CAIS Adds Two Industry Influencers to Advisory Council
CAIS Advisory Council Guides Platform on Future Needs and Expectation of Advisors.
CAIS announced the addition of two industry veterans to the CAIS Advisory Council: Jim Patrick of Envestnet and Lee Beck of Kudu Investment Management.
The CAIS Advisory Council consists of 20 executives of leading firms, including Barron’s top-ranked registered investment advisors (RIAs), the nation’s largest RIA platforms, leading independent broker-dealers, globally recognized product managers, independent custodians, Silicon Valley technologists, and other key ecosystem participants. Each Council member brings unique input into the key role CAIS is playing in the wealth management industry, and how the firm will evolve moving forward.
Mr. Patrick currently provides leadership and strategic vision for both the delivery and development of Envestnet’s investment capabilities. A financial industry veteran, Mr. Patrick was previously Co-Head of U.S. Distribution for Allianz Global Investors. As founder and board member of Cavendish Global and the Institute for the Fiduciary Standard, Mr. Patrick brings expertise to the CAIS Advisory Council on CIO solutions, investment research, RIAs and managed investment products.
“The CAIS platform has played a leading role in leveling the playing field for advisors, providing them with access to premier alternative asset managers, with institutional pricing and lower investment minimums,” said Mr. Patrick. “I am energized by the opportunity to help shape the future of such an innovative and unique company, and excited to connect with the many industry luminaries who make up the CAIS Advisory Council.”
Mr. Beck is managing partner at Kudu Investment Management and brings extensive experience offering tailored capital solutions for asset and wealth management firms globally. Prior to starting Kudu, he led distribution and related execution teams at some of the world’s most successful investment management firms, including BlackRock, JPMorgan, and PIMCO, where he was also a member of several executives, operating and global investment teams.
“I have long been a fan of the CAIS platform, which helps to connect advisors with both the managers and information they need to best serve the needs of their clients,” said Mr. Beck. “Joining the CAIS Council is a great honor, and I am eager to use my experience and knowledge to help CAIS continue to advance access to the industry’s most elite asset managers.”
Since launching in 2009, CAIS has connected independent financial advisors with premier asset managers, customized structured products and capital markets offerings. The CAIS platform empowers advisors to browse, research, execute, and monitor their alternative investments, offering institutional pricing and lower investment minimums. Through CAIS’s end-to-end platform solution, advisors have access to third-party due diligence from Mercer, a simplified web-based subscription process and integration with all major custodians and reporting platforms.
“Understanding the perspectives and motivations of our financial advisors, asset managers, and ecosystem partners are critical for our success,” said Matt Brown, Founder and CEO of CAIS. “We made a commitment to our community to offer the best products, services and user experience, and building our Advisory Council with some of the brightest minds in the industry allows us to deliver on that promise. We are excited to welcome Jim and Lee to the Council, and have no doubt their guidance will help shape CAIS’s future.”
Founded in 2009, CAIS connects its network of alternative investment managers with more than 450 wealth management firms represented by 9,000 advisors who oversee more than $1 trillion in assets.
CAIS is the leading alternative investment platform for independent financial advisors who seek improved access to, and education about, alternative investment funds and products. CAIS provides financial advisors with a broad selection of alternative investment strategies, including hedge funds, private equity, private debt, real estate, digital assets, and structured notes, allowing them to capitalize on opportunities and/or withstand ever-changing markets. CAIS also offers custom solutions for advisors seeking to create custom fund vehicles around ideas they source.
As an extension of the platform, CAIS also delivers an on-demand, online learning experience, CAIS IQ, which is designed exclusively to help financial advisors deepen their knowledge and increase their confidence in alternative investment strategies.
Most funds listed on the CAIS Marketplace undergo Mercer's independent due diligence and ongoing monitoring. Mercer diligence reports and fund ratings are available to advisors on the CAIS password-protected platform. CAIS streamlines the end-to-end transaction process through digital subscriptions and integrated reporting with the leading US custodians and reporting providers, which make investing in alternatives simpler.
Founded in 2009, CAIS, a fintech leader, is empowering over 8,300 unique advisor firms/teams who oversee more than $3 trillion in network assets. Since its inception, CAIS has facilitated over $21 billion in transaction volume as the first truly open marketplace where financial advisors and asset managers engage and transact directly on a massive scale. CAIS has offices in New York, Los Angeles, Austin, San Francisco and London. For more information about CAIS, please visit www.caisgroup.com.
Securities offered through CAIS Capital LLC, member FINRA, SIPC.
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