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.”

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