Ryan Williams, Founder & CEO of Cadre
My journey to Cadre, a company dedicated to expanding access to generational wealth creation, began with a simple act of defiance. As a 17-year-old born in Baton Rouge, Louisiana and raised in a community where people who looked like me didn’t even consider Ivy League colleges, I was told by my guidance counselor that my dream of attending an Ivy League school was unrealistic. Undeterred by their skepticism, I applied and was ultimately accepted to Harvard College. That experience reinforced my belief that expanded access and exposure to opportunities is the key to unlocking one's full potential.
At Harvard, I was surrounded by students from privileged backgrounds, many of whom had parents working on Wall Street or in high-powered government roles. The disparity between my upbringing and theirs was stark, but I refused to let it define my future. Instead, I sought out opportunities to bridge the gap, and founded a financial education group for students of color at the university.
This experience underscored my conviction that true success lies in expanding access to opportunities for all. Years later, when I founded Cadre, I was driven by the vision of democratizing access to alternative investments, a lucrative asset class that had long been the exclusive domain of a very select, closed-end group of institutional investors.
The subprime mortgage crisis and the subsequent passage of the JOBS Act created a unique moment in time. For the first time, individuals were able to invest in alternative assets, opening doors to wealth creation that were previously closed. Simultaneously, advancements in technology and data analytics enabled us to distribute access to these assets more efficiently and at a wider scale.
Cadre's journey has been marked by both exhilarating highs and unexpected challenges. We've weathered market downturns, faced regulatory hurdles, and navigated the ever-changing landscape of the financial technology industry. Yet, through it all, we've remained steadfast in our commitment to expanding access to wealth-building opportunities.
Early this year, as the global economy faced unprecedented turbulence, we recognized the need to adapt and diversify our offerings while staying true to our core values. And in Yieldstreet, we found a like-minded partner, a company that shared our mission of democratizing access to wealth-creating opportunities and whose product offerings complemented our own.
And given the strong relationship between their CEO and myself, we decided to combine our businesses. Our merger marks a significant step forward in our journey. Together, we will leverage our combined expertise and resources to offer a broader range of alternative investments to a wider audience. We will continue to innovate, pushing the boundaries of what's possible in the world of wealth creation.
My life has been shaped by the belief that access to opportunities is the foundation of success. It's this belief that has driven me to challenge the status quo and create new pathways to prosperity for others. Joining Yieldstreet is a testament to this unwavering commitment.
As we move forward, we will continue to expand access to opportunities and empower individuals to take control of their financial futures. Our story is far from over, and I am excited to see what the future holds.
Not AdviceThe views expressed above are presented only for educational and informational purposes and are subject to change in the future. No specific securities or services are being promoted or offered herein.
This communication is not to be construed as investment, tax, or legal advice in relation to the relevant subject matter; investors must seek their own legal or other professional advice.
Performance Not Guaranteed
Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are not guaranteed and may not reflect actual future performance.
Risk of Loss
All securities involve a high degree of risk and may result in partial or total loss of your investment.
Liquidity Not Guaranteed
Investments offered by Cadre are illiquid and there is never any guarantee that you will be able to exit your investments on the Secondary Market or at what price an exit (if any) will be achieved.
Not a Public Exchange
The Cadre Secondary Market is NOT a stock exchange or public securities exchange, there is no guarantee of liquidity and no guarantee that the Cadre Secondary Market will continue to operate or remain available to investors.
Opportunity Zones Disclosure
Any discussion regarding “Opportunity Zones” — including the viability of recycling proceeds from a sale or buyout — is based on advice received regarding the interpretation of provisions of the Tax Cut and Jobs Act of 2017 (the “Jobs Act”) and relevant guidances, including, among other things, two sets of proposed regulations and the final regulations issued by the IRS and Treasury Department in December of 2019. A number of unanswered questions still exist and various uncertainties remain as to the interpretation of the Jobs Act and the rules related to Opportunity Zones investments. We cannot predict what impact, if any, additional guidance, including future legislation, administrative rulings, or court decisions will have and there is risk that any investment marketed as an Opportunity Zone investment will not qualify for, and investors will not realize the benefits they expect from, an Opportunity Zone investment. We also cannot guarantee any specific benefit or outcome of any investment made in reliance upon the above.
Cadre makes no representations, express or implied, regarding the accuracy or completeness of this information, and the reader accepts all risks in relying on the above information for any purpose whatsoever. Any actual transactions described herein are for illustrative purposes only and, unless otherwise stated in the presentation, are presented as of underwriting and may not be indicative of actual performance. Transactions presented may have been selected based on a number of factors such as asset type, geography, or transaction date, among others. Certain information presented or relied upon in this presentation may have been obtained from third-party sources believed to be reliable, however, we do not guarantee the accuracy, completeness or fairness of the information presented.
No U.S. or foreign securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through us.