If you are an adviser who cannot invest in digital assets for your clients due to practice restrictions, finding ways to meet client needs even without direct control of assets can be a worthwhile undertaking.
Ensuring that a client’s outside cryptocurrency exposure is incorporated into their financial planning picture can give them confidence that you are taking time to fully understand their risk exposure.
Alternatively, researching and understanding the myriad ways in which public companies are investing in digital assets and associated technologies can reveal opportunities that may potentially be better than the digital assets themselves.
At the very least, you as an adviser will be more knowledgeable and will be able to provide valuable guidance to your client in a risk-aware manner.
Matt Apkarian is senior analyst in product development at Cerulli Associates
