The document is a Form ADV Part 2A from iCapital Advisors, LLC, detailing their investment advisory services, compensation arrangements, custody of client funds, and investment discretion. It discusses the allocation of management fees to broker-dealers or registered investment advisors, collaboration with Fidelity Brokerage Services LLC, and the custody rule compliance for fund-of-funds. It also outlines iCapital's discretionary authority in investment decisions.
doj/DataSet10/EFTA01391922.pdf
{"key_people":["Glenn Warren"],"document_type":"legal","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":["DB-SDNY-0097039","SDNY_GM_00243223","EFTA01391922"]}