Calamos Investments Ranks Among America’s Leading RIA Firms
Calamos Investments has once again made headlines by earning a coveted place on Forbes’ list of America’s Top RIA Firms for 2025. This recognition marks a significant achievement for the firm, which was established in 1977 by John P. Calamos, Sr., a Greek-American entrepreneur.
Overview of Calamos Investments
Headquartered in Naperville, Illinois, Calamos Investments has expanded its operational footprint with offices in several major cities:
- Chicago
- New York
- San Francisco
- Milwaukee
- Portland
- Miami area
Leadership and Growth
Under the guidance of President and CEO John Koudounis, Calamos Investments has seen its assets nearly double. The firm has established itself as a major player in the liquid alternatives sector, now ranking as the third largest provider in the United States.
Innovative ETF Launches
In October 2025, Koudounis announced the introduction of three innovative Laddered Bitcoin Structured Alt Protection ETFs:
- CBOL – 100% protection
- CBXL – 90% protection
- CBTL – 80% protection
These ETFs are designed to enhance diversification and strengthen investor portfolios, marking a significant milestone in the ETF industry.
New Hedge Fund Access
Additionally, the firm launched the Calamos Aksia Hedged Strategies Fund (HEDGX), which offers access to a diverse range of hedge fund managers through a single, actively managed portfolio. This fund is the third interval fund introduced under the AC Private Markets banner, combining the expertise of Calamos in liquid alternatives and Aksia’s prowess in alternatives and private markets.
Conclusion
Calamos Investments continues to redefine the landscape of wealth management. Its commitment to innovation and growth has solidified its position among America’s leading RIA firms.
