Key Takeaways
- • CAIS, a New York-based alternative investment platform for independent financial advisors, announced seven new members to its CAIS Advisory Council (CAC), which was established four years ago.
- • New members include executives from MassMutual Wealth Management, NewEdge Wealth, AllianceBernstein, &Partners, Edward Jones, AE Wealth Management and Focus Partners Wealth.
- • CAIS reported that its capital raise valued the company at more than $2 billion, with platform transaction volume up 53% year-over-year and total platform assets up 55% in the first half of 2026.
- • The CAC will convene at the fifth annual CAIS Summit, scheduled for October 12-15, 2026, at The Beverly Hilton in Beverly Hills.
Summary
CAIS announced seven new additions to the CAIS Advisory Council ("CAC" or "the Council"), according to a Business Wire release datelined New York. The company describes the Council as a forum where leaders across the independent wealth community engage directly with CAIS leadership on the evolving needs of financial advisors and industry trends. Feedback from the Council informs CAIS's roadmap, including its approach to education, integrations and technology intended to make alternative investments easier for advisors to access and incorporate into existing workflows.
The newest members are Araceli Corsini, Head of Alternatives, MassMutual Wealth Management; Chloe Reed, Principal, Investment Solutions, Alternative Investments, NewEdge Wealth; Tuppy Russo, Head of Client Technology and Operations for AllianceBernstein; Mark Rynasiewicz, Partner and Head of Product, &Partners; Steve Snyder, Senior Product Leader, Alternatives and SMAs, Edward Jones; Ben Sullivan, Chief Investment Officer, AE Wealth Management; and Chris Wilde, Managing Director, Portfolio Implementation & Investment Operations, Focus Partners Wealth. The release says the new members bring experience in investments, technology, operations and product.
Brad Walker, Co-President of CAIS, said the Council was built to give the company firsthand insight into how advisors think about alternatives and which platform offerings would add the most value. The company says this input has shaped its focus on pairing access with education and reducing the operational complexity of adding alternatives to client portfolios.
The announcement comes as CAIS reports continued growth. According to the release, the company completed its capital raise at a valuation of more than $2 billion, platform transaction volume rose 53% year-over-year, and total platform assets grew 55% in the first half of 2026. CAIS also said it added strategies from nearly 40 new and existing alternative asset managers over the past six months and expanded offerings across CAIS Capital Markets, including structured investments, portfolio hedging solutions, outcome-oriented ETFs and managed strategies.
The Council will convene at the fifth annual CAIS Summit, October 12-15, 2026, at The Beverly Hilton, which the company says will draw more than 1,200 advisors, asset managers and industry leaders. CAIS describes itself as serving more than 2,500 wealth management firms, more than 65,000 advisors and approximately $8.5 trillion in end-client assets. The company was founded in 2009.
The newest members are Araceli Corsini, Head of Alternatives, MassMutual Wealth Management; Chloe Reed, Principal, Investment Solutions, Alternative Investments, NewEdge Wealth; Tuppy Russo, Head of Client Technology and Operations for AllianceBernstein; Mark Rynasiewicz, Partner and Head of Product, &Partners; Steve Snyder, Senior Product Leader, Alternatives and SMAs, Edward Jones; Ben Sullivan, Chief Investment Officer, AE Wealth Management; and Chris Wilde, Managing Director, Portfolio Implementation & Investment Operations, Focus Partners Wealth. The release says the new members bring experience in investments, technology, operations and product.
Brad Walker, Co-President of CAIS, said the Council was built to give the company firsthand insight into how advisors think about alternatives and which platform offerings would add the most value. The company says this input has shaped its focus on pairing access with education and reducing the operational complexity of adding alternatives to client portfolios.
The announcement comes as CAIS reports continued growth. According to the release, the company completed its capital raise at a valuation of more than $2 billion, platform transaction volume rose 53% year-over-year, and total platform assets grew 55% in the first half of 2026. CAIS also said it added strategies from nearly 40 new and existing alternative asset managers over the past six months and expanded offerings across CAIS Capital Markets, including structured investments, portfolio hedging solutions, outcome-oriented ETFs and managed strategies.
The Council will convene at the fifth annual CAIS Summit, October 12-15, 2026, at The Beverly Hilton, which the company says will draw more than 1,200 advisors, asset managers and industry leaders. CAIS describes itself as serving more than 2,500 wealth management firms, more than 65,000 advisors and approximately $8.5 trillion in end-client assets. The company was founded in 2009.
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