The document outlines iCapital Advisors, LLC's Form ADV Part 2A, detailing the management fees, collaboration agreements, custody rules, and investment discretion policies. It discusses compensation arrangements with Fidelity Brokerage Services LLC and National Financial Services LLC, potential conflicts of interest, and custody requirements for client funds. It also covers the firm's discretionary authority in investment decisions and the guidelines governing fund management.
doj/DataSet10/EFTA01393536.pdf
{"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":["DB-SDNY-0099144","SDNY_GM_00245328","EFTA01393536"]}