AlphaCore makes private markets core with 20-25% client allocations
Updated
Updated · Wealth Management · May 1
AlphaCore makes private markets core with 20-25% client allocations
10 articles · Updated · Wealth Management · May 1
The La Jolla RIA, which manages $8.6bn, recommends about 30% alternatives for $10m clients, chief investment strategist David Stubbs said.
The firm says it also maintains international exposure across equities, bonds and private markets, while reviewing allocations quarterly and leaning more toward private infrastructure.
Founded in 2015, AlphaCore bought SPC Financial last year and says digital assets are not part of standard portfolios, while direct indexing is used sparingly.
Could AlphaCore's heavy focus on alternatives backfire if private markets face a major downturn or liquidity crisis?
With AI rapidly changing the wealth industry, could AlphaCore's research process become obsolete or lead to unexpected biases in portfolio construction?