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The Last Trade E010: Building and Managing Generational Wealth with Morgen Rochard

Onramp Media

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The Importance of Portfolio Diversification in Financial Advisors

I think it's unrealistic to expect that all advisors are going to become bitcoin only as much as I would love. Low cost ETF style index style portfolios work better than these actively managed portfolios. Clients are much more up on what they should and shouldn't be holding Bitcoin is 80% of the market cap right now, so some advisors may not want to take a position on it. If anETF does get approved a bitcoin IPO then it'll be sort of a gates open for financial advisors Especially in these blurager firms where they've been having compliance problems.

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