The deal will give Orion’s Wealth Advisory and OCIO clients access to private equity, debt and real estate products, as well as hedge funds.
Orion, a wealthtech firm serving fiduciary advisors, has selected CAIS, an alternative investment platform for independent advisors, to provide Orion’s wealth advisory and outsourced chief investment officer (or OCIO) clients with access to alternative investment funds and products.
“We’re excited to integrate with CAIS to provide access to alternative investment strategies from leading asset managers,” said Natalie Wolfsen, Orion’s CEO.
Wolfsen cited CAIS’ technology, broad fund selection, online educational platform, technology integrations and independent due diligence relationship with Mercer.
The collaboration between CAIS and Orion will provide access to private equity, private debt, private real estate and hedge funds to Orion’s Wealth Advisory and OCIO clients. Orion plans to expand access to Orion Portfolio Solutions and Orion Advisor Technology clients soon.
A recent CAIS-Mercer survey of more than 250 independent financial advisors found that 85% of respondents expect to increase allocations to alternatives by 2025, with 78% saying it helps clients meet goals and objectives, according to Orion.
“This collaboration is underscored by our unwavering commitment to the independent advisor, and we are pleased to be providing our best-in-class alts technology infrastructure to help Orion’s vast advisor network better serve their clients,” said Matt Brown, CAIS’ founder and CEO.
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