So, as it stands, advisors are not meeting client needs. This will leave clients under-allocated at a time when the asset is still experiencing outperformance relative to traditional assets. The opportunity cost of forgoing significant alpha could significantly impair client performance over the long run. It is crucial for advisors to realize the time is now to position their clients for future success. It’s time for advisors to educate themselves on this asset class and pass on what they learn to clients. Remember, as an advisor, a diversified portfolio does not need a significant allocation to crypto. A 5-10% allocation to bitcoin can go a long way. We are not there yet, but hopefully, the tide is turning.
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Roxanna Islam, Sarah Morton
https://www.coindesk.com/business/2024/09/19/crypto-for-advisors-are-advisors-investing-in-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-09-19 15:00:00