Big rise in financial advisers adding crypto assets to client portfolios

Big rise in financial advisers adding crypto assets to client portfolios


According to a survey, financial advisers are recommending investments in Bitcoin and crypto assets to their clients more than ever before.

A report by the Financial Planning Association released on June 1 has taken a look at the changing attitudes towards crypto assets. The ‘2021 Trends in Investing Survey’ revealed that more financial advisers than ever are recommending their clients have some crypto in their portfolios.

The survey was conducted in March and received 529 online responses from professional financial advisers who offer clients investment advice and recommendations.

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It stated that 14% of financial advisers have already added crypto assets to their clients’ portfolios or are recommending it to them. Even more are planning to do so over the next year.

“More than a quarter (26 percent) of advisers indicated in the 2021 survey that they plan to increase their use/recommendation of cryptocurrencies over the next 12 months.”

The survey revealed that the figure is up significantly from the previous year when less than

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