Alternative investments have been available for many years, and have been particularly popular with institutional investors (such as pensions and endowments), which have sought them out in an attempt to manage risk, improve diversification and provide more consistent returns. Today, a wider swath of the investing community is finding it easy to invest in alternatives in ways that provide the liquidity and low cost common among more traditional investments.
Independent broker/dealers are no exception; many firms are giving advisors greater access to these investments and expanding the number of products on their platforms.
In WealthManagement.com’s latest Independent Broker/Dealer Report Card survey, IBDs scored a 9.1 out of 10 overall for their access to alternative investments. Here are the highest-rated firms for alternatives.