A former chief technology officer at Morgan Stanley Wealth Management has been tasked with driving a leading alternative investment platform for financial advisors.
Kan Kotecha has joined CAIS as its chief technology officer with a brief to accelerate a simplified user experience for financial advisors, asset managers, custodians, TAMPS, and other key ecosystem partners.
Leading a team of engineers, he will be responsible for developing a unified operating system for alternative investments and will be a thought leader for investment and wealth management professionals as the technology landscape evolves with AI and other emerging technologies.
“We are thrilled to welcome Kan during a pivotal moment for the firm and industry at large,” said Matt Brown, CEO of CAIS. “With technologists now making up nearly half of the CAIS team, we are uniquely positioned to further expand and enhance our vision to create the most connected alternative investment operating system across the pre-trade, trade, and post-trade lifecycle.”
As well as his experience at Morgan Stanley, Kotecha’s two decades of developing innovative solutions includes leadership roles in corporate engineering at Google.
He explained why he decided CAIS was the next step for his career.
“From the start, I was drawn to the firm’s dedication to revolutionizing the industry with modern technology,” he said. “I am also deeply impressed with the firm’s culture, which promotes excellence and inclusion. I'm thrilled to bring my experience in large-scale engineering and wealth management to amplify CAIS' already impressive track record of disrupting the industry with groundbreaking tech solutions and partnerships.”
CAIS has been expanding its capabilities through partnerships in recent months including MassMutual and Captrust and also through bolstering its team, including hiring Chris Zuczek who joined CAIS in 2023 as chief product officer.
The move to charge data aggregators fees totaling hundreds of millions of dollars threatens to upend business models across the industry.
The latest snapshot report reveals large firms overwhelmingly account for branches and registrants as trend of net exits from FINRA continues.
With more than $13 billion in assets, American Portfolios Advisors closed last October.
Robert D. Kendall brings decades of experience, including roles at DWS Americas and a former investment unit within Morgan Stanley, as he steps into a global leadership position.
Snowden Lane taps Pontera for held-away retirement account management, while Opto Investments enhances an Indiana-based independent RIA's private markets offering.
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.
