Advisor Group selects CAIS for alternative investment access and education

By Edlyn Cardoza

CAIS, a leading alternative investment platform for independent financial advisors, recently announced its selection by Advisor Group to provide a platform solution for improved alternative investment access, education, and transaction workflow. Advisor Group is the nation’s largest network of independent wealth management firms, with over 10,100 financial advisors overseeing over $515 billion in client assets.

“We were looking for a trusted long-term partner and what attracted us to CAIS was their flexibility to customize the platform’s product menu, simplify the transaction process, and integrate our wealth management ecosystem to help solve the needs of all types of clients, from high-net-worth to mass-affluent,” said Shannon Larson, SVP, Platform Management and Product Development at Advisor Group.

Advisor Group’s financial professionals will access a curated menu of alternative investment products through the CAIS platform, including hedge funds, private equity, real estate, and private credit. All funds will undergo Mercer’s third-party independent due diligence, giving Advisor Group’s Home Office and financial advisors additional confidence in the funds they select for their clients.

“We are pleased to be Advisor Group’s solution for alternative investment access and education,” said Matt Brown, Founder and CEO at CAIS. “Our platform’s ability to integrate with Advisor Group’s third-party custodians, reporting providers and other vendors ensures an easy and seamless workflow.”

CAIS’ platform seamlessly integrates with Advisor Group’s ecosystem, including the leading custodians and reporting providers. This integration automates and streamlines the reporting and document workflow process, enabling financial professionals to browse, research, transact, and operate in a connected ecosystem.

Advisor Group’s financial professionals will further benefit from access to CAIS IQ, a personalised learning system for mastering alternative investments. CAIS IQ will help the Advisor Group’s home office monitor and supervise financial advisors’ learning progress on fund-specific courses provided via the CAIS platform and foundational and asset class-themed courses available for CE credits.

“CAIS and Advisor Group share a commitment to lead with learning. CAIS IQ’s customized, interactive courses will provide advisors with the knowledge to help them allocate to alternative investments confidently while meeting our firm’s compliance requirement,” said Larson.

This partnership announcement follows the company securing over $325 million in growth capital from Apollo, Motive Partners, Franklin Templeton, Reverence Capital Partners, and Stone Point Ventures, which values the Company at more than $1.1 billion.