Mariner Wealth Advisors, one of the leading Regulated Investment Advisory (RIA) has partnered with crypto-focused investment firm Eaglebrook Advisors to offer Bitcoin to its clients. Mariner Wealth is one of the leading RIA firms which has over $35 billion worth of assets under its management. Eaglebrook would offer its BTC separately managed account (SMA) to allocate Bitcoin to the Mariner Wealth client’s portfolio.
Eaglebrook is known to offer its Bitcoin services to RIA firms as well as financial advisors and is backed by top management executives including Marty Bicknell, Mark Casady, and Joseph Mrak. Eaglebrook promises to offer tax optimization direct ownership, and portfolio integration. Christopher King, CEO of Eaglebrook Advisors believe their BTC product would be a perfect match for the Marnier Wealth clients and said,
“We are thrilled to be working with Mariner Wealth Advisors. Our investment solution, designed to meet the unique needs of firms such as Mariner Wealth Advisors, makes it easy for their advisors to allocate to bitcoin. We expect cryptocurrency adoption to continue and the market to mature, driving even greater demand.”
Marty Bicknell, CEO, and president of Mariner Wealth Advisors commented on their association with Eaglebrook and how their new services are based on client’s demands. He elaborated,
“We are excited to offer this new solution to clients of Mariner Wealth Advisors, where bitcoin fits into their overall wealth plan. Our desire to find new solutions is always driven by client need and we are looking forward to working with Eaglebrook on this new endeavor.”
Bitcoin Turning Out to be Perfect Hedge in These Troubled Times
The rising interest of traditional financial and hedging firms along with mainstream payment processing giants such as PayPal in Bitcoin suggest the growing interest of investors in the top cryptocurrency. The circumstances are just perfect for Bitcoin to rise as a true store of value asset as Gold continues to slide while bitcoin is currently consolidating near the $18,000 mark.