GLOUS238 SOUTHERN FINANCIAL LLC iCapital Advisors, LLC Form ADV Part 2A ICAPITAL ADVISORS, LLC FORM ADV PART 2A Business Address 60 East 42nd Street, 26th Floor New York, NY 10165 USA Phone: www.icapicilnetwork.com March 30, 2018 This brochure provides information about the qualifications and business practices of iCapital Advisors, LLC ("iCapital"). If you have an uestions about the contents of this brochure ("Brochure"), please contact us ac The information in this Brochure has not been approved or verified by the United States Securities and Exchange Commission ("SEC") or by any state securities authority. Additional information about iCapital is also available on the SEC's website at www.adviserinfo.sec.gov. iCapital is registered as an investment adviser with the SEC pursuant to the Investment Advisors Act of 1940. as amended (the "Advisers Act"). Recipients of this Brochure should be aware that registration with the SEC does not in any way constitute an endorsement by the SEC of an investment adviser's skill or expertise. Further, registration does not imply or guarantee that a registered adviser has achieved a certain level of skill, competency, sophistication, expertise or training in providing advisory services to its clients. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0082425 CONFIDENTIAL SDNY_GM_00228609 EFTA01382886