Monthly Alts Pulse Ep. 16: Live from iCapital Connect - the technology perspective of model portfolios and UMAs with GeoWealth and iCapital

Monthly Alts Pulse Ep. 16: Live from iCapital Connect - the technology perspective of model portfolios and UMAs with GeoWealth and iCapital

Author: Michael Sidgmore May 21, 2025 Duration: 16:34

Welcome to the 16th episode of the Monthly Alts Pulse, a collaboration between iCapital x Alt Goes Mainstream. 

We were live from iCapital Connect’s conference in Phoenix to announce a ground-breaking partnership in private markets: a collaboration between BlackRock, iCapital, and GeoWealth, where models that include both public and private markets exposure through a unified managed account (UMA) are now available to advisors.

I sat down with Jack Hannah, the President & COO of GeoWealth, and Michael Doniger, SVP, Partnerships at iCapital, to discuss the technology and market structure innovation of the UMA and how private markets can play a role in model portfolios.

In this live, unscripted episode, Jack, Michael, and I had a fascinating and lively discussion. We covered:

  • An introduction to the partnership between BlackRock, iCapital, and GeoWealth.
  • Incorporating private markets into UMAs.
  • The private markets integration workflow.
  • Customization and “sleeving” in UMAs.

Thanks Jack and Michael for a great episode … looking forward to next month’s Monthly Alts Pulse conversation!

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Show Notes
00:00 Introduction and Guest Welcome

00:34 Evolution of UMAs in Private Markets

01:03 Incorporating Alternatives into UMAs

01:32 Private Markets Integration Workflow

02:41 Challenges and Solutions in UMA Implementation

03:32 Customization and Sleeving in UMAs

04:32 Client-Centric Solutions and Advisor Needs

05:21 Early Adoption of Private Market Solutions

06:17 Building a Robust Model Marketplace

08:37 Future of Model Portfolios and UMAs

13:10 Post-Investment Processes and Technology

14:17 Data Solutions and Performance Reporting

15:06 Growth Projections for UMAs and Private Markets

16:09 Conclusion and Final Thoughts

16:12 Closing Remarks and Thank You


Hosted by Michael Sidgmore, Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets sits at a crucial crossroads where finance is being reshaped. Each conversation moves beyond surface-level trends to explore the operational realities and strategic shifts defining private markets today. You’ll hear detailed discussions on specific asset classes-from private equity and credit to venture capital, infrastructure, and real estate-alongside the evolving landscape of wealth management and the technology transforming it. The focus is consistently on practical frameworks and tools that investors and advisors are actually using, drawn directly from the experiences of leading practitioners. This isn't about abstract theory; it's a direct line to the nuanced decisions and forward-looking perspectives from those navigating this complex terrain. By tuning into this podcast, you gain access to a candid exploration of how alternative investments are becoming accessible and integrated into modern portfolios, all through substantive dialogue that prioritizes depth and clarity over hype. The discussions are designed for those who want to understand not just the 'what' but the 'how' and 'why' behind the movement of alternatives into the mainstream financial conversation.
Author: Language: English Episodes: 100

Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets
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