NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced its collaboration with Ares Wealth Management Solutions (“AWMS”) to host select alternative investment strategies from Ares Management (“Ares”) and extend their reach to a broader audience of independent brokers Expand Dealers (IBDs) and Registered Investment Advisers (RIAs).
CAIS will work with AWMS to develop customized investment solutions that support new wealth flow and business development opportunities for the independent advisory community. AWMS, in turn, expects to benefit from access to CAIS’ data-rich dashboard, which will help measure product interest from more than 6,600 consulting firms and teams on the platform. This strategic partnership is designed to enhance the sales and marketing capabilities of Ares’ multiple investment solutions, including its Evergreen, Drawdown and ’40 Act funds.
“Ares and AWMS share our goal of expanding alternative investment access to IBDs and RIAs, especially as public market performance comes under closer scrutiny,” said Matt Brown, Founder and CEO of CAIS. “The modern three-dimensional portfolio is here to stay, and we believe that firms like Ares and AWMS, with their scale and commitment to the wealth management community, will play a strong role in bridging the gap between alternative investment managers and financial advisors.”
With the majority of finance professionals citing a lack of educational resources as a barrier to investing in private markets, AWMS will also benefit from CAIS’ technology-enabled educational platform, CAIS IQ, which helps independent financial advisors master various alternative investments and understand their role in client portfolios play and build a customer base looking for alternative engagements.
“Through technology and education, CAIS has provided a key entry point to the fragmented community of independent advisors,” said Raj Dhanda, Partner, Global Head of Wealth Management at Ares Wealth Management Solutions. “We are excited to bring select Ares products to the CAIS platform and create custom learning content for CAIS IQ as part of our broader corporate commitment to this audience.”
Representatives from Ares and AWMS will attend CAIS’ inaugural Alternative Investment Summit, a three-day thought leadership event taking place October 17-19 at the Beverly Hilton in Los Angeles, California. To learn more or to apply for membership, click here.
CAIS is the leading alternative investment platform for financial advisors seeking enhanced access to and education about alternative investment funds and products. CAIS offers financial advisors a wide range of alternative investment strategies including hedge funds, private equity, personal loans, real estate, digital assets and structured notes that enable them to capitalize on opportunities and/or withstand ever-changing markets. CAIS also offers custom solutions for advisers who want to create bespoke fund vehicles based on the ideas they originate.
CAIS also offers an industry-leading learning system, CAIS IQ, to help advisors learn faster, remember longer and improve client outcomes.
All funds listed on CAIS are subject to independent due diligence and ongoing monitoring by Mercer. Mercer diligence reports and fund ratings are available to advisors on CAIS’ password-protected platform. CAIS streamlines the end-to-end transaction process through digital subscriptions and integrated reporting with Fidelity, Schwab and Pershing, making it easy to invest in alternatives.
Founded in 2009, CAIS, a leading fintech firm, powers more than 6,600 unique advisory firms/teams serving more than $2.5 trillion in network assets. Since its inception, CAIS has enabled over $18 billion in transaction volume as the first truly open marketplace for financial advisors and wealth managers to engage and transact at scale. CAIS has offices in New York, Los Angeles, Austin and San Francisco. For more information about CAIS, visit www.caisgroup.com.
Securities offered by CAIS Capital LLC, member FINRA, SIPC.
Ares wealth management solutions
Ares Wealth Management Solutions (AWMS) oversees the product development, sales, marketing and client management activities of investment offerings for the global wealth management channel. With a team of approximately 110 professionals and supported by the power and scale of the Ares Management Platform, AWMS represents one of the most resourceful asset sales and client services teams in the alternative industry. AWMS’ mission is to provide advisors and their clients with access to innovative, solution-oriented investment opportunities across Ares Management’s credit, private equity, real estate and secondary strategies. Through our range of institutional and retail structures, coupled with excellent customer service and educational resources, we help investors diversify their portfolios with private markets solutions designed to deliver consistent, long-term growth. For more information, visit: www.areswms.com.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager providing clients with complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We strive to provide flexible capital to support businesses and create value for our stakeholders and within our communities. Through collaboration between our investment groups, we aim to deliver consistent and attractive investment returns across all market cycles. As of June 30, 2022, Ares Management Corporation’s global platform has approximately $334 billion in assets under management, with over 2,300 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, visit www.aresmgmt.com.