Financial | Crypto

Younger, wealthier Americans seem to be rewriting the house rules of wealth management. They like broad equity indices. They park cash in T-bills. They still buy real estate and private deals. But they also expect to see Bitcoin, Ethereum, and a handful of other digital assets on the same dashboard as everything else. For them, crypto is a normal […] The post Financial advisors who ignore Bitcoin ditched by young wealthy Americans appeared first on CryptoSlate.

Financial advisors should be recommending clients to allocate between 10% to 40% of their portfolio to crypto, influential investment manager Ric Edelman told CNBC on Friday. According to Edelman, founder of the Digital Assets Council of Financial Professionals, the percentage of allocation to crypto should be decided based on the client’s risk appetite. Therefore, he […] The post Financial advisor Ric Edelman says crypto should make up 10-40% of a portfolio appeared first on CryptoSlate.