Different funding platform CAIS has launched CAIS Advisors, an RIA division created to help monetary advisors with streamlining portfolio development. The division plans on providing advisory companies, customizable mannequin portfolios centered on different investments and multi-manager registered options. Neil Blundell, the agency’s chief funding officer, will lead CAIS Advisors.
A survey of asset managers and third-party mannequin suppliers revealed this July by market analysis agency Cerulli Associates discovered that nearly 60% of respondents mentioned that offering customized mannequin portfolios is without doubt one of the three most essential present initiatives for his or her corporations.
In the meantime, CAIS Advisors’ multi-manager registered options will present customers with entry to diversified asset allocation automobiles with merchandise starting from non-public fairness, non-public debt and actual property to hedge funds and thematic investments. Earlier this yr, for instance, CAIS added a number of funds from different asset big Blackstone to its market.
“Regardless of rising curiosity in different investments, advisors proceed to face hurdles in allocating to alternate options, particularly how they match into the broader portfolio,” Blundell mentioned in a press release. “CAIS’ expertise, mixed with our advisory capabilities, permits monetary advisors to streamline their different funding expertise via an built-in suite of options.”
CAIS additionally plans to launch Compass, a portfolio development device for creating and analyzing asset allocation in different investments. Compass might be built-in inside CAIS’ present platform, permitting advisors to pick merchandise from the CAIS Market and begin transactions throughout the platform.