CAIS Partners with Buckingham Strategic Wealth to Deepen Learning and Development Opportunities for the Wealth Management Community
NEW YORK–(COMMERCIAL THREAD) – CAIS, the industry’s leading alternative investment and financial education platform, today announced a partnership with Focus Financial Partners Buckingham Strategic Wealth, LLC (“Buckingham”), an independent Registered Investment (RIA) with approximately $ 21 billion in AUM and over 40 locations nationwide (as of June 30, 2021). The partnership will integrate original Buckingham content into the CAIS IQ learning platform to provide Buckingham financial advisors with learning and development opportunities on topics ranging from the science of client motivation to incorporation strategies and heritage protection.
“We believe CAIS IQ’s science-based approach to learning is the future of financial education by organizing an advisor’s experience to promote retention based on that advisor’s unique prior knowledge and rates. ‘learning and forgetting,’ said Aaron Gray, general manager of Integrated Experience at Buckingham. “We are excited to leverage our content on CAIS IQ’s technology platform to equip our financial advisors with a broader set of tools to help them serve their clients more effectively.
CAIS IQ uses artificial intelligence and machine learning to scale proven cognitive science and enable financial advisors to learn faster and remember for longer. For each individual advisor, the platform measures the rate of information absorption and knowledge degradation, simultaneously calculating the precise moment to review in order to achieve maximum retention. According to CAIS research, users have seen up to 50% reduction in the time spent learning through the platform compared to traditional learning methods.1
CAIS IQ recently added rich media formats like videos, webinars, and podcasts to accelerate advisor engagement, resulting in a 21% increase in active users in the last month alone. The platform brings content from industry leaders to financial advisors via web and mobile applications designed to deliver lasting and actionable knowledge. CAIS IQ is modular and works best when consumed in short bursts to accommodate the busy schedules of financial advisors.
“We have found that advisors not only want to learn from their peers and colleagues in the industry, but they want to learn in different ways and formats that our industry has traditionally offered. By partnering with leading companies like Buckingham and truly personalizing the learning experience, CAIS IQ is breaking the paradigm of advisor education, ”said Andrew Smith Lewis, Director of Innovation at CAIS.
Nearly 20,000 advisers on the CAIS platform have access to CAIS IQ. Since the launch of CAIS IQ in November 2019, active advisors have accumulated over 5,800 hours and learned over 280,000 financial concepts  . The Investment Wealth Institute (IWI) and the Certified Financial Planner Board (CFP) both accept certain CAIS IQ courses and webinars for continuing education (CE) credit. CAIS IQ is provided free of charge to registered clients of CAIS, which include AIRs and independent brokers across the country.
CAIS is the leading alternative investment and financial education platform for financial advisors seeking better access and education on alternative investment funds and products. CAIS provides financial advisors with a wide selection of alternative investment strategies, including hedge funds, private equity, private credit, real estate, digital assets and structured notes, enabling them to take advantage of opportunities and / or constantly changing markets. In addition, CAIS provides a state-of-the-art learning system, CAIS IQ, which helps advisors learn faster, memorize longer, and improve customer service.
All funds listed in CAIS are subject to independent due diligence and ongoing monitoring by Mercer. Mercer due diligence reports and fund ratings are available to advisors on the CAIS password protected platform. CAIS streamlines the end-to-end transaction process through digital subscriptions and integrated reporting with Fidelity, Schwab and Pershing, making investing in alternatives more accessible.
Founded in 2009, CAIS, a leader in financial technology, empowers over 4,200 unique consulting firms / teams that oversee more than $ 2 million in network assets. Since its inception, CAIS has facilitated over $ 13 billion in transaction volume. CAIS is the first open marketplace where financial advisors and asset managers engage and trade directly on a large scale.
Securities offered through CAIS Capital LLC, member FINRA, SIPC.
About Buckingham Strategic Wealth
Buckingham Strategic Wealth, LLC (“Buckingham”) helps individuals, families, businesses, trusts, non-profit organizations, pension plans and medical practice owners achieve their most important personal and financial goals by creating personalized, comprehensive and evidence-based financial plans. Buckingham’s investment philosophy is anchored in an academic approach designed to meet the willingness and ability of each client to accept market risk. As a registered investment advisor, Buckingham has a fiduciary duty to its clients. Registration does not imply a certain level of skill or training and does not imply that the SEC has approved or approved the qualifications of Buckingham or its representatives. Buckingham’s approach to investing is centered on modern portfolio theory implemented through passively managed mutual funds and the firm’s fixed income portfolio design and execution capabilities. Based in St. Louis, Buckingham has 43 offices in 22 states. For more information, visit www.BuckinghamStrategicWealth.com.
1. Source: Cerego, How Cerego Changed the Way Bryan University Learns: From Student to Staff, https://www.cerego.com/customer-stories/how-cerego-changed-the-way- bryan-university-learns-from-students-to-staff