New crypto SMA platform to launch for wealth advisors

New crypto SMA platform to launch for wealth advisors
The platform will provide advisors with secure and regulated access to digital assets.
OCT 05, 2023

Advisors seeking access to digital assets via a regulated platform offering crypto SMAs now have a new option.

A strategic partnership between Eaglebrook Advisors, Inc., one of the largest SEC registered crypto separately managed account platforms, and institutional crypto platform Anchorage Digital has been announced.

It offers access for advisors to digital assets thanks to Anchorage Digital Bank’s position as the only OCC-chartered digital asset bank, which meets the SEC’s definition of a qualified custodian.

“After the recent SEC custody proposal, it is more important than ever for RIAs to safeguard digital assets with a qualified custodian. As a qualified custodian, Anchorage Digital Bank provides the regulatory certainty SEC-registered investment advisers need to safely and securely participate in the digital asset economy. We are proud to work with industry leaders like Eaglebrook as RIAs continue to turn to Anchorage Digital for safe, secure, and regulated crypto custody,” said Nathan McCauley, Co-Founder and CEO of Anchorage Digital.

EAGLEBROOK ENHANCED OFFERING

The new Eaglebrook Crypto SMA Platform provides a streamlined solution for advisors to manage digital investment strategies. The firm also offers onboarding, investment execution, trading, account management, and performance reporting to third party platforms through its advisor portal.

And asset managers on Eaglebrook’s platform including Franklin Templeton, Bitwise, Global X, and ARK Invest will be able to manage their SMA strategies on Anchorage Digital via the new crypto SMA platform.

"Anchorage Digital is a best-in-class provider for digital asset custody, and we are excited to partner with them to serve RIAs and financial advisors,” said Christopher King, founder and CEO of Eaglebrook. “This partnership enhances our offering as we are now integrated with a market leader in institutional digital asset custody and security in Anchorage Digital.”

Latest News

Private credit becoming 'big piece' of annuities, T. Rowe exec says
Private credit becoming 'big piece' of annuities, T. Rowe exec says

Goldman Sachs retirement survey finds 83% want guaranteed income, while the annuities providing that income increasingly hold private credit.

Zocks debuts Claude plugin with seven skills for financial advisors
Zocks debuts Claude plugin with seven skills for financial advisors

The AI meeting assistant's Advisor Intelligence plugin turns client conversation data into annual reviews, tax scans and attrition alerts.

Stifel settles massive $30 million complaint involving star broker’s sale of structured products
Stifel settles massive $30 million complaint involving star broker’s sale of structured products

Chuck Roberts and Stifel have been facing scrutiny due to sales of structured products and structured notes.

SEC floats CFP route to accredited investor status, fund rules refresh amid private market push
SEC floats CFP route to accredited investor status, fund rules refresh amid private market push

Among other updates, the proposals would let advisors to regulated funds earn performance fees and allow interval funds to offer monthly repurchases.

The Year Is 2046 and I’m a Financial Advisor 
The Year Is 2046 and I’m a Financial Advisor 

What will financial advice look like 20 years from now? Evan Vladem explores how AI may transform wealth management while reinforcing the enduring value of human guidance, trust, and empathy. 

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains