Alternative Asset IntelligenceBuilt on Primary Sources
Every platform review we publish cites SEC accession numbers, not marketing copy. We read the auditor reports, extract the fee footnotes, and surface what the offering circulars actually say — so you don't have to.
The Problem We're Solving
Alternative investment platforms spend heavily on content marketing. Most "independent reviews" you'll find online are written from platform websites, help centers, and press releases — not primary financial documents.
Review Sites
NerdWallet, Forbes, and similar sites review platforms based on their own marketing materials. Going-concern disclosures, affiliate fee stacks, and redemption queue dynamics never appear because reviewers didn't read the 1-K.
Not sourced from filings
Institutional Research
Preqin, PitchBook, and institutional research firms have depth — but $10,000–$50,000 annual subscriptions and a focus on institutional managers, not the retail-accessible Reg A and Reg D platforms individual investors actually use.
Wrong tier, wrong price
Platform Marketing
Arrived, Fundrise, and other platforms publish "educational" content that omits going-concern qualifications, affiliate fee complexity, and redemption queue uncertainty. The audited financials tell a different story than the landing pages.
Not independent
Financial Advisors
Most RIAs focus on liquid, easily custodied assets. Deep alternative investment diligence — reading PPMs, parsing SEC filings, modeling fee drag across layered affiliate structures — falls outside typical advisory scope.
Not specialized enough
The Gap We Fill
Primary-source alternative investment intelligence — platform reviews built from SEC filings, audited financial statements, and PPM extractions — accessible to individual investors managing $100K to $10M+ portfolios.
How AltStreet Is Different
Primary Source First
Every platform review cites SEC EDGAR accession numbers. We read auditor reports, extract going-concern qualifications, model affiliate fee stacks, and note when NAV methodology doesn't comply with GAAP — none of which appears in platform marketing.
Reviews for Arrived, Fundrise, Energea, and others were built from their actual annual filings, not their websites.
Live EDGAR Data Pipeline
We operate a proprietary ingestion pipeline pulling Form D and Regulation A filings directly from SEC EDGAR — 788+ enriched entity profiles, 1,941+ relationship graph edges, normalized financial primitives across 36 platform records.
Queryable at /edgar and the Platform Intelligence Terminal.
Platform-Agnostic
We don't sell investment products. When we surface a going-concern qualification or a 20% property management fee buried in an offering circular, it stays in the review — even if the platform is an affiliate partner.
Affiliate relationships are clearly disclosed and never influence research conclusions. Our revenue model depends on reader trust, not platform approval.
Cross-Platform Comparison
The Platform Intelligence Terminal normalizes data across 36+ platforms — fee layers, liquidity class, tax treatment, audit status, EDGAR-verified capital raised — into a single comparable view. No other retail-accessible tool does this from primary sources.
Covering 18 alternative asset classes across private credit, real estate, pre-IPO markets, farmland, litigation finance, AI infrastructure, and more.
What We Cover
18 alternative asset categories with dedicated research coverage, platform reviews sourced from primary filings, and live EDGAR data for the platforms that matter most to individual investors.
Beyond Asset Class Coverage
Data & Intelligence
- 788+ EDGAR-enriched entity profiles
- Audited financials from Reg A annual reports (Form 1-K)
- PPM fee extractions with affiliate layer mapping
- Cross-platform scoring on liquidity, governance, and transparency
Practical Tools
- Platform Intelligence Terminal — cross-asset comparison
- Fund directory with live EDGAR-verified data
- Tax optimization frameworks (1031, QSBS, OZ, REIT)
- GPU price dashboard, IRR calculators, AI infrastructure tools
Our Research Methodology
Platform reviews start with the SEC filing, not the platform website. We pull the annual report, read the auditor opinion, extract the fee footnotes, and model total cost drag across all affiliate layers before writing a single word of analysis.
Our Process
- 1
Primary Source Extraction
Pull SEC filings directly from EDGAR — Form 1-K annual reports, Form D offerings, PPMs, offering circulars. For Reg A platforms, we ingest audited financials and flag going-concern qualifications before any other analysis.
- 2
Fee Forensics
Map every affiliate fee layer: sourcing fees, management fees, property management, disposition, broker-dealer commissions, and related-party financing. Total fee drag often differs materially from the headline management fee in platform marketing.
- 3
Risk & Structural Analysis
Evaluate liquidity reality (not marketing), redemption queue transparency, NAV methodology independence, manager operational dependency, counterparty concentration, and regulatory structure implications for investor protections.
- 4
Cross-Platform Normalization
Write normalized financial primitives to our Supabase database — liquidity class, tax document type, audit status, fee layers, performance history — enabling apples-to-apples comparison across platforms in the Intelligence Terminal.
- 5
Portfolio Context
Explain how the platform fits — or doesn't — in a real portfolio. Appropriate allocation sizing, tax account implications, hold period realism, and who should not invest are as important as who should.
Our pipeline is built on Next.js, Supabase, and TypeScript with direct EDGAR ingestion via SEC EFTS and the submissions API. AI assists with document extraction and anomaly flagging — human judgment determines every research conclusion.
Who This Is For
You'll Find Value Here If You:
- Read the footnotes
You want to understand what the offering circular actually says, not what the landing page claims
- Manage a $100K–$10M+ portfolio
And want to add alternatives with institutional-quality diligence behind each decision
- Are an accredited or non-accredited investor
We cover both Reg D (accredited) and Reg A (non-accredited eligible) platforms with equal rigor
- Are a financial professional
RIA, CPA, or wealth manager who needs primary-source diligence on alternative platforms for client conversations
- Have concentrated wealth to diversify
Business owner or executive post-exit who needs to understand the real risk-adjusted tradeoffs, not the marketed ones
This Probably Isn't For You If:
- ×You're just learning basic investing (stocks, bonds, ETFs)
- ×You want hot tips or simplified buy/sell signals
- ×You're looking for personalized investment advice or portfolio management
- ×You want someone to validate a decision you've already made
We provide primary-source intelligence and analytical frameworks. You make your own investment decisions based on your circumstances, goals, and risk tolerance.
The Team
AltStreet is run by a small team with backgrounds in research, investing, and software. We built the EDGAR ingestion pipeline, the Platform Intelligence Terminal, and the scoring model in-house. We are independent and do not manage money or sell investment products.
Revenue comes from affiliate commissions when readers sign up for platforms we review, display advertising, and premium subscriptions. Any economic relationships with platforms are clearly disclosed and never influence research conclusions. If a platform has a going-concern qualification, it stays in the review.
We plan to bring in contributors with deep practitioner experience in specific verticals — carbon markets, infrastructure, private credit, litigation finance — who can write at the level the underlying complexity demands.
Interested in contributing?
We're looking for experienced practitioners in niche alternative asset classes who can write from primary sources at an institutional level. If you have deep expertise and want to reach sophisticated investors, get in touch.
Start With the Data
Browse platform reviews built from SEC filings, explore 788+ EDGAR entity profiles, or compare platforms side-by-side in the Intelligence Terminal