SUBSCRIBE Launches Altscape®: A No-Fee Marketplace for Alts Access

SUBSCRIBE, a global fintech innovator transforming investment workflows, has launched SUBSCRIBE Altscape®, a digital marketplace designed to bridge alternative asset managers and wealth management firms. Unlike traditional models, Altscape® eliminates assets under management (AUM)-based placement fees, enabling cost-efficient access to private market investments. With a client base exceeding 50,000 financial professionals and 3,500 alternative asset managers, SUBSCRIBE is redefining infrastructure for private markets.

What is SUBSCRIBE Altscape®?

Key Marketplace Features

• A digital marketplace that connects alt managers with global wealth firms.
• No AUM-based placement fees, breaking away from traditional fee-heavy models.
• Built on SUBSCRIBE’s existing infrastructure, supporting seamless integration for existing users.

Industry Reach

• 50,000+ financial advisors across 600 wealth management firms can access Altscape®.
• 3,500+ alternative asset managers can list funds digitally for discovery and transactions.

Platform Functionality

• Enables one-click access for CIOs and research analysts at wealth firms.
• Offers compliance-ready, white-labeled, and scalable integration for broker-dealers and private banks.

Why This Launch Matters for Wealth Managers

Private Markets Growth

• According to Bain & Company, private markets AUM is set to hit $65 trillion by 2032, growing twice as fast as public markets.
• Wealth managers are expected to triple their alts allocations, rising from 16% in 2022 to 22%.

Regulatory Alignment

• The SEC’s Regulation Best Interest calls for lower fee loads and more accessible investment options.
• SUBSCRIBE Altscape® empowers wealth managers to discover, compare, and access alts easily and cost-effectively.

Adoption Across Leading Firms

• SUBSCRIBE is the selected platform for LPL Financial’s alternatives program.
• Other clients include:
  • Jefferies
  • Oppenheimer
  • Sanctuary Wealth
  • MassMutual Wealth
  • XP International
  • RIAs like Glenmede, Pitcairn, Morton Wealth, F.L. Putnam, NewEdge

A New Digital Infrastructure for Private Markets

Expanding Investment Offerings

• Marketplace includes access to:
  • Private equity
  • Private debt
  • Real assets and infrastructure
  • Hedge funds

Due Diligence and Custom Access

• Curated strategies undergo independent due diligence.
• Custom low-cost feeder funds available with no management fees, improving accessibility.

Enhancing Tax-Advantaged Investment Workflows

Support for Complex Investment Vehicles

• Fully digitized workflows for:
  • Exchange Funds
  • 1031 DSTs
  • 721 Exchange UpREITs
  • Qualified Opportunity Zones
  • Insurance Dedicated Funds

Streamlined Experience

• Handles multi-step processes and data management.
• Centralized collaboration for advisors, managers, and clients.
• Clients report dramatic simplification of complex documentation and execution.

A Trusted FinTech Partner for the Industry

Backed by a Powerful Ecosystem

• SUBSCRIBE’s operating system supports $6 trillion in private market assets.
• Trusted by top-tier alternative asset managers, including:
  • Blackstone, BlackRock, T. Rowe Price, Carlyle
  • Goldman Sachs, Morgan Stanley, J.P. Morgan
  • PIMCO, PGIM, Fidelity, Neuberger Berman
  • Starwood, Apollo, Adams Street, and more

SUBSCRIBE Altscape® redefines how wealth managers and alternative asset managers connect in a digital-first financial ecosystem. By eliminating placement fees and offering a scalable, accessible marketplace, SUBSCRIBE addresses longstanding inefficiencies in private market distribution. With comprehensive digital workflows, robust integrations, and support for complex tax-advantaged strategies, Altscape® marks a pivotal shift toward a more connected, transparent, and affordable future in alternative investing.