Mercury Capital Advisors has launched Mercury iFunds, an end-to-end, digital solution offering RIAs, family offices and other wealth advisers a broad range of alternative investments across the liquidity spectrum.
The mobile-responsive fintech platform of curated institutional-quality offerings is the only digital platform operated by a global capital intermediary having relationships with over 2,500 of the largest institutions in the world including sovereign wealth funds, pension funds, insurance companies and endowments.
Mercury is now providing the RIA community, family offices, and other wealth advisers transparent institutional pricing and exclusive access to alternatives across 18 different investment categories.
An investment through the Mercury iFunds platform gives investors exposure to private funds with a minimum subscription of USD100,000, significantly less than that typically required by the underlying managers.
"Fintech is driving the extinction of inefficient marketing practices, excessive distribution pricing, and obsolete information delivery systems in the alternatives space. The private wealth community can now easily and cost-effectively access curated, leading-edge alternative investments in manageable increments. The Mercury iFunds platform provides cyber-security through DocuSign and is seamlessly integrated into client portfolios through the largest custodians in the world," says Michael Ricciardi (pictured), CEO and co-founder of Mercury Capital Advisors Group.
RIAs subscribing on behalf of their clients to Mercury iFunds may invest with as many managers as they select from a diversified, market-agnostic menu of product verticals including hedge funds, real estate, private equity, impact investing, venture capital, infrastructure, credit, distressed, pre-IPO and long-only opportunities. Multiple subscriptions may be made through a single, logic-rich document, generating one aggregated K1 worksheet.