Key Takeaways
- • CAIS, an alternative investment platform providing financial advisers with access to a range of alternative strategies including hedge funds, has reported rapid adoption of its CAIS IQ learning system.
- • CAIS IQ is designed to help independent financial advisers build confidence and hold more valuable client conversations about alternative investments.
- • The system gives advisers autonomy to select learning paths aligned with their goals, and is positioned as a tool for home offices to monitor and supervise advisers' progress on fund-specific courses.
- • Publisher materials cite an adoption figure of roughly 9,000 advisers and recent broker-dealer relationships, including Advisor Group and National Holdings Corporation.
Summary
Alternative investment platform CAIS has reported rapid adoption of CAIS IQ, its learning system for financial advisers, according to a Hedgeweek report dated August 17, 2020, which points readers to a fuller story at Wealth Adviser. The primary source is brief, so the details below draw on the publisher's own materials describing the product.
CAIS IQ is designed to help independent financial advisers build confidence and lead more valuable client conversations about alternatives. The platform allows advisers to choose a learning path aligned with their goals and motivations, with the stated aim of deepening their understanding of alternative investments. Publisher materials describe the system as built on education research and say it is intended to help advisers "learn faster, remember longer, and master alternative investments."
The product has also been adopted at the home-office level. Publisher materials describe a Advisor Group selection of CAIS for monitoring and supervising financial advisers' progress on fund-specific courses, and a National Holdings Corporation arrangement giving its financial professionals access to CAIS IQ. CAIS has said the tool gives home offices the control, oversight, and permissions needed to learn about and allocate to alternative investments.
CAIS founder, chairman and CEO Matt Brown has described the alternative investment market as being in its early innings, with demand from advisers still developing. The publisher materials also describe CAIS as an open marketplace where advisers and asset managers can transact directly. Specific adoption metrics beyond the approximately 9,000 advisers cited in publisher materials were not provided in the primary source.
CAIS IQ is designed to help independent financial advisers build confidence and lead more valuable client conversations about alternatives. The platform allows advisers to choose a learning path aligned with their goals and motivations, with the stated aim of deepening their understanding of alternative investments. Publisher materials describe the system as built on education research and say it is intended to help advisers "learn faster, remember longer, and master alternative investments."
The product has also been adopted at the home-office level. Publisher materials describe a Advisor Group selection of CAIS for monitoring and supervising financial advisers' progress on fund-specific courses, and a National Holdings Corporation arrangement giving its financial professionals access to CAIS IQ. CAIS has said the tool gives home offices the control, oversight, and permissions needed to learn about and allocate to alternative investments.
CAIS founder, chairman and CEO Matt Brown has described the alternative investment market as being in its early innings, with demand from advisers still developing. The publisher materials also describe CAIS as an open marketplace where advisers and asset managers can transact directly. Specific adoption metrics beyond the approximately 9,000 advisers cited in publisher materials were not provided in the primary source.
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