SUBSCRIBE Altscape® Marketplace Revolutionizes Alternative Investment Connections
SUBSCRIBE Altscape® Marketplace: A New Era for Alternative Investments
In a groundbreaking move for the alternative investment sector, SUBSCRIBE has unveiled the SUBSCRIBE Altscape® marketplace, a unique digital platform tailored to link alternative asset managers with a diverse array of global wealth management firms. This initiative marks a significant evolution in the investment landscape, focusing on reducing barriers and costs associated with alternative asset management.
A Revolutionary Marketplace
SUBSCRIBE Altscape® stands out as the first open marketplace designed specifically for the alternative investment industry. Unlike conventional platforms that charge asset managers a percentage based on assets under management (AUM), SUBSCRIBE’s marketplace eliminates these high placement fees. This change is essential as it encourages more asset managers to participate, thereby expanding the range of options available to wealth management firms seeking alternative investments.
The marketplace is envisioned as a pivotal point where alternative asset managers can list their products, thus increasing visibility and accessibility to wealth management firms around the globe. This platform supports over 3500 alternative asset managers currently utilizing SUBSCRIBE's alts operating system for the electronic onboarding of investors and subscriptions.
Targeting Cost Efficiency and Ease of Use
Rafay Farooqui, the Founder and CEO of SUBSCRIBE, emphasizes the importance of lowering operational costs within the industry. He equates the potential for operational efficiencies within alternative investments to the radical disruptions experienced by industries like logistics and entertainment through platforms like Uber and Netflix. By minimizing costs through its innovative platform model, SUBSCRIBE hopes to facilitate more extensive allocations towards private market investments.
As Bain & Company projects that assets in private markets will grow over double the rate of public assets, reaching up to $65 trillion by 2032, financial advisors are increasingly turning to alternative investments. SUBSCRIBE's marketplace is positioned to cater to this demand, allowing for more seamless integration and higher adoption rates among wealth managers and their clients.
Comprehensive Offerings and Solutions
The SUBSCRIBE Altscape® marketplace not only simplifies the listing and discovery of alternative investments but also enhances the support structures around them. Wealth management firms using this platform will have access to curated investment strategies, independently reviewed by third-party investment consultants, ensuring a rigorous assessment of backgrounds and credentials.
Additionally, the marketplace offers customized low-cost feeder fund formation services without management fees should indirect access to specific managers be desired. This feature is particularly beneficial for wealth managers seeking versatile options tailored to their client needs.
Centralized Access to Tax-Advantaged Solutions
An essential aspect of SUBSCRIBE Altscape® is its emphasis on providing centralized access to a variety of tax-advantaged private market solutions. This includes unique offerings such as Exchange Funds, 1031 DSTs, 721 Exchange UpREITs, and more. With an enhanced workflow dedicated to these products, SUBSCRIBE seeks to streamline the complex paperwork and processes often associated with these investment vehicles, thereby simplifying the investment journey for both managers and advisors.
Positioned for Industry Transformation
As a fintech firm focused on revolutionizing the alternative investment landscape, SUBSCRIBE supports an impressive $6 trillion in private market assets. The platform effectively caters to numerous prominent alternative asset managers, including Blackstone, Goldman Sachs, and others who utilize its system for digital onboarding and subscription processes.
By modernizing the archaic infrastructure of private fund investments, SUBSCRIBE continues to drive its mission of empowering alternative asset managers, institutional investors, wealth managers, and more. Its launch of SUBSCRIBE Altscape® signifies a significant milestone in facilitating smarter, more efficient investment processes nationwide. This development reflects SUBSCRIBE’s continuous commitment to leveraging technology to unlock the full potential of alternative investments.