Abby Salameh of CAIS on growing alternative investments

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This new year, unwrap a special look at the Future Proof Festival through a series of interviews with insiders and newsmakers conducted by the Financial Planning editorial team.

In this clip, Abby Salameh, the chief marketing officer of alternative investment platform CAIS, spoke with FP Chief Correspondent Tobias Salinger about the trends driving the New York-based firm's valuations to $1 billion in its latest funding round of $225 million last year. Salameh joined the firm in November 2021 after tenures with registered investment advisory firm aggregator Hightower and independent wealth management firm Private Advisor Group.

New technologies developed by firms such as CAIS are attracting financial advisors and investors to alternative products getting renewed attention amid the losses in stock and bond values in 2022. 

The products could draw as much as 24% of global investable assets by 2025 from only half that share in 2018, according to one study by the Chartered Alternative Investment Analyst Association. CAIS has reached integration agreements with many of the largest wealth management firms that reduce the paperwork and other steps involved with learning about the products and investing in them, Salameh said in the interview.  

Check out the full interview below.

Future Proof, an event billed as the first wealth festival, attracted more than 2,200 people to Huntington Beach, California, earlier this year. Financial Planning was a sponsor of the event. Dates for Future Proof 2023 have already been announced. The event is slated to return to the beach Sept. 10-13, 2023.