Summary
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.
Happy Thursday, advisors!
In today’s newsletter, Joyce Lai explores why, with more clients integrating crypto into their estate plans, traditional advisors risk losing relevance by ignoring this growing, long-term asset class.
Then, in “Ask an Expert,” Bryan Courchesne, CEO of DAiM, answers questions about market sentiment and investment trends.
Happy reading.
Crypto is already in your clients’ estate plans. Are you managing it?
As digital assets and blockchain technology become part of the backbone of traditional finance, more individuals view crypto as something to hold for the long term, long enough to pass to their children as part of an estate plan. Despite that, a gap remains between what clients already own and what traditional advisors will touch. And in a world where an advisor’s value is not only investment advice but the ability to make clients’ lives easier — whether by reducing the number of accounts, amount of paperwork, or number of people to call to get things done — that gap is a touch point where advisory relationships will be won or lost.
