CAIS, the New York-headquartered independent product platform wealth managers, has selected JP Morgan, Morgan Stanley, Royal Bank of Canada and BNP Paribas for its new open-architecture structured notes platform.

CAIS, the New York-headquartered independent products platform for wealth managers, has selected JP Morgan, Morgan Stanley, Royal Bank of Canada and BNP Paribas for its new open-architecture structured notes platform.

“As our product menu expands, we continue to advance our mission to deliver advisors a true competitive advantage and an improved experience through a single easy-to-use platform,” Matthew Brown, CAIS co-founder and CEO, said in a recent statement.

The platform firm says its service lowers barriers to entry for independent firms looking to access and execute on products.

“By joining the CAIS platform, we are confident that we will be providing efficient access to our offerings to a broad and growing network of advisors who understand structured products and the benefits to deploying them in their clients’ portfolios,”  Larry Wilson, head of structured investments distributor marketing at JP Morgan, said.