The document is a Form ADV Part 2A for iCapital Advisors, LLC, detailing their investment management practices, compensation arrangements, custody rules, and investment discretion. It discusses the allocation of management fees to broker-dealers or registered investment advisors, collaboration with Fidelity Brokerage Services LLC, and custody requirements for client funds. It also outlines iCapital's discretionary authority in making investment decisions for the Funds.
documents/vol00010-efta01354086-pdf.pdf
{"key_people":["Henry Nicholas"],"document_type":"financial","document_subtype":"Form ADV Part 2A","key_organizations":["iCapital Advisors, LLC","iCapital Securities","Fidelity Brokerage Services LLC","National Financial Services LLC","Institutional Capital Network, Inc."],"reference_numbers":["GLDUS143"]}