Nearly One-Quarter of Financial Advisors Report Majority of Clients Now Own Digital Assets, DACFP Survey Shows

This fall 2024 Advisor Pulse Survey reveals important enhance in crypto possession and suggestions

GREAT FALLS, Va., Jan. 30, 2025 /PRNewswire/ — Twenty-four p.c of monetary advisors report that greater than half their purchasers now personal digital property, marking a 25% enhance from the earlier quarter, based on the most recent Advisor Pulse Survey performed by the Digital Belongings Council of Monetary Professionals (DACFP) and sponsored by Franklin Templeton Digital Belongings.

The survey additionally reveals that 20% of advisors now advocate crypto to all their purchasers – almost double the proportion reported in Q3 2024. Moreover, 65% of advisors have beneficial crypto to 10% or extra of their purchasers, with greater than a 3rd (35%) recommending it to at the very least half of their purchasers.

“These findings show a big acceleration in crypto adoption amongst each advisors and their purchasers,” stated DACFP Founder Ric Edelman, CBDA. “The regular enhance in allocation suggestions suggests rising advisor confidence in digital property as a portfolio element.”

Amongst advisors who advocate crypto, the commonest allocation stays 2% of property, beneficial by virtually a 3rd of advisors (30%). One other 20% advocate a 5% allocation, whereas advisors recommending bigger allocations of 10%-14% elevated by 3% since Q3.

For advisors not but recommending crypto, 46% plan to take action, with 33% indicating they’ll start inside six months. Of these planning to begin, 90% intend to advocate allocations of 1% to five%.

To assist advisors on this quickly evolving area, DACFP and Franklin Templeton have partnered to supply “Blockchain, Bitcoin, and Past,” an academic course offering foundational data for monetary professionals trying to incorporate digital property into their observe.

Methodology
The survey was performed between October and December 2024, with 266 monetary professionals collaborating. Almost two-thirds (62%) of respondents are monetary advisors affiliated with impartial RIA corporations. 9 in 10 (88%) have greater than 10 years of trade expertise, with 65% having twenty years of expertise. Most respondents (63%) primarily serve purchasers with property starting from $500,000 to $3.5 million, and 34% handle greater than $100 million in property.

For detailed survey findings, go to https://dacfp.com/whitepapers/.

About DACFP
Based by Ric Edelman, the Digital Belongings Council of Monetary Professionals is the main supplier of crypto training. DACFP connects the monetary companies trade and digital property communities with main specialists by way of reside and on-line occasions, webinars, blogs and different instructional content material. Its flagship program, the Licensed in Blockchain and Digital Belongings^SM, is the primary and largest certification program of its form—a web-based self-study program that includes a world-class school and 18 Persevering with Schooling credit. Hundreds of monetary professionals from 37 nations have enrolled.

About Franklin Templeton Digital Belongings
Franklin Templeton Digital Belongings has been energetic within the digital asset ecosystem since 2018, constructing blockchain-based know-how options, growing a variety of funding methods, and operating node validators. Franklin Templeton Digital Belongings’ devoted digital property analysis group leverages basic “tokenomic” evaluation, insights from an embedded information science group, and deep trade connections to assist inform product improvement and funding selections. For extra info, please go to Franklin Templeton Digital Belongings and observe the group on X. The responses and suggestions offered by survey respondents aren’t suggestions of Franklin Templeton.

Franklin Templeton Digital Belongings is part of Franklin Assets, Inc. [NYSE: BEN], a world funding administration group with subsidiaries working as Franklin Templeton and serving purchasers in over 150 nations. Franklin Templeton’s mission is to assist purchasers obtain higher outcomes by means of funding administration experience, wealth administration and know-how options. By means of its specialist funding managers, the corporate affords specialization on a world scale, bringing in depth capabilities in fastened revenue, fairness, alternate options and multi-asset options. With greater than 1,500 funding professionals, and places of work in main monetary markets world wide, the California-based firm has over 75 years of funding expertise and over $1.58 trillion in property underneath administration as of December 31, 2024. For extra info, please go to franklintempleton.com and observe us on LinkedIn, X and Fb.

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