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.
Most firms place a limit on advisors’ sales of alternative investments to clients in the neighborhood of 10% a customer’s net worth.
Those jumping ship include women advisors and breakaways.
Firms in New York and Arizona are the latest additions to the mega-RIA.
The agent, Todd Bernstein, 67, has been charged with four counts of insurance fraud linked to allegedly switching clients from one set of annuities to another.
“While harm certainly occurred, it was not the cataclysmic harm that can justify a nearly half billion-dollar award to the State,” Justice Peter Moulton wrote, while Trump will face limits in his ability to do business in New York.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
