High New Worth (HNW) investors increasingly seek the diversification and return advantages of Alternative Assets. Yet one-third of advisers find it difficult to give them access to those assets according to Q3 2024 data from platform provider Praemium and independent research house CoreData.

According to the research there’s a strong correlation between levels of wealth and allocations to the Alternative Assets asset class. At HNW-focused adviser firms, an average of 9% of portfolios are invested in Alternatives. That’s more than double the allocation at adviser groups focused on less wealthy clients.

The wealthier the client, the higher the allocation to Alternative Assets. Advisers managing client portfolios north of $20 million typically have an average 14% of portfolios in Alternatives.