AWARDS DISCLAIMER

LAST UPDATED: November 15, 2024

Awards, rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he or she will experience a certain level of results if Institutional Capital Network Inc. (“iCapital”) is engaged, nor should it be construed as a current or past endorsement of iCapital by any of its clients.

• Wealth & Finance International Alternative Investment Awards 2017
  • iCapital was named “Best Outsourced Alternative Investment Platform” by Wealth & Finance International as part of the publication’s 2017 Alternative Investment Awards. Wealth & Finance presents the Alternative Investment Awards annually to honor the companies and products that shape the alternative investment industry. Criteria for selection includes dedication to client service, innovation, and business success. The Wealth & Finance International Alternative Investment Awards (“WFIAIA”) recognize firms dedicated to client service, innovation and success in several categories within the alternative investment industry. They have been awarded annually since 2014 by Wealth & Finance International (“WFI”). WFIAIA receives nominations, and once a firm has been nominated and accepted its nomination, firms can supply supplemental information about their key practice area(s), services offered, business strategy and accolades. WFI’s dedicated in-house research team reviews each entry before ultimately selecting the award recipients. Nomination or receipt of a WFIAIA is not necessarily indicative of a recipient’s experience or a guarantee that the recipient firm will perform in the future as it did during the period evaluated by WFI. iCapital pays WFI a licensing fee to utilize the recognition of the award.

 

• Private Asset Management Awards 2017
  • iCapital was named “Best Fund Product for HNW Clients” at the 2017 Private Asset Management (PAM) Awards. The Private Asset Management Awards-presented by Private Asset Management magazine-recognize excellence in the wealth management industry. For the category of Best Fund Product for HNW clients, PAM evaluates commercial success and business growth, demonstration of increase of wealth manager clients, demonstration of product innovation, and positive client feedback via submitted testimonials. The PAM Awards (“PAMA”) are awarded annually by Private Asset Management, a financial services industry publication of Pageant Media. PAMA invites firms to compete for awards in several categories by providing answers regarding their business model, services offered, growth in client count and assets managed, countries of operation, service innovation, and performance. In addition, PAMA permits firms to provide additional information of their choosing in support of their candidacy. A panel of independent industry experts selects the nominees and winners based on a number of qualitative and quantitative performance indicators. PAMA does not release statistics on the number of firms competing. Nomination or receipt of a PAMA is not necessarily indicative of any particular client’s experience or a guarantee that the firm will perform in the future as it did during the period evaluated by PAMA.

 

• FinTech Breakthrough Awards 2019
  • iCapital was recognized in the 2019 FinTech Breakthrough Awards as the Best Banking Infrastructure Platform. The FinTech Breakthrough Awards recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including wealth management, personal finance, lending, payments, banking, investments, RegTech, and InsurTech. This year’s winning products and companies were selected from over 3,500 nominations based on their innovation, design, user-experience, and overall technological advancement. iCapital was awarded for its white label technology program, which allows the asset and wealth management industry to integrate a customized version of iCapital’s end-to-end technology solution with an existing legacy platform to help manage operations and administration of alternative investments. Award winners are selected by a panel of senior-level FinTech experts from within the financial services space, including technology startup leaders and veteran technology executives with experience in a range of information security positions and perspectives.

 

• WealthManagement.com “Wealthies” Industry Awards, 2024 for iCapital Architect
• WealthManagement.com “Wealthies” Industry Awards, 2022, 2019, 2018
  • iCapital has been honored at the 2024 WealthManagement.com Industry Awards as the “Best Alternative Investment Platform.” iCapital also won the award in 2018 and 2019. The Best Alternative Investment Platform category honors a new or enhanced initiative that innovatively facilitates the trading, research, processing, reporting and tracking of alternative investments. The winners, including iCapital, were selected by a panel of fourteen distinguished judges in the industry, and were announced at an award ceremony in New York City. The WealthManagement.com Industry Awards, are presented annually by WealthManagement.com, a financial advisory industry publication from Informa. Companies and organizations are invited to complete a nomination application describing an initiative within several available categories that supports advisor success. WealthManagement.com also invites nominees to provide supplemental information to support their nomination in the form of third-party testimonials and/or confidential growth, user or performance metrics. A panel of industry experts selects the finalists and winners based on qualitative and quantitative performance indicators. Nomination or receipt of a WealthManagement.com Industry Award is not necessarily indicative of any particular client’s experience or a guarantee that the firm will perform in the future as it did during the period evaluated by the Award judges. There is no fee required to be considered for the award, but iCapital did pay a fee to sponsor the awards announcement event in 2024.

 

• The Financial Technology Report’s Top 50 Financial Technology CEOs of 2021
  • Nominations for this award were limited only to subscription paying members. Institutional Capital Network, Inc. pays a subscription fee to be a member.

 

• The Financial Technology Report’s Top 25 FinTech product Executives of 2021
  • Nominations for this award were limited only to subscription paying members. Institutional Capital Network, Inc. pays a subscription fee to be a member.

 

• BuiltIn 2021 Best Places to Work Awards 2021
  • iCapital was named in BuiltIn’s 2021 Best Places to Work Awards. Specifically, iCapital earned a spot on the Best Midsize Companies to Work for in New York City list. The annual awards include companies of all sizes, from startups to the enterprise, in the eight largest tech markets and nationally. Built In determines winners for Best Places to Work using company data about compensation, benefits, and cultural programs. To reflect the attributes candidates are searching for on Built In today, this year’s program weighted criteria more heavily, like remote opportunities and programs for diversity, equity, and inclusion. BuiltIn ranks companies algorithmically based on compensation information, benefits, and culture programs. This year, based on data showing tech professionals’ needs, the Best Places to Work algorithm added weight to companies’ commitment to DEI and remote culture. Rank is determined by combining a company’s score in each of these categories.

 

• BuiltIn Best Places to Work Awards 2023
  • iCapital was named in BuiltIn’s 2023 Best Places to Work Awards. Specifically, iCapital earned a spot on the “Editor’s Choice: 100 Best Hybrid Places to Work” list. Each company on the “100 Best Hybrid Places to Work” list offers the mission, work, and benefits sought by hybrid job seekers. The annual awards include companies of all sizes, from startups to the enterprise, in tech hubs across the United States, as well as hybrid and fully remote companies. The award recognizes the best tech companies for tech professionals. BuiltIn determines winners for “Best Places to Work” using company data about compensation, benefits, and cultural programs. Winners are selected using BuiltIn’s algorithm, which assesses a score for perks and benefits information and compensation information. Each of these categories represent 50% of a company’s assessment. While there is no fee to be considered for Best Places to Work, the information is provided by the company. Each reward is weighted based on which perks and benefits BuiltIn candidates care about the most.

 

• WealthTech 100 – Selected 2021, 2023
  • iCapital has been recognized on the WealthTech 100 list as one of the world’s most innovative financial technology solution providers addressing the digital transformation challenges and opportunities faced by asset managers, private banks and financial advisors. The WealthTech100 list is produced by FinTech Global, a specialist research firm providing comprehensive data, valuable insights and powerful analytical tools for the global FinTech industry. To select this year’s list, a panel of analysts and industry experts evaluated criteria including industry significance of the problem being solved; growth (capital raised, revenue and customer traction); innovation of technology solution; potential cost savings, efficiency improvements, impact on the value chain and/or revenue enhancements generated for clients; and importance to executives in asset management, private banking and financial advisory. Submission for consideration required written responses to various questions, but no fee was required to participate.

 

• MMI/ Barron’s Industry Awards Winner – Solutions Provider of the Year 2020, 2021, 2022, 2023
  • The Solutions Provider of the Year category honors solutions providers that exemplify innovation in delivering better outcomes for financial advisors and investors. The nomination review committee selected finalists providing “needle-moving advisory-related technology and services that contribute to innovation within the investment advisory solutions industry and improve the investor and financial advisor experience.” The winners in each category were determined by a vote of MMI member firms. The MMI/Barron’s Industry Awards recognize innovation and leadership in the investment advisory solutions industry. Companies and organizations are invited to complete a nomination application describing an initiative within several available categories that supports advisor success. Nominations are reviewed and evaluated by the specially-appointed Money Management Institute (MMI) Industry Awards Steering Council and by the MMI Membership Experience Committee (MEC). The Steering Council and MEC consist of representatives from all segments of the MMI membership. At their sole discretion, the Steering Council and MEC may enlist the support of outside subject matter experts to help review the nominations. After carefully reviewing the nominations submitted, the Steering Council and MEC will determine a slate of finalists in each award category. If appropriate, in certain “open” award categories, the Steering Council and MEC may elect to propose separate slates of finalists representing Asset Managers, Wealth Managers, Solutions Providers, etc. Award winners are determined by a vote of primary contacts at each MMI member firm. Nomination or receipt of an MMI/Barron’s Industry Award is not necessarily indicative of any particular client’s experience or a guarantee that the firm will perform in the future as it did during the period evaluated by the Award judges.

 

• Forbes – One of America’s Best Startup Employers 2021, 2022, 2023
  • Forbes partnered with market research company Statista to identify the top employers from a list of over 2,600 up-and-coming American businesses. The list features companies that were founded between 2011 and 2018 and employ at least 50 people, and that were established independently, rather than being launched from an existing enterprise. To determine the list, each organization was evaluated based on three criteria: Employer reputation, based on a review of articles, blogs and social media posts pertaining to each employer, searching for specific phrases, such as “corporate culture,” “diversity,” and “employee engagement.”; Employee satisfaction evaluated from online reviews; and Growth, as examined by the organizations’ website traffic and head counts over a two-year period. The Best Startup Employers have been identified by analyzing more than 7 million datapoints. The data is gathered via a social listening campaign and extensive desk research. All data was gathered in Q4 of 2022. In the first step of a gradual approach, organic growth and size were considered to narrow down an initial longlist of more than 10,000 companies to 2,600 companies that qualified for the in-depth analysis.

 

• Forbes Fintech 50 Award 2018, 2019, 2020, 2021, 2022, 2023, 2024
  • iCapital has been selected in Forbes Fintech 50 list, which recognizes companies that make a deep impact on consumers and businesses through innovation. To qualify for the Fintech 50 list, businesses must have either headquarters or substantial operations in the U.S. and be private as of the date of publication. Other criteria considered includes: growth in sales and/or users over the past year in comparison with competitors; whether the company has a publicly live, working product, or one that will be available soon; novelty of such product; and diversity of the company’s leadership team. Forbes defines fintech companies as those that apply technology to the categories of cryptocurrencies and blockchain, insurance, investing, payments, personal finance (budgeting, digital banking, consumer credit and lending, etc.), real estate, business to business lending, trading and capital markets and other business-to-business financial software. iCapital provided a series of written responses and interviews with Forbes prior to receiving the award. The Forbes team of reporters and editors spoke with industry investors, analysts, entrepreneurs, and experts over a months-long judging process to evaluate hundreds of companies in order to build the list. In 2024, Forbes divided applicants into four sub-categories; iCapital was listed in the Investing category. iCapital did not pay any fee to be participate in the consideration, but iCapital pays Forbes a licensing fee to utilize the logo after receiving the award. Inclusion in the Forbes FinTech 50 list makes no guarantee to future performance and may not be representative of a platform user’s experience.

 

• SPi Awards 2022: Best Independent Broker-Dealer
  • iCapital Securities LLC was named Best Independent Broker-Dealer in 2022 by SPi. This award recognizes an institution with a proven track record of quality of services to the Financial Advisors community including innovation, post-sales, and education support. To be considered, each candidate had to submit a written application for the award, highlighting the firm’s performance over the twelve-month period from April 1, 2021 to March 31, 2022, alongside core data. The winner was selected after a thorough analysis of each submission by an independent jury chaired by Tiago Fernandes. Considerations included market share, as well as an ability to demonstrate growth, relative outperformance compared to other participants, and an ability to adapt to changing market conditions and client needs, including innovation.

 

• Fintech Global WealthTech 100 – Selected 2023
  • iCapital has been recognized on the WealthTech 100 list as one of the world’s most innovative financial technology solution providers addressing the digital transformation challenges and opportunities faced by asset managers, private banks and financial advisors. The WealthTech100 list is produced by FinTech Global, a specialist research firm providing comprehensive data, valuable insights and powerful analytical tools for the global FinTech industry. To select this year’s list, a panel of analysts and industry experts evaluated criteria including industry significance of the problem being solved; growth (capital raised, revenue and customer traction); innovation of technology solution; potential cost savings, efficiency improvements, impact on the value chain and/or revenue enhancements generated for clients; and importance to executives in asset management, private banking and financial advisory. Submission for consideration required written responses to various questions, but no fee was required to participate.

 

• BISA Technology Innovation Award, 2024 for iCapital Architect
  • iCapital was honored with the 2024 BISA Technology Innovation Award. Through this award, the Bank Insurance & Securities Association (BISA) recognizes leadership in the advancement of financial service industry products, services, and platforms through technology innovation. In selecting a winner, BISA highlights a new technology innovation. Criteria includes: whether the innovation is a new technology or an improvement to an existing technology; novel or noteworthy characteristics of the innovation; the unique value it provides to financial institution distributors and their end customers; and the long-term impact that the innovation will have within the industry. Winners are reviewed and determined by the BISA Awards Committee and the award is presented during BISA’s annual convention. There was no cost for consideration for the award, but iCapital is a BISA member. The award is a members-only award and presented to a BISA member each year.

 

• Great Place to Work Portugal 2024
  • iCapital was named in Great Place to Work’s 2024 Best Workplaces Portugal list. Specifically, iCapital earned a spot on the list for companies with between 201-500 employees in Portugal. In selecting the annual awards, Great Place to Work identifies organizations to receive a “Certified” seal through a “Trust Index” questionnaire that is completed by each organizations’ employees. Organizations that earn a 65% or higher on the questionnaire receive the “Certified” seal, and only those “Certified” organizations are eligible to be ranked on the Best Workplaces list. The survey analyzes the organizational environment and the employee experience in the following dimensions: credibility, respect, impartiality, pride and camaraderie. The Great Place to Work Committee considers the opinions of the organizations’ employees as demonstrated through the survey (which corresponds to 75% of the final grade) and the evaluation of people management practices to ultimately select the organizations recognized on the list. There is no fee required to be considered for this award.

 

• The Financial Technology Report’s Top Companies: WealthTech
  • iCapital was named in the Financial Technology Report’s list of Top Companies in the WealthTech category. The Financial Technology Report publishes annual “Top Companies” lists highlighting fintech companies based upon evaluation of the companies’ caliber of products and solutions, management team, organizational makeup, and reputation in the market. The evaluations were based upon the companies’ self-reported answers to questions related to such categories. Nominations for this award were limited only to subscription paying members. Institutional Capital Network, Inc. pays a subscription fee to be a member.

 

• The Wall Street Journal CEO Council List of the World’s Most Influential Decision Makers 2024
  • iCapital Chairman and CEO Lawrence Calcano was listed on the Wall Street Journal’s 2024 CEO Council list of the World’s Most Influential Decision Makers. The list includes all members of the CEO Council, which is limited to CEOs and Chairs of major companies as determined by the Council. Membership on the Council is acquired through self application and is subject to the approval of the CEO Council. There is a membership fee required for membership on the CEO Council.

 

• Wealth Solutions Report CMO 10: Top Wealth Management CMOs 2024
  • Awards, rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he or she will experience a certain level of results if Institutional Capital Network, Inc. (“iCapital”) is engaged, nor should it be construed as a current or past endorsement of iCapital by any of its clients. Nominations for this award were by invitation only.

 

• CNBC’s list of World’s Top FinTech Companies 2024
  • iCapital has been named on CNBC and Statista’s “World’s Top FinTech Companies” list for 2024. On this list, CNBC and Statista recognize 250 companies in eight different market segments. These market segments include payments, neobanking, alternative finance, wealth technology, financial planning, digital assets, business process solutions, and banking solutions. The list is based on the analysis of general and segment-specific key performance indicators (KPIs). These KPIs are derived from research of publicly available data points and an optional open online application. Collection of publicly available data includes research conducted between March and May 2024 regarding relevant KPIs in sources such as annual reports, company websites, and media coverage. iCapital did not submit an online application for this award and there was no fee required to be considered. CNBC and Statista then used a multi-level weighting approach, assigning general KPIs a weight of 40% and segment-specific KPIs a weight of 60%, within each market segment to derive a score for each company. Companies with the highest scores were ultimately awarded on the list.

 

• SRP Service Provider Americas Awards: Best Multi-Issuer Platform 2024
  • iCapital was named Best Multi-Issuer Platform as a part of the 2024 Americas Awards by SRP, StructuredRetailProducts.com. This award recognizes an institution with exceptional contributions servicing the structured products industry. Submissions were accepted from index providers, asset managers, stock exchanges, associations, law firms, fintech firms, and other industry practitioners. iCapital was nominated for the award by SRP and there was no fee to participate. Winners in each category were selected based on a Survey of the Market and an Editorial submission. The Survey of the Market required all respondents to the SRP Americas 2024 survey to vote for one candidate in each award category and determined a shortlist for each category based on total number of votes received. The Editorial aspect required candidates to provide a 400-word written submission for evaluation by an independent panel of judges convened and chaired by SRP, which ultimately selected the winners. Criteria for the Best Multi-Issuer Platform category included the breadth of coverage and diversity, and innovation.

 

• MMI/Barron’s Industry Awards – Thought Leadership/Education, 2024
  • iCapital was honored in the 2024 MMI/Barron’s Industry Awards in the category of Thought Leadership/Education for its educational video series Beyond 60/40. This category recognizes new programs, research, educational campaigns of content that meaningfully advance industry knowledge and understanding of topics key to the future of advisory solutions. To be eligible, nominations must reflect original programs or content launched since June 2023 that drive the industry forward by increasing industry or investor awareness and understanding of key investment advisory and/or wealth management topics. Winners were chosen by a specially-appointed MMI Awards Steering Council, which consists of representatives from all segments of MMI membership. The Council is entitled to enlist the support of outside subject matter experts at their sole discretion. In considering nominations, the Council evaluates whether submissions show innovative, needle-moving programs and content that help elevate industry and investor knowledge and have proven effectiveness with metrics showing strong engagement, influence, and impact.

 

• SPi Awards 2024: Best Wholesaler, Best RIA Platform
  • iCapital was honored in the 2024 SPi Awards for Excellence for Best Wholesaler and Best RIA Platform. SPi’s annual awards recognize outstanding participants in the structured products industry. To be considered, each candidate had to submit a written application for the award, highlighting the firm’s achievements, innovation, and performance over the last twelve months, alongside core data. The Best Wholesaler award honors the best wholesaler in the United States for structured products, based on position in the sector and breadth of offering and post-sales service. The Best RIA Platform award honors a platform that has demonstrated a proven track record of the quality of services, including cutting-edge technology, post-sales support, and educational support. The winner was selected after a thorough analysis of each submission by an independent jury chaired by Tiago Fernandes. Considerations included market share, as well as an ability to demonstrate growth, relative outperformance compared to other participants, and an ability to adapt to changing market conditions and client needs, including innovation.

 

• Private Equity News’ 50 Most Influential in Private Equity 2024 – Marco Bizzozero
  • Marco Bizzozero, iCapital’s Head of International, was listed on the Private Equity News’ 2024 50 Most Influential in Private Equity list. In order to be included on the list, nominees submitted applications that were judged independently by the Private Equity News team. Criteria considered included nominees’ teams’ size and standing in the market, track record over the past 12 months and their wider influence through industry groups and regulatory committees. Nominees were required to be based in Europe. The list is not ranked.

The following award was earned by Axio Financial:

• SPi Awards 2021: Best Independent Broker-Dealer
  • Axio Financial LLC was named Best Independent Broker-Dealer in 2021 by SPi. This award recognizes the best wirehouse in the U.S. for structured products. The winner was selected based on its position as a leader in the sector as well as by the breadth of offering and post-sales service. To be considered, each candidate had to submit a written application for the award, highlighting the firm’s performance over the twelve-month period from July 1, 2020 to June 31, 2021.  Axio Financial LLC has purchased the license of this award.

The following award was earned by Mirador:

• Inc. 5000, 2023
  • Mirador, Inc. was named as number 762 on Inc. 5000’s 2023 list, which recognizes the fastest growing private companies in America. The 2023 list ranks companies according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019, as well as be United States-based, privately held, for-profit, and independent companies as of December 31, 2022. The minimum revenue required for 2019 is $100,000 and the minimum revenue required for 2022 is $2 million. To be considered, companies must provide a wide range of information about the company, including gross annual revenue figures for the base year (2019 for the 2023 edition) and year four. Inc. 5000 uses signed financial statements, redacted tax returns, and (in some cases) audited financial statements to verify revenue and calculate the company’s three-year revenue growth. Growth rates determine ranking on the list. Growth rates are calculated to four decimal places. Finally, Inc. 5000 conducts a vetting process and may disqualify companies with certain histories, including those with allegations of fraud, sexual misconduct, or other unlawful activity. There was no cost to be considered, but those recognized on the list were required to purchase a logo license in order to promote the award using Inc. 5000’s logo. Mirador, Inc. purchased a logo license upon being named on the 2023 list.