Since its founding in 2019, Eaglebrook’s crypto SMA solution has expanded its service offering to be trusted by over 700 financial advisors at more than 70 RIAs nationwide
BETHESDA, Md.--(BUSINESS WIRE)--#Bitcoin--Eaglebrook, a crypto investment platform that provides registered investment advisors (RIAs) with direct access to digital assets, today celebrates five years in business after incorporating as an RIA in June 2019. Since transitioning its focus to building crypto separately managed accounts (SMAs) designed for independent wealth managers, the platform has accumulated over $225 million in assets under management. It has also established partnerships with more than 70 wealth management firms, including Clearstead, Dynasty Financial Partners and Mariner Wealth Advisors.
RIAs that leverage Eaglebrook’s platform gain exclusive access to both active and passively managed digital asset SMAs that are developed in partnership with leading asset managers, including ARK Invest, Bitwise Investments and Franklin Templeton. All client funds are held at qualified custodians Anchorage Digital and Gemini, which are highly regulated and provide institutional-grade security.
“We’re still in the early innings of digital assets, but despite the nascency of the crypto market, we’re hearing from advisors every day that clients are demanding access to bitcoin and ethereum,” says Chris King, founder and chief executive officer of Eaglebrook. “Eaglebrook aims to be that solution for clients who are seeking exposure. With our provision of crypto SMAs, we enable advisors to offer clients tax-optimized access to digital assets via the benefits of direct ownership.”
While SEC filings show that RIAs have poured billions of client assets into bitcoin ETFs, Eaglebrook’s SMA platform offers a differentiated solution by enabling tax efficiency with automated tax loss harvesting. This allows investors to maintain their long-term allocation to crypto assets while also creating capital losses during downside volatility. Further, advisors serving high-net-worth clients can leverage Eaglebrook’s SMAs to diversify crypto holdings into multi-asset portfolios, a critical element when investing in an emerging and complex asset class.
Eaglebrook seamlessly integrates with a diverse range of technology providers, including Addepar, Black Diamond, Morningstar and Orion. These integrations significantly streamline the investment process, as well as enabling advisors to model, bill and advise on their clients’ bitcoin and digital asset holdings within a secure, unified technology ecosystem.
Eaglebrook’s platform also enables advisors to facilitate in-kind transfers of held-away digital assets. Not only does this allow advisors to have a broader view of clients’ holistic portfolios by moving held-away digital assets into their purview, but also increases transparency and marries client portfolios with their wealth and estate plan.
Eaglebrook bridges the gap between advisors and digital asset offerings, enabling advisors to stay ahead of the curve and meet client demand with Eaglebrook’s cutting-edge crypto SMA solutions. For more information and important disclosures, visit eaglebrookadvisors.com.
About Eaglebrook
Eaglebrook is a crypto investment platform that provides RIAs with direct access to bitcoin and digital assets. The firm operates one of the largest SMA Platforms in the crypto market. Eaglebrook's investment platform offers access to tax optimized Bitcoin and Ethereum separately managed accounts (SMAs) and third-party investment manager strategies held at an institutional qualified custodian.
Eaglebrook is an SEC registered investment advisor that works with over 70 RIAs and has over 700 financial advisors using its platform. The company is backed by leading wealth management executives and financial institutions including Castle Island Ventures, Brewer Lane Ventures and Franklin Templeton.
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