Mirador, LLC

Impact investing is growing, driven by the next generation seeking positive social and environmental impact alongside financial returns. The impact investing market is growing among family offices and high-net-worth individuals. Setting an impact investment course with others who have made this journey can help navigate pitfalls. The surge in impact investing reflects a wider recognition of the importance of impactful, sustainable, and socially responsible investment strategies. As more wealth owners and family offices share their experiences, the industry may attract more aspiring impact investors. Read more from the Forbes article written by Francois Botha below: https://lnkd.in/erDHF23X #FamilyOffice #UHNW #ImpactInvesting #sustainability

The family office sector has grown rapidly, managing an estimated $5.9 trillion in assets worldwide. However, it faces risks such as wealth transfer challenges, increased investments in riskier markets, and geopolitical tensions. The article states, “According to Citi’s Family Office and Investment Report for the first quarter, there were larger allocations to private equity across all regions.” Despite these risks, wealth managers believe the sector will continue to grow and play a larger role in the financial system. Learn more in the Financial Times article by David Oakley below: https://lnkd.in/ebC33uU9 #FamilyOffice #UHNW #WealthManagement #FinancialReporting

Mirador, LLC is in our #Alts era! Taylor Swift and her career can be likened to an alternative investment in several ways. Just like alternative investments, her success is not tied to traditional markets, she demonstrates high growth potential through her ability to reinvent herself, and her ownership of music masters contributes to limited availability and potential value appreciation. Swift's active management of her career, intangible value, long-term investment strategy, emotional connection with fans, and constant innovation and adaptation also parallel the characteristics of alternative investments. Read the full insightful and fun Forbes article written by Frederick Hubler here: https://lnkd.in/eZTvPc7u #AlternativeInvestments #TaylorSwift

As more individual investors try to figure out how to add alternative investments to their portfolios, fund managers are innovating on simpler fund structures. Evergreen funds can be a straightforward choice for investors seeking private credit and real estate exposure. Unlike traditional drawdown funds, evergreen products offer continuous capital raising, lower minimums, regular liquidity options and simplified tax reporting, and are becoming an important part of the alternative investment offering into the wealth management channel. Learn more from iCapital’s recent release by Kunal Shah and Owen Boyle, CAIA here: https://lnkd.in/eqE3j3-g #EvergreenFunds #AlternativeInvestments #Investors #RealEstate #Credit

Portfolio diversification is a core strategy for managing risk and offering broader market segment exposure. This excellent article in Financial Advisor Magazine by Larry Swedroe explores concentrated stock positions, reasons for their existence, historical perspective, and their ramifications. In the end, he concludes that concentrated stock positions continue to be a "loser's game". For UHNW investors with multiple advisors, "concentration risk" can occur without even knowing it. However, data aggregation and reporting tools bring an investor's entire wealth picture into one consolidated report, regardless of asset class, custody or currency. This allows advisors to expose hidden risks (like concentration risk) and identify potential opportunities. As a provider of reporting services, Mirador, LLC, now part of iCapital, helps family offices and wealth managers with system selection, implementation, and ongoing operation. Read the complete article here: https://lnkd.in/dnnimBqx #financialreporting #familyoffices #wealthmanagement

Attending INSITE24 in Nashville this week? We are! As you may have heard, Mirador is now part of iCapital. Our companies have been partners for several years, working together to provide integrated data solutions to the wealth management industry. With a shared vision for making investing in, managing, and reporting on alternatives more efficient and scalable, we are thrilled to join forces. At the conference, we will have two booth locations: •At Booth #105, you can learn about how the addition of Mirador’s technology-enabled reporting and middle office services can support the growth of your business. •At Booth #534 , you can discover how iCapital is powering the world’s alternative investment marketplace. This includes our recently announced innovations - iMap, our first model portfolio in alternative investments, and the launch of our new Distributed Ledger Technology. We look forward to seeing you in Nashville and sharing more about our exciting developments.

We have been elated to welcome our 2024 class of high school interns. This year our interns are joining us from Darien High School and Westhill High School. Interns are instrumental in the continued success of our firm, bringing with them an eagerness to learn and fresh perspectives. Pictured from left to right is Chloe Larizza, Chloe Keller, Allie Daly, Brynn Ochman, Liam Tomaszewski, Bea Chalasani, Aiden Smith, and William Caliendo.

Based on the 2024 Global Family Office Report by J.P. Morgan, a growing number of family offices are expanding their investment horizons. While they still prefer public equity and fixed income, they are increasingly open to assuming a higher level of illiquidity risk through alternative assets, in order to achieve greater potential long-term returns. According to the report, family offices allocate 45% to alternative assets.

U.S. Congressman Jim Himes, serving Connecticut’s 4th District and a member of the House Financial Services Committee, stopped by for a visit at iCapital’s newest (from recently acquired Mirador) office in Stamford, CT on Friday, May 3rd. Pictured from left to right are; Dan Vene, Founder & Managing Partner; Joseph Larizza, Managing Director - Head of Data Solutions; Representative Jim Himes; Heidi Davis, Managing Director - Data Solutions; Tara Ochman, AVP, Client Delivery Governance - Data Solutions; and Tom Haidinger, SVP - Marketing.

J.P. Morgan Private Bank launched its first Global Family Office Report, revealing insights gathered from a survey of 190 family offices globally. The report shows that family offices are diversifying their investment strategies, with nearly 80% utilizing external advisors. Private equity remains the predominant asset class, held by 86%, while infrastructure is the least favored at 9%. Cybersecurity is a growing concern with only 20% of family offices implementing cybersecurity measures. Learn more from the InvestmentNews article by Leo Almazora below. #FamilyOffice #Cybersecurity #PrivateEquity #FinancialAdvisor #FinancialAdvisor #WealthManagement #UHNW