CAPTRUST Selects CAIS to Centralize and Streamline All Alternative Investments
Press Release
• by CAIS
CAIS registers mass adoption for SaaS technology as advisors embrace end-to-end solution for all alternatives
NEW YORK, NY – April 23, 2024 – CAIS, the leading alternative investment platform for independent financial advisors, today announced it has been selected by CAPTRUST, one of the nation’s largest independent financial advisory firms with more than $800 billion in client assets under advisement. CAPTRUST advisors will leverage CAIS’ SaaS technology to consolidate their alternative investment products and processes onto a single platform, creating an enhanced, unified alts experience.
“We are thrilled to work with CAIS to offer our advisors best-in-class technology enhanced by a dedicated advisor-facing team of professionals to streamline their alternative investing experience,” said Michael J. Vogelzang, managing director and chief investment officer at CAPTRUST. “Working with CAIS will play a critical role in eliminating the operational burdens typically associated with investing in alternatives and creating a more streamlined and scalable solution for our clients.”
The SaaS offering – CAIS Solutions – is powered by CAIS’ technology and enables independent financial advisors to centralize their fund positions – no matter where they are sourced – through automated processes across the entire alternative investment lifecycle. CAPTRUST’s network of advisors will also have access to integrated advisor education via CAIS IQ, expanded support for structured investments, and dedicated coverage through CAIS’ 70+ advisor-facing professionals. The CAIS platform will also provide seamless integrations into CAPTRUSTs custodians and reporting providers, including BNY Mellon’s Pershing, Fidelity, Charles Schwab, and Black Diamond, for more efficient data management and reporting.
“CAIS Solutions is creating immense value for advisory firms that have historically relied on fragmented technologies and processes to run their alternatives practice,” said Matt Brown, Founder and CEO of CAIS. “As client demand for alternatives grows at a rapid clip, we remain committed to combining our best-in-class technology and client service to support the unique needs of the independent financial advisor.”
The announcement comes shortly after Baird, an international wealth and asset management firm that manages and oversees more than $405 billion in assets, expanded its relationship with CAIS to consolidate all their alternative investment products and processes onto a single platform.
Learn more about CAIS Solutions.
About CAIS
CAIS is the leading alternative investment platform for independent financial advisors. The CAIS platform powers the pre-trade, trade, and post-trade lifecycle of alternative investments providing financial advisors and alternative asset managers a single operating system for scale and efficiency.
CAIS serves over 2,000 wealth management firms that support more than 50,000 financial advisors who oversee approximately $6 trillion in end-client assets. Founded in 2009, CAIS is headquartered in New York City with offices in Austin and London.
CAIS continues to be recognized for its innovation and leadership including awards for Alternative Investment Firm of the Year by Wealth Solutions Report, WealthTech100 List by Fintech Global, Great Places to Work by Fortune, Best RIA Platform by SPi, Best Alternative Investments Solution by Finovate, and many others.
For more information about CAIS, please visit www.caisgroup.com.
Securities offered through CAIS Capital LLC, member FINRA, SIPC.
About CAPTRUST
CAPTRUST was founded in 1997 and registered CapFinancial Partners LLC as an independent registered investment advisor in 2003 in Raleigh, North Carolina. The firm provides investment management, financial planning, estate planning, and tax advisory and compliance services for individuals and families. The firm also offers a comprehensive suite of services for ultra-high-net-worth individuals to simplify their financial lives, mitigate risk, and perpetuate their legacies. For retirement plan sponsors, endowments, foundations, and religious entities, CAPTRUST offers investment advisory services, fiduciary support, plan design, provider analysis and fee benchmarking, and employee advice programs. With more than 1,500 employees across 90 locations nationwide, CAPTRUST oversees more than $817 billion in assets, including just over $668 billion in nondiscretionary assets under advisement, and just over $170 billion in discretionary managed account assets (as of December 31, 2023).
Contact
For CAIS
Nadia DamouniEmail address
Want To Learn More?
For more information about investment opportunities available on the CAIS Platform, contact a CAIS representative.
Contact Us
