
AE Wealth Management Debuts Private Markets Platform for FAs
AE Wealth Management has launched its latest private markets platform, dubbed AE Private Exchange, which is backed by CAIS, an alternative investment platform.
AE Private Exchange, which is targeted towards financial advisors within AE Wealth’s network, provides tech-backed solutions and access to a “curated” list of private market providers, the firm said.
Additionally, advisors will gain access to a wide range of alternative investment strategies, including private equity, real estate, hedge funds, structured investments, and private credit. The platform also provides due diligence, home office oversight, and “comprehensive” educational resources to advisors.
“By streamlining investment workflows and reporting, we’re enabling advisors to spend less time on administration and more time delivering strategic guidance and long-term financial confidence for their clients,” Ben Sullivan, CIO of AE Wealth Management, said.
AE Wealth is an affiliate of Advisors Excel, an independent marketing company, which was founded in 2005.
AE Wealth, launched in 2016 by David Callanan, Cody Foster, and David Bach, offers model portfolio services, financial planning, asset management, and retirement planning, according to its Form ADV Part 2 Brochure.
Topeka, KS-based AE Wealth Management oversees about $37 billion for 111,059 accounts, according to its latest Form ADV, updated in October.
