▶All sources confirm iCapital has an aggressive acquisition strategy, having made 24 acquisitions with a consistent policy of fully integrating each purchased company into its operations.May 2026

▶There is agreement across all provided sources that iCapital operates on a B2B2C (business-to-business-to-consumer) model, focusing its technology and services on financial advisors rather than directly on end-investors.May 2026

▶Multiple sources consistently state iCapital's significant global footprint, which includes 20 corporate offices with half located outside the U.S. and over $65 billion in alternative assets from non-U.S. investors.May 2026

▶The claims unanimously describe iCapital's business model as self-financing, indicating it does not currently require outside capital to fund its ongoing operations.May 2026

▶There are no direct contradictions in the provided claims. However, there are different framings of the company's scale: some claims highlight the macro figure of 'over a trillion dollars in client assets' on the platform, while others focus on the more specific metric of 'over $65 billion in alternative assets' from international investors, presenting different perspectives on its size.May 2026

▶The company's market role is described both as a 'dominant financial technology platform' serving the broad market and more specifically as a 'white-label platform that serves as an operating system' for large advisory firms. This presents a nuanced view of whether it is primarily a public-facing brand or a behind-the-scenes infrastructure provider.May 2026

▶While the overall acquisition strategy is broad (24 acquisitions), specific emphasis is placed on the pending Hexure acquisition to 'complete its annuities technology vertical'. This suggests a potential tension between a general roll-up strategy and a highly targeted approach to fill specific technological gaps.May 2026

▶The significance of employee stock ownership is presented with slightly different emphasis. While all sources state 100% of employees receive stock, one claim adds the context that iCapital, while private, has already provided four liquidity opportunities for employees, adding a layer of practical benefit not mentioned in other claims.May 2026