Allocate Marks Five Years in Business, Surpasses $5 Billion in Platform Assets as Private Markets Wealth Channel Adoption Accelerates
The private markets operating system more than triples its assets on platform and now supports 375+ wealth advisory firms
Allocate, the private markets operating system for wealth advisory firms and fund managers, marked five years in business with over $5 billion in assets, more than tripling over the past year. The milestone reflects the continued adoption of private markets across the wealth channel, where advisors are increasingly looking for the infrastructure, technology, and operational support needed to build and scale private markets programs. Today more than 375 wealth advisory firms and RIAs use Allocate's platform to access, manage, and administer private market investments on behalf of 4,000+ underlying investors who reach these opportunities through them.
Allocate has significantly expanded its role within the private markets ecosystem over the course of the year, including strategic partnerships with Dynasty Financial Partners and VanEck. Together, these collaborations strengthened Allocate's position as a bridge between wealth advisory firms, asset managers, and investors, helping streamline access to private market opportunities across the wealth channel.
