OpenAlt Named Finalist in Elite Financial Advisor Awards

NEW YORK–(BUSINESS WIRE)–OpenAlt, creator of a leading custody platform for private investments, has been selected by Wealthmanagement.com as a finalist for its annual Wealth Management Industry Awards.

The Wealth Management Industry Awards, known as the “Wealthies,” recognize individuals and organizations across the country who have had a substantial impact on the financial advisor community and success. This will be their eighth annual event, and this year they received a record number of nominations. Applicants must meet all criteria for the category and show that they have demonstrated outstanding achievement through their initiatives.

OpenAlt entered the financial advisor community when they launched their transparent investment solution in 2021. Since then, they have helped sponsors, advisors and individual investors streamline their private investment processes and Easily comply with compliance regulations. Investors and financial advisors can explore new opportunities, collaborate with colleagues, and help sponsors raise capital and get their investment funded, all on one platform.

As the world’s leading fundraising and due diligence platform, OpenAlt was chosen by a panel of independent judges to be one of the final nominees for the 2022 awards in the Custodians/Alternative Assets category. Out of nearly 1,000 nominations, only 225 organizations were selected as finalists, solidifying OpenAlt’s position as a leader and innovator in the financial services industry.

“This appointment is extremely important to us. This is an important step in our journey into the wealth management market,” says Nikita Brodskiy, Head of Business Development at OpenAlt. “With thousands of private investment transactions executed through our platform, we are looking for greater exposure of our tools and capabilities to the professional investment community.”

The event will kick off on September 8, 2022 at the Ziegfeld Ballroom in New York with a leadership panel hosted by top financial executives, networking activities, and then an evening ceremony where the winners will be officially announced. Attend in person or tune in online to get a glimpse of what the future of finance holds.

Geraldine L. Melton