Alto Launches Private Deal Room for RIAs, Opening Retirement Assets to Private Deals
Updated
Updated · Wealth Management · Aug 12
Alto Launches Private Deal Room for RIAs, Opening Retirement Assets to Private Deals
3 articles · Updated · Wealth Management · Aug 12
Summary
Alto rolled out Private Deal Room, a new platform that lets RIAs execute self- and client-sourced private market transactions through a single digital workflow.
The platform handles custody, compliance and execution end to end, while also allowing advisor clients to fund eligible private investments with qualified retirement assets.
Advisors can use the system to monitor client accounts, cash balances, transfers and private holdings centrally, extending Alto’s role as a marketplace and custodian for retirement capital.
The launch comes as more firms push private markets into wealth and retirement channels: SEI and WTW expanded work on 401(k) private-market solutions, and CAZ placed 2 funds on SoFi Invest.