Friday Frame: Access for the Broader Investor Base
December 4, 2025
Private Markets Growth Beyond Ultra-High-Net-Worth Investors
The mass affluent segment, defined as investors with $250,000 to $2 million in investable assets, represents a major growth opportunity for alternatives. Historically, private investments were largely reserved for the largest institutions—think pensions, endowments, and ultra-high-net-worth investors. Today, these opportunities are increasingly accessible to a broader base, allowing private wealth advisors to tap into a multi-trillion-dollar market that is expected to flow into alternatives over the next decade. This shift is not just about expanding access—it’s about creating meaningful scale in a previously untapped segment.
For registered investment advisers (RIAs), this combination of size and scale offers significant business growth drivers. Registered products enable greater efficiency and scalability compared to traditional limited partnership structures, making it easier to allocate more to alternatives. By reaching the mass affluent segment, RIAs can grow their businesses while offering clients access to investment opportunities that were once only available to the ultra-wealthy, ultimately driving both client engagement and long-term portfolio diversification.
Why Scale and Access Drive Growth in Alternatives
Expanding Opportunities for Mass Affluent Investors: Bringing private investment options to those with $250K–$2M in assets allows advisors to tap into a growing, multi-trillion-dollar market.
Driving Growth Through Size and Scale: Registered products and scalable structures enable RIAs to efficiently allocate more to alternatives, supporting business expansion and client diversification.
Topics Covered:
- How the mass affluent segment is reshaping opportunities in alternatives
- How size and scalable structures enable RIAs to grow and diversify portfolios
