Another day, another crypto move by a big name in wealthtech.
Only two weeks after it debuted a cryptocurrency partnership, Betterment introduced four managed cryptocurrency portfolios to its more than 730,000 customers. Last week, competitor Envestnet unveiled its own partnerships.
Betterment, the nation's biggest robo advisor, is also urging investors to take it slow. Along with the themed portfolios, the company recommends that customers limit their crypto exposure to no more than 5% of their investable assets, a move that insiders are calling a welcome piece of advice. Check out the full story and all of the details at Financial Planning.
Yet another crypto offering means there is a lot to learn, and Financial Planning is here to help via our new educational video series. The first three videos, "The ABCs of crypto for advisors," "An advisor's guide to cryptocurrency taxation" and "Crypto storage for advisors," are available now. Additional guides focused on how to talk to clients when crypto tanks, searching for hidden crypto assets in divorce settlements and more are on the way.
Also, a reminder that we're still on the hunt for speakers for our inaugural INVEST Cryptocurrency for Advisors event on Dec. 13 and 14 in New York City. Know any crypto experts who can help advisors navigate the landscape? Send them my way so FP can make them part of the one-of-a-kind conference.
Anything else on your mind? Drop me a line at justin.mack@arizent.com. Have a great rest of the week!
Regards,
Justin |  | Justin Mack
Reporter, Financial Planning
  |
| | |
|
|
| By Justin L. Mack 3 min read | The nation's biggest independent robo-advisor is the latest big name detailing its revamped cryptocurrency plans despite a difficult year for digital assets. Read story → |
|
|
| |
| |
| | | By Justin L. Mack 4 min read | The industry's first "financial advisor assessment score" is showing wealth managers how they stack up. Read story → |
|
|
| | | The technology landscape is confusing, at best. Wealth management firms struggle to select the best technology for their organization and then optimize that technology. They are often left with technology that doesn't help them achieve their growth, client service, and productivity goals. Read story → |
|
|
| | | By Suzanne Woolley 2 min read | The two retirement giants are collaborating on a new program to make the transfer of savings automatic. Read story → |
|
|
| |
| Understand how different forms of investmenting help align to client values in ESG themes. Learn More → |
|
|
| | | By Justin L. Mack 7 min read | Starting now, the more than 3,100 RIAs who are part of the Envestnet ecosystem have crypto tools courtesy of a pair of well-known players. Read story → |
|
|
| | Follow Financial Planning in real time. More ways to get the most trusted industry news and analysis. |
|
| | | | | | | | | | | | | | | RESOURCES | | | WEB SEMINAR | | Tuesday, October 18, 2022 12:30 PM EDT | FPA 2022 President-Elect James Lee explains how the organization plans to pursue protection for a title that some advisors say is misused in the industry. Learn More → | | | WHITEPAPER | | | Learn how independence enables customized business succession for advisors and facilitates inorganic growth opportunities. Download Now → | SPONSOR CONTENT FROM Commonwealth | | | WHITEPAPER | | Thursday, October 6, 2022 12:30 PM EDT | The finding of behavioral finance are increasingly shaping how wealth managers deliver their services to clients. How is the field evolving, and what are the freshest insights? Download Now → | | | WHITEPAPER | | Wednesday, September 21, 2022 12:30 PM EDT | In an event led by two respected RIA thought leaders, FP recognizes a half dozen people whose talent and accomplishments have them poised to advance the planning profession. What are the key factors shaping the industry's future? Download Now → | More resources → |
|
|
|
|
