The document outlines iCapital Advisors, LLC's Form ADV Part 2A, detailing the firm's 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 the custody of client funds. The document also covers the firm's discretionary authority in investment decisions and the guidelines governing fund management.
doj/DataSet10/EFTA01391000.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-0095712","SDNY_GM_00241896","EFTA01391000"]}