SEC Form ADV Part 2A excerpt (EFTA01392257)

GLDUS128 Patrick Gerschel iCapital Advisors, LLC Form ADV Part 2A Item 2: Material Changes This brochure amendment is made in connection with iCapital's annual updating requirement for 2018 and serves as an update to Capital's brochure dated March 31, 2017. This brochure contains routine annual updates and clarifying changes to the prior brochure, an update to Item 5 relating to the collection of an investor servicing fee, an update to Item 8 relating to the scope of diligence conducted