The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Brown: US wealth advisors lack brand recognition for top alt asset managers
“Broadly across the United States and wealth management, no one really knows any of the names of the asset managers. So there really is no brand recognition really even at the top.”
Brown: Up to $10T will shift from wealth to alts next decade
“So really what we're seeing here is not only a growing wealth market overall, growing allocations to alternative investments, say from three to five percent, 10%, or 15%, which is causing really a massive reallocation of capital from traditional assets to alte…”
Trillions in wealth management are actively transitioning into alternative assets
“It's trillions of dollars that are currently in process of transition away from, let's call it the ETF mutual fund land into the alternative space broadly.
Whether that's hedge funds, private equity, private credit,
Real estate strategies, crypto strategies, a…”
Brown: Blackstone, Apollo, and Ares are competing to brand private wealth alts
“The Blackstones, the Apollos, the Aries, all these firms see the high stakes game of capturing that wealth, and they're going to compete for it and be the brand.”
Brown: SEC is gradually becoming more flexible on alternative fund allocations
“The SEC is also gradually coming towards being a little more flexible on Private fund allocation and registered fund allocation for alternatives.”
Brown: Many alternative allocations are driven by first-time advisors
“If you exclude the very sophisticated wealth management firms that know alts well, many allocations to alts right now are first-time advisors putting money to work in alternatives.”
Brown: Wealth advisor interest in crypto fails to translate into fund inflows
“However, on our platform, it is a highly engaged, if not the most engaged educational content on our platform, but there's no correlation to the follow through of capital into those strategies.”
RIAs allocate under 2% to alternatives compared to wirehouses' 10-15%
“What's interesting though, however, and where the opportunity is, is that the RIA channel has allocation rates to alternative investments less than two percent. Their colleagues in the larger wealth management firms, the wirehouses, on average have allocation …”
Blackstone, Carlyle, and KKR reoriented their businesses around the wealth channel
“There are Many well-known institutional alternative asset managers who have now really reoriented their entire businesses around the wealth channel and the high net worth channel. Blackstone, of course, being one, Carlyle being another, KKR, but it's not limit…”
Brown: US financial advisors manage around $40 trillion in client assets
“U.S. Wealth management, the amount of money that financial advisors advise to Today stands at around 40 trillion dollars. So 40 trillion dollars are advised or managed by financial advisors in America on behalf of their high net worth clients, or their, not ju…”
Brown: US wealth management assets will reach about $60 trillion by 2030
“In 2030, that number is going to grow to about 60 trillion dollars, which isn't necessarily a very large growth rate, but still an enormous number, which means that the U.S. Wealth management market represents one of the largest collective pools of capital glo…”
Brown: US wealth managers allocate less than 5% to alternatives
“What's interesting about it though, when we look at it through the lens of alternative investments, their allocation rates to alternative investments of that 40 trillion is less than five percent, probably closer to two or three percent broadly on average.”
Brown: Distribution of unchanged institutional alternative products to wealth is growing rapidly
“Asset management firms in the alternative space that are using their institutional products. So not changing product structure, they're delivering the same product and outcome that they are to institutions into wealth management. And that's been growing at a v…”
Brown: Private credit and floating-rate assets are seeing strong advisor inflows
“And then of course, just general volatility, the predictable income from private credit and low volatility in that market has collected a lot of dollars. When the markets are unstable, and there's something very attractive about that private credit market. Any…”
Brown: Top PE firms like KKR and Apollo are tokenizing fund interests
“We're also seeing firms, and most recently KKR just announced this. Apollo also announced one. Hamilton Lane as well. They are tokenizing interests of their funds and putting them on the blockchain.”
CAIS now processes billions in alternative asset transactions annually
“And we've been able to really just create this organic flywheel effect between both sides of the market and billions of dollars a year of transactional volume is crossing our platform between these two communities for the first time.”
CAIS cut alternative fund minimums from $10 million to $100,000
“We reduce the minimums from 10 or twenty million dollars down to a 100,000 dollars. We didn't increase the fees or price.”
Crypto leads CAIS education but sees the fewest actual investment allocations
“Now, crypto, interestingly, just as a category, has the highest level of engagement
An interest in learning and probably the lowest level of investment probably doesn't surprise you.
More people are interested to know what's going on in this space, but it has …”