Cache crossed $2 billion in assets on our platform this week.
The milestone matters. The acceleration matters more.
It took us 21 months to reach our first billion and about seven months to reach our second. Our first $500 million took 16 months. The most recent $500 million took just about three.
To me, that change in pace says something important: concentrated stock is no longer an edge case.
I started Cache after living this problem myself. Much of my net worth was tied to Uber stock, and everyone around me seemed to be in the same boat. The tools that could help existed, but they were built for a different era: high minimums, slow processes, limited capacity, and access largely reserved for private-wealth clients.
When we launched the Cache Exchange Fund in 2024, our thesis was simple. More people were building life-changing wealth in a single stock, but the financial industry had not kept pace with their needs.
Just over two years later, that thesis is becoming mainstream.
Concentrated stock is not a one-product problem. Different tax lots, time horizons, and liquidity needs call for different tools.
What began as one exchange fund has grown into a broader concentrated-stock platform. Today, Cache offers exchange funds across several benchmarks, a tax-aware long/short strategy for investors who want to diversify gradually, and stock-based liquidity solutions for investors who need access to capital without immediately selling the underlying position.
Bringing these tools together allows investors and their advisors to treat concentrated stock as part of a broader financial plan, rather than forcing every situation into the same product.
Today, we work with thousands of investors and their advisors across these solutions. Two billion dollars is a large number. But underneath it are thousands of individual decisions, often involving wealth built through years of work, risk, and conviction. That is the part I do not want us to lose sight of.
Scale matters only when it is paired with stewardship. Cache itself does not custody client assets. Our exchange funds are held at BNY Mellon, independently administered, and audited annually. Long/Short assets are custodied at Schwab.
That structure reflects the responsibility behind the number. Being trusted with such a consequential part of someone’s financial life means building for durability, explaining the potential benefits, risks and trade-offs clearly, and holding ourselves to a higher standard as we grow.
To every client and advisor who trusted us along the way, thank you. We intend to keep earning that trust every day, even through this hypergrowth phase.
Cache Financials, Inc. (“Cache”) operates this website. Cache Securities LLC (“Cache Securities”) is a broker-dealer registered with the U.S. Securities and Exchange Commission (“SEC”) and a member of the Financial Industry Regulatory Authority (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”). SIPC protects securities customers of its members up to $500,000, including $250,000 for claims for cash. Additional information, including an explanatory brochure, is available at www.sipc.org. Information about Cache Securities is also available through FINRA BrokerCheck at https://brokercheck.finra.org. Information about Cache Advisors is available at: https://adviserinfo.sec.gov/
Total assets refer to the gross assets under management across all Exchange Funds and net assets of the Cache Long Short Program managed by Cache Advisors, LLC, assets pending future contribution into an Exchange Fund, assets on the Cache investing platform, and assets that Cache introduced to third parties for purposes of utilizing a Collar Advance that was successfully completed. Assets pending contribution on the platform may be withdrawn at any time and are not managed by Cache. Collar Advance assets are also not managed by Cache. All data is as of August 4, 2026, and will not be updated.
Cache Exchange Funds are alternative investments available only to investors who meet certain eligibility standards. Exchange Funds are intended for eligible investors willing to accept long-term investment risk and limited liquidity, and may carry higher fees than traditional investments. Past performance is not indicative of future results. Exchange funds defer but do not eliminate the need to pay taxes when assets are sold. Diversification may help manage risk, but it does not guarantee profit or protect against loss. All investments carry risk, including loss of principal.
The Cache Long Short Program is managed by Cache Advisors LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Registration with the SEC does not imply a certain level of skill or training. Cache Advisors LLC is a wholly owned subsidiary of Cache Financials, Inc. Certain assets within the Cache Long Short Program may be sub-advised by Brooklyn Investment Group (“Brooklyn” or “BKLN”), an SEC-registered investment adviser that is not affiliated with Cache or its affiliates. Assets associated with the Cache Long Short Program are custodied at Charles Schwab & Co., Inc., a member of SIPC. Neither Brooklyn Investment Group nor Charles Schwab & Co., Inc. is affiliated with Cache or its affiliates.
Long/short investment strategies involve additional risks beyond traditional long-only strategies, including risks associated with leverage, borrowing, short selling, increased portfolio turnover, and heightened volatility. These strategies may result in losses that exceed those of more traditional investment approaches. Any references to objectives, targets, transition plans, or tracking error estimates are based on historical assumptions and estimates and are not guarantees of future results. Actual results may differ materially. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Cache Advisors does not offer financial planning services or asset allocation recommendations; any recommendations are limited to the leverage ratio discussed in the Form ADV. Additional information regarding the Cache Long Short Program, including its investment strategies, risks, fees, and expenses, is available in Cache Advisors LLC’s Form ADV.
For additional information and important disclosures, please visit usecache.com/legal.
Cache Financials Inc. | 95 Third St, Floor 2, San Francisco, CA 94103.
Diversify your stocks without a giant tax bill
Over $100k in a single stock? The Cache Exchange Fund can help.
