Industry veteran David Canter has joined New York City-based CAIS, an alternative investment platform for independent financial advisors, as a strategic advisor, CAIS announced Thursday.
Canter was previously at Fidelity Investments for more than a decade where he led the RIA and family office segments and spearheaded the practice management and consulting practice for Fidelity Institutional. Prior to that, he held a senior leadership position at Charles Schwab.
Canter left Fidelity in August of last year to become CEO of BlueSpring, an RIA aggregator, but the position didn't work out. He currently serves as trustee to Accordant Investments family of mutual funds, a board member of Invest in Others, and a prior board member of the Foundation for Financial Planning.
“We are excited to have David join the CAIS team at a time when independent advisors are adopting CAIS technology as their primary solution to scale alternative investments,” Matt Brown, CAIS founder and CEO, said in a statement. “David has been a champion of the RIA community for decades; his deep experience and network will have a meaningful contribution to our mission.”
CAIS focuses its business on independent advisors and Canter will enable the firm to advance its business, CAIS said.
“I’ve had the pleasure of working alongside CAIS while at Fidelity, and also as a member of the CAIS Advisory Council for the better part of the last decade,” Canter said in a statement. “I’m looking forward to working closely with the entire CAIS team as they continue to develop best-in-class technology solutions for the independent advisor community.”