The company’s advisors will be able to integrate alternative products and processes into a single operating system.
Captrust Financial Advisors on Tuesday announced a partnership with CAIS, a fintech company and alternative investment platform provider, aimed at helping Captrust advisors integrate alternative investment products and processes into a single platform.
Consolidating alternative investment oversight into a unified platform will help the $800 billion national advisory firm enhance the “alternatives experience” for both advisors and clients, according to the announcement.
“Our collaboration with CAIS will play a key role in reducing the operational burden typically associated with investing in alternatives and building more streamlined and scalable solutions for our customers,” said Captrust Managing Director. said Michael Vogelsang, director and chief investment officer.
Specifically, Captrust has integrated a Software-as-a-Service offering, known as the CAIS solution, to enable independent financial advisors to centrally manage their fund positions through automated processing.
Captrust’s growing network of advisors will also have access to integrated advisor education through CAIS IQ, expanded support for structured investments, and dedicated coverage from CAIS’ advisor-facing experts. The CAIS platform provides direct integration with Captrust’s custodians and reporting providers, including BNY Mellon’s Pershing, Fidelity, Charles Schwab, and Black Diamond.
Matt Brown, founder and CEO of CAIS, said companies like CapTrust are creating “immense value” by moving beyond fragmented technologies and processes and implementing alternatives. He said that it can be released.
“As customer demand for alternatives grows rapidly, we remain focused on combining best-in-class technology and customer service to support the unique needs of independent financial advisors,” said Brown. Stated.
