Eaglebrook Advisors, Inc has announced that Mariner Wealth Advisors will make its Bitcoin SMA product available for clients who want access to cryptocurrency.
According to the press release published Monday, Mariner Wealth Advisors–a national wealth advisory firm with more than $35 billion in assets under management–is allowing clients access to Eaglebrook’s Bitcoin SMA. The firm has been ranked in the top five RIAs by Barron’s for the last five years.
Eaglebrook, based out of Washington D.C., offers its Bitcoin SMA product to registered RIAs and financial advisors. The release claims the product allows advisors to allocate to bitcoin through a simple and secure process, in addition to providing trade execution and data aggregation.
Marty Bicknell, CEO and president of Mariner Wealth Advisors, said the Bitcoin SMA allows clients to supplement their overall wealth plan with crypto-assets.
He said,
Our desire to find new solutions is always driven by client need and we are looking forward to working with Eaglebrook on this new endeavor.
The release claims demand for bitcoin from financial advisors and clients has accelerated due to current trends, including “growth in investment demand from millennials and institutional investors.”
Christopher King, CEO of Eaglebrook Advisors, said he expects cryptocurrency adoption to increase in the future as the market matures, driving even greater demand.
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