Individuals ages 21 to 42 with at least $3 million in assets have only a quarter of their portfolio in equities, compared with more than half for those who are older.
While the integrations from the two cryptocurrency investment platforms are currently limited to reporting feeds within the Envestnet | Tamarac platform, the RIA footprint is significant and, executives say, the demand is there.
For 12 years, FlexShares has studied how and where advisors are finding efficiencies to better scale and grow their businesses, enabling them to create a better client experience.
Cathie Wood says the collaboration provides advisors access to ARK’s crypto strategies with the benefits of direct ownership, low minimums, and portfolio reporting integration.