The latest technology news in the wealth management sector from around the world.

Kestra Financial has added to its alternative investment offerings by widening its partnership with New York-headquartered investment platform iCapital.

The firms have already been in a pact for the past five years.

The partnership will witness lower minimum investment requirements; access to detailed information and real-time updates on alternative investment products; additional due diligence from the iCapital team; a single sign-on functionality with the Advisor Complete portal, and a simplified submission process.

The changes will allow Kestra Financial advisors to extend their investment offerings, have more time with their clients while spending less time on back-end processes.

Kestra Financial, which is headquartered in Austin, Texas, is a division of Kestra Holdings. Kestra Financial oversees $103 billion in assets under advisement.