Baird Selects CAIS as Enterprise Alternative Investment Platform for Advisors

May 17, 2017

Broad Fund Selection and Custom Integrations Position Wealth Managers for Growth

Baird, an international wealth management, capital markets, private equity and asset management firm, has announced its selection of CAIS as the enterprise alternative investment platform for its financial advisors. Established in 1919, Baird has more than 3,400 associates serving the needs of individual, corporate, institutional and municipal clients, and has more than $170 billion in client assets under management.

“The CAIS platform provides the turnkey access to high-quality alternative investment funds that Baird has been looking for,” said Dayna Kleinman, Director and Senior Product Manager for Alternative Investments at Baird. “Baird advisors can now turn to the CAIS platform when seeking institutional alternative investment options for clients.”

Founded in 2009, CAIS is the leading open-architecture alternative investment product platform offering wealth management professionals a complete end-to-end solution comprised of fund access, independent research and due diligence, execution and ongoing support. The advisor-friendly dashboard facilitates seamless access to a diversified menu of hedge funds, private equity funds, credit/distressed strategies and real estate funds which are all available at lower investment minimums. Upon selecting a fund, the investment experience is streamlined through the use of existing investor profiles as well as an automated subscription process and integrated custodial reporting. All funds are required to undergo independent due diligence by Mercer and summary reports and ratings are made available on the platform to all advisor members.

CAIS’s unique marketplace approach continues to be validated by the adoption of leading wealth management firms and rapid growth in transaction volume. The total transaction volume on the CAIS platform since inception has grown to more than $4.5 billion, marking impressive traction since the $3.5 billion milestone was exceeded in Q4 2016. “Our mission is to offer a platform that empowers all advisors to deliver value to their clients, compete for new business and recruit new advisors,” said Brad Walker, CAIS Managing Director and Head of Alternative Investments. “To that end, we are pleased that the CAIS platform can accommodate the custom needs of Baird’s advisors.”

CAIS’s dynamic fintech platform enables leading wealth management firms to enjoy direct integration between their enterprise portals and the CAIS platform, allowing their advisors to access CAIS as easily as their employee benefits information. Similar integrations with major wealth management custodians and reporting platforms offer advisors the ease of use they seek when engaging with the multiple systems they rely upon to serve their clients. CAIS currently has approximately 600 unique advisors/firms transacting on the platform, and several thousand more approved to transact.

The growth in CAIS’s transaction volume is mirrored by the diversity of firms now using the platform across the spectrum of registered investment advisors (RIAs) and independent broker-dealers (IBDs). In fact, the first quarter of 2017 broke several records for CAIS, including the largest number of both first-time and aggregate unique advisor/firms purchasing a fund or product in a single quarter. “Expanding our network of advisors benefits all CAIS members, as it allows us to attract top-tier funds, improve our technology platform and enhance the overall advisor experience”, said Matt Brown, CAIS Founder and CEO. “Advisors are adopting the CAIS platform and initiating transactions at the fastest rate since our inception. It’s clear that the flywheel effect is kicking in,” continued Brown.

CAIS remains committed to harnessing the full array of its distribution and technical capabilities for the entire independent wealth channel, benefiting RIAs, independent broker-dealers and product providers alike.

About Baird

Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 3,400 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $171 billion in client assets. Committed to being a great place to work, Baird ranked No. 4 on FORTUNE’s 100 Best Companies to Work For in 2017 – its 14th consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s Web site at https://www.rwbaird.com.

About CAIS

CAIS is the leading alternative investment platform for 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 credit, real estate and structured notes, allowing them to capitalize on opportunities and/or withstand ever-changing markets. Additionally, CAIS provides an industry-leading learning system, CAIS IQ, that helps advisors learn faster, remember longer and improve client outcomes.

All funds listed on CAIS 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 Fidelity, Schwab and Pershing, making investing in alternatives simple.

Founded in 2009, CAIS, a fintech leader, is empowering wealth management by leveling the playing field for financial advisors everywhere.

Securities offered through CAIS Capital LLC, member FINRA, SIPC.

Press Contact
Tony Fassi
Jones-Dilworth, Inc.
(512) 826-3428
[email protected]