Mariner Wealth Advisors announced it has formed a partnership with CAIS to expand its offering of alternative investments for its clients.
CAIS, an alternative investment platform for independent financial advisors, is partnering with Mariner Wealth Advisors, a privately held advisory firm with more than $60 billion in assets under advisement. The partnership will give Mariner Wealth Advisors clients access to alternative investment funds and products, as well as educational resources, end-to-end digitized transaction processing, and third-party reporting integrations, the firms said.
The collaboration integrates CAIS’s platform into Mariner Wealth’s existing wealth platform. The firm’s advisors will have access to diversified alternative investment products across asset classes and qualification levels including private equity, private real estate, private credit, venture capital and hedge funds.
CAIS also will assist in the launch of proprietary funds and multimanager funds managed by Mariner Wealth Advisors, while also enabling the firm to add their own sourced third-party funds to the platform for centralized monitoring, transacting and reporting, the firms said.
“This important partnership with Mariner Wealth Advisors ensures that their financial advisors have the necessary tools to meet client demand for alternative investments, while improving operational efficiency,” Matt Brown, founder and CEO at CAIS, said in a statement.
Mariner Wealth Advisors’ wealth teams also will have access to CAIS IQ, a proprietary alternative investment education platform.