Tags: Crypto investing

Free Crypto Signals Group Crypto Whales Pumps on Fire as Subscribers Surpass 25,000

(MoMo Productions/GettyImages)

Klaus Vedfelt/GettyImages)

The disconnect between financial advisors and their clients around crypto has become increasingly apparent, given that 37 of advisors personally invested in crypto compared to 83 of their clients that have, according to one 2023 survey.

There are over 20,000 cryptocurrencies in existence. But if history is our guide, only a handful of them will drive the majority of wealth creation.

AI and blockchain could assist in decisions around investments, taxes and insurance, and open up new avenues for income. But financial advisors will still play a key role.

Advisors are warned by the Certified Financial Planner Board of Standards (CFP Board) and the Chartered Financial Analyst Institute (CFA Institute) to look before they leap.