Sanctuary Wealth recently launched the Sanctuary Wealth AltVantage Program, or SWAP for short, in partnership with CAIA Association, the global professional body for the alternative investments industry. SWAP will offer Sanctuary advisors complimentary access to the Fundamentals of Alternative Investments (FAI) certificate program on the UniFi by CAIA platform through a sponsorship with Franklin Templeton and FS Investments.
The FAI certificate program educates advisors to position alternative investments in a client’s portfolio and communicate the products’ unique benefits, drawbacks and implementation considerations.
According to a company release, the initiative is being led by Patrick McGowan, head of Manager Research and Alternative Investments will lead the inaugural cohort of Sanctuary advisors in the FAI certificate program, supplementing the program with a monthly forum to engage in in-depth discussions on alternative investments, analyze market trends, and explore sophisticated portfolio construction techniques.
“SWAP represents a pivotal opportunity for our Partner Firms to deepen their understanding of the alternative investment landscape,” said Mr. McGowan. “With projections indicating a potential $20 trillion influx of capital into the alternative space in the coming years, it’s crucial that our Partner Firms are well equipped to navigate and capitalize on these opportunities for our clients.”
The FAI certificate program is accessed through UniFi by CAIA, a learning platform designed to educate professionals across the private wealth management industry. The Fundamentals of Alternative Investments program represents the flagship certificate of the UniFi by CAIA platform.
The program provides a foundational overview of alternative investments from the perspective of client-facing professionals. The program’s coverage takes a goals-based approach to alternative investments. It covers strategies like private equity, private credit, real assets, and hedge funds and methods of accessing and implementing them into a client’s portfolio.
Aaron Filbeck, managing director and head of UniFi by CAIA at CAIA Association said, “We’ve seen a multi-year trend of providing better access to alternative investments for the wealth management community. When implemented correctly, alternative investments can enhance client outcomes, but they also bring more complexities than traditional markets and therefore require further education.”
“The response to SWAP from our Partner Firms has been overwhelmingly positive,” said Oksana Poznak, Director of Strategic Partnerships. “We’re trying to better equip our advisors for the growing demand coming from democratizing alternative investments. We thank our Strategic Alliance Partners, Franklin Templeton, and FS Investments, for their support in bringing this program to our advisors. Their contributions will allow them to excel in this increasingly important part of the market.”
The 15-hour program qualifies participating advisors for continuing education credit from credential-granting bodies including the CFP Board, the Investments & Wealth Institute, CIRO and NASBA.