| | | | | | This month, our focus shifts to the dynamic and evolving world of digital assets in wealth management. We delve into the comingling of tech and finance, from the basics of Bitcoin and blockchain technology to the complexities of tokenization and the advent of Bitcoin ETFs in the public markets. Our curated articles aim to equip financial advisors and wealth management clients with the knowledge to navigate the burgeoning field of digital assets, emphasizing its potential and challenges within the wealth management landscape.
We're excited to release a not-to-be-missed resource for professionals looking to stay ahead in the rapidly evolving financial landscape. Our latest webinar entitled, "Impact of the Corporate Transparency Act: Key Insights for Businesses, Family Offices, Private Trust Companies, and Advisors," offers a roadmap through the complexities of the CTA and its influence on wealth management strategies. Learn more below. | | | | | | Podcast: Demystifying Bitcoin | |
In this Tamarind Learning Podcast, Arthur Salzer, CEO of Northland Wealth, shares insights on Bitcoin and its impact on wealth management. Salzer dives into the history of money, explains Bitcoin's emergence to currency debasement, and clarifies the concepts of blockchain and Bitcoin mining, emphasizing the security and transparency that they bring to digital currency. Don't miss learning about the role of digital assets and their role in portfolio construction. | | | | | | The Digital Future of Wealth Management | | The case for crypto in wealth management |
Crypto is calling, and wealth management clients are ready to answer. Recent research reveals 92% of clients are interested in crypto investments via traditional financial avenues. With ownership on the rise despite market swings, wealth managers have a golden opportunity to guide investors through the crypto landscape. As crypto moves mainstream, it's time for wealth management to adapt, integrate, and lead the charge into the digital future of finance.
Read More >> | | | | Bitcoin ETFs could open floodgates to $30 trillion wealth management market |
With the SEC's green light for spot Bitcoin ETFs, the $30 trillion advised wealth management industry is poised for a transformative wave. As Bitcoin ETFs offer a new, regulated pathway to digital currency investment, financial advisors, previously cautious due to its unregulated status, are now reconsidering. This change paves the way for a broader adoption among investors, from fiduciaries and banks to family offices and individual accounts. As the investment landscape evolves, Bitcoin's position as a benchmark asset for younger generations and its potential for portfolio diversification become increasingly apparent, signaling a significant shift in wealth management strategy. Read More >> | | | | | | | | | | Join legal professionals, Ivan Sacks, Bill Kambas, and David Guin, from Withersworldwide for a detailed discussion on the Corporate Transparency Act (CTA) and its implications for businesses, family offices, trust companies, and advisors. They emphasize the broad scope of the CTA, particularly regarding the definition of beneficial owners and substantial control, urging careful analysis of complex ownership structures. The importance of proactive compliance is highlighted, stressing the need for thorough reviews of legal documents and preparedness to navigate potential challenges related to reporting under the CTA. Don't miss this enlightening discussion on Tamarind Learning's webinar series. | | | | | | Crypto demand from wealthy clients puts pressure on managers | Mainstream wealth advisors are feeling the heat as crypto draws in investors with its high-profile, high-stakes promise. The UK's cautious stance contrasts with the US's embracement, yet the pull of crypto has clients, and even some wealth managers, venturing into this volatile space. With high-net-worth individuals forging ahead, traditional wealth management must reconcile crypto's allure with its duty to manage risk.
| | | | Could 2024 be a big year for tokenisation within wealth management? |
Despite the fluctuating hype, digital assets remain a hot topic, with potential for broader market adoption. From the SEC's approval of Bitcoin ETFs to DePIN and stablecoins, the landscape is ripe for transformation. Tokenization, offering a digital slice of real-world assets, promises to democratize investment, making previously inaccessible opportunities available to all. As the financial world watches, tokenization could reshape wealth management, blending tradition with the cutting edge of digital finance. Read More >>
| | | | | | | | | | | | | | | | | | | | Brought to you by Tamarind Learning
Editorial Mission: To provide monthly news, education, and professional guidance that help families, advisors, and trustees become extraordinary stewards of wealth. | | | | | | | |
