Forged in the trade.

With over 25 years of experience, he has built multiple derivatives businesses at the institutional level. During the Great Financial Crisis, Cem ran one of the world's largest proprietary market-making firms by volume, at its peak accounting for approximately 13% of the daily S&P 500 options volume.

Market makers evaluate the risk of large securities transactions and extract profits by providing liquidity to the market and absorbing supply and demand imbalances. They price and manage these imbalances with sophisticated relative-value risk models. In other words, a market maker is a risk manager.

Following the sale of that firm, Cem founded Kai Volatility Advisors, where he developed and ran institutional volatility and alternatives strategies. That work became the foundation for Kai Wealth, which brings the same investment philosophy to high-net-worth clients.

Cem leads Kai Wealth and Kai Volatility Advisors from Chicago, IL. He holds a bachelor's degree from Rice University with a triple major in Mathematical Economic Analysis, Policy Studies, and English, and an MBA from Northwestern University's Kellogg School of Management with an emphasis in Analytical Finance and Management & Strategy.