EFTA01389602.txt Text dataset_10 View on DOJ

Illegal Activity
none
Blackmail
none
Date
1934
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is Form ADV Part 2A from iCapital Advisors, LLC, outlining their brokerage practices, account review processes, and client referral/compensation structures. It details how iCapital selects brokers, reviews fund performance, and handles client referrals, emphasizing transparency and adherence to regulatory guidelines.
Metadata
Subject
Form ADV Part 2A
Sender
Recipients
Document ID
DB-SDNY-0093965, SDNY_GM_00240149
Date
1934
Relationships 2
Entity 1RelationshipEntity 2Description
iCapital Securities, LLC affiliate iCapital Advisors, LLC iCapital Securities, LLC is an affiliate of iCapital Advisors, LLC.
iCapital Securities business Underlying Fund Manager 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).
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 flowLegal matters/litigationBusiness dealings
Organizations 6
GLDUS132 EverVVatch FinancialiCapital Advisors, LLCiCapital Securities, LLCPrivate Access FundsDirect Access FundUnderlying Fund Manager
Text Analysis
Tone
Professional
Purpose
To provide information about iCapital Advisors' brokerage practices, account reviews, and client referrals and other compensation.
Significance
This document outlines the brokerage practices and compensation structures of iCapital Advisors, providing transparency to investors.
File Info
File Name
EFTA01389602.txt
Dataset
dataset_10
Type
Text
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43:02.601617
DOJ Source
View on DOJ