Crystal Capital Partners Experiences 46% Growth in Advisory Relationships

MIAMI–(BUSINESS WIRE)–Continuing its strong momentum, Crystal Capital Partners announced today
that growth in its advisory partnerships has soared by 46%, since
January 2018.

Crystal Capital operates one of the nation’s leading alternative
investments platforms for financial advisors and their qualified
purchaser (QP) investors. The independent financial advisory channel is
one of the fastest growing and competitive areas in the financial
services industry. Crystal has been able to uniquely support and nurture
the growth of this channel, as the sector’s need for a turn-key
institutional private equity and hedge fund solution becomes
increasingly vital.

Commenting on Crystal’s growth, Steven Brod, CEO said, “With 25 years of
alternative investment experience, it is our ongoing commitment to
remove the complexities and barriers to entry associated with
alternative investments, and work with a network of willing partners
that want to leverage our expertise, technology and infrastructure. We
are forever grateful to all of our partners, and fully intend to evolve
and flourish with them every step of the way.”

The number of breakaway RIAs soared by 59% from 2012-2017, according to Financial
Planning’s Wealth Management Trends to Watch in 2019
. The study
reveals that nearly 27,000 advisors – 9% of the industry’s more than
310,000 advisors – made the transition to independent firms in 2018,
approximately two-thirds of which went fully independent. There is no
doubt that the independent movement is only gaining momentum — with no
sign of letting up anytime soon.

As this evolution progresses, independent advisors are refashioning
themselves as generalists, extending their capabilities to include a
robust range of investment offerings, as well as advanced financial
planning and lifestyle support. They achieve this by creating a network
of outsourced specialists who can help them deliver on a variety of
complex strategies, rather than exclusively focusing on a single
in-house approach which can be inefficient and costly to modify.

Operating this way is an effective way to deploy comprehensive financial
solutions, ensuring that the full range of products and services work
cohesively toward the same goals while at the same time eliminating any
redundancies in portfolio exposures and fees. This outsourced approach
helps independent advisors solve the tedious administrative, operational
and managerial tasks associated with running a business.

Crystal’s turn-key solution is designed to address the alternative
investment needs of independent advisors as it relates to access,
technology, reporting, operations and administration. Which is why over
the last 18 months, many independent RIAs, private banks, broker-dealers
and multi-family offices have continued to adopt Crystal’s private
equity and hedge fund platform. Today, Crystal’s growing community of
advisors consists of over 100 independent firms across the United
States, who represent over $100 billion in assets collectively.

Crystal’s team of 20+ multi-faceted professionals — with diverse
backgrounds in finance, technology, sales and marketing — takes a
personal and hands-on approach to supporting financial advisors through
every step of their alternative investment journey. The platform arms
advisors with an experienced team, exposure to 60+ institutional private
equity and hedge funds, qualitative and quantitative tools, intelligent
portfolio optimization and rebalancing software, a simple electronic
subscription process, consolidated reporting (statements, audits, K-1s),
and private label client-facing deliverables. In sum, Crystal provides
financial advisors all the services needed to navigate the alternative
investment journey.

About Crystal Capital Partners

Crystal Capital Partners is a leading turn-key alternative investment
platform, providing financial advisors with exposure to third-party
institutional private equity and hedge funds for their clients’
portfolios. Crystal’s clients include independent advisors, regional
banks, IBDs and multi-family offices. Crystal is a Registered Investment
Advisor headquartered in Miami, Florida. For more information, visit here.

Disclosures

This press release is for informational purposes only and is not
investment advice or an offer to sell or the solicitation of an offer to
buy any interest in any entity or investment vehicle. Any offer to sell
or solicitation to invest will only be made through the Offering
Documents of one or more investments managed by Crystal and will be
qualified in its entirety in accordance with all applicable laws. These
investments carry certain risks, see Offering Documents for more
information.

Contacts

Profile on Behalf of Crystal Capital Partners
Rich Myers, Charlotte
Kiaie
rmyers@profileadvisors.com
/ ckiaie@profileadvisors.com
Phone:
646-538-7904

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