Focus Financial Partners has launched a customized version of the CAIS Capital alternative investments platform for use by its more than 80 partner firms. The platform offers access to alternative investments, adviser education, independent due diligence and end-to-end digitized transaction processing and third-party reporting integrations, Focus said in a release.
The custom CAIS platform will allow Focus partner firms to evaluate hedge funds, private equity, private credit, real estate, digital assets, and structured notes.
CAIS also will launch and operate customized proprietary feeder funds and multimanager funds that will be available only through the CAIS platform, which can accommodate partner firms’ own sourced third-party funds permitting centralized monitoring, transacting, and reporting.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
