Matt Brown, founder and CEO of CAIS, outlines the baseline allocation rates to alternative assets within private wealth.
Assertion Not checkable as stated
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.”
Prediction Open · timeframe Sep 2032
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…”
Opinion
Brown: Wealth advisors are completely exhausted with underperforming 60/40 portfolios
“Number one is I think there's complete exhaustion in the 6040 portfolio. It's not performing. It's not outperforming. It's not withstanding challenging markets.”
Insight
Brown: Wealth Management Channel Offers a Level Playing Field for Alternative Managers
“At the end of the day, it's a pretty level playing field to establish trust and brand and become a preferred fund for these wealth management businesses. So we always say is if you follow the playbook, like we talked about, you do have somewhat of a level play…”
Assertion Not checkable as stated
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…”
Opinion
Brown: Advisor demand for alternative investments is at an all-time high
“So I think the need and demand, the pent-up demand to incorporate alternatives is now at a, at an all-time high.”