
File Info
- File Name
- EFTA01354085.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:34.442291
- DOJ Source
- View on DOJ