CAIS Adds Two Industry Influencers to Advisory Council

March 19, 2019

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.

Click here to read the Envestnet and Kudu research paper on The Disruption in Asset Management via the CAIS platform.

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.

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