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Navigating the wealthtech trends reshaping financial advice.

The WealthStack Podcast: Ric Edelman on Advisors’ 'Crypto Knowledge Gap'The WealthStack Podcast: Ric Edelman on Advisors’ 'Crypto Knowledge Gap'

As cryptocurrencies grow more popular with investors, advisors need to play catch up. Ric Edelman discusses how.

Mark Bruno, Managing Director, Wealth Management

March 31, 2022

 

Are investors outpacing advisors in their understanding of crypto and digital assets? Sixteen percent of advisors say they recommend bitcoin and other digital assets, yet 24% of American adults own crypto. It’s important for financial advisors to overcome this gap as the number of digital assets in the market continues to grow and the asset class increases in popularity.

Mark Bruno, managing director of Wealth Management at Informa, is joined by Ric Edelman, founder, Digital Asset Council of Professionals and the Funding Our Future Coalition, to discuss the growth of cryptocurrency and the “professionalization” of digital assets. 

Listen in as Ric and MarK explore:

  • How to educate financial advisors and broaden the knowledge base when it concerns digital assets.

  • As innovations in digital assets continue what does it mean for the first adopters of this technology by hedge funds, billionaires, endowments, pension funds, insurance companies.

  • How the government is reacting to the rise of digital currency and how much truth is there in the predictions that by the end of the decade every government around the world will have a digital currency.

  • To what degree is the lack of knowledge in digital assets a result of a lack of technology, lack of regulation, or lack of infrastructure.

  • The ideal allocation for your client’s portfolio as these digital assets grow.

Listen to the WealthStack Podcast

About the Author

Mark Bruno

Managing Director, Wealth Management, Informa Connect

Mark Bruno is Managing Director, Wealth Management at Informa Connect. In his role, Mr. Bruno leads the company’s Wealth Management media and event properties, which currently consists of WealthManagement.com, Inside ETFs and Inside WealthStack. He is also charged with driving several innovative new community and advisor-based initiatives, including the launch of the new RIA Edge podcast, event and webcast series.

In addition, Mr. Bruno is overseeing strategic partnerships and acquisitions to accelerate Informa’s growth within the financial advisor and wealth management communities. Mr. Bruno brings over 20 years of experience in the wealth management and asset management industries to Informa, including prominent leadership roles in industry media, research, and consulting organizations.

Before joining Informa Connect, Mr. Bruno was a Managing Director at ECHELON Partners, where he provided investment banking, consulting and valuation services to wealth managers. Mr. Bruno specialized in helping RIAs with a range of strategic initiatives, and his areas of expertise include organizational design and assessments, compensation consulting and succession and continuity solutions.

Prior to joining ECHELON, Mr. Bruno was the Managing Director and Associate Publisher at InvestmentNews, where he was responsible for overseeing a wide range of businesses, including IN’s research, content strategy, digital, custom publishing and sales groups. Mr. Bruno was with InvestmentNews for 12 years and helped establish the company as the leading B2B media brand in the wealth management industry. He played an integral role in the sale of InvestmentNews from Crain Communication to Bonhill Plc in 2018.

Mr. Bruno is an award-winning journalist, author and researcher who has written and edited for a number of financial publications over the past two decades, including InvestmentNews, Financial Week, Pensions & Investments and U.S. Banker. Mr. Bruno has also been featured in the Wall Street Journal, Forbes and the Chicago Tribune for his expertise in wealth and investment management. Mr. Bruno has received numerous accolades for his writing and reporting, including the American Business Media's prestigious Jesse H. Neal Award, and for his breaking news coverage and analysis of the financial services industry by The Society of American Business Editors and Writers. Mr. Bruno is the author of Save Now or Die Trying: Achieving Long-Term Wealth In Your 20s and 30s, one of the top-selling retirement planning books of 2007.