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Dynasty
Dynasty Financial Partners has partnered with Eaglebrook Advisors to broaden the selection of bitcoin and digital asset investment strategies available to its network of independent advisory firms. The move is yet another case of large financial groups pushing into the space.

Eaglebrook is a separately managed account (SMA) platform that specializes in such assets, and it is geared for registered investment advisors. Eaglebrook’s SMA platform includes client onboarding, daily liquidity, and tax optimization. The SMA platform is integrated with the major portfolio management and reporting systems serving RIAs and independent advisors. Advisors can model, bill, and advise on their clients’ bitcoin and digital asset holdings.

A range of banks and financial groups such as BNY Mellon, Morgan Stanley, Switzerland’s Bordier & Cie, Zurich-listed Julius Baer and New York’s Guggenheim Partners offer various ways for clients to tap into cryptocurrency. In early April last year bitcoin fetched about $6,500 and the price has skyrocketed ten times over the past year, before skidding in recent weeks down to around $43,300, as of the time of going to press.