- Swan Bitcoin releases the primary monetary advisory platform targeted purely on bitcoin.
- Swan Advisor Providers can combine with a monetary advisor’s current portfolio administration actions.
- Advisors will be capable to handle, view and custody their shopper’s bitcoin by way of the brand new platform.
Swan Bitcoin, a bitcoin-only service supplier, has launched Swan Advisor Providers, a bitcoin wealth administration and custody platform for monetary advisors, per a press launch despatched to Bitcoin Journal.
Customers of the platform will be capable to full bitcoin transactions, monitor funds and handle portfolios of bitcoin, in addition to entry custodial options. Swan’s latest platform would be the first platform for funding advisors targeted solely on Bitcoin.
“Till now, it has been exhausting for monetary planners who’ve embraced Bitcoin to plug the asset into their day-to-day shopper reporting and portfolio administration instruments,” mentioned Cory Klippsten, CEO of Swan Bitcoin, per the discharge.
“It ought to be simpler for monetary advisors to ship Bitcoin within the context of their shoppers’ total portfolios. That’s why we’re constructing Swan Advisor Providers,” he continued.
Swan’s service will give advisor’s clear visibility into their shopper’s bitcoin positions by way of a user-friendly interface leveraging the corporate’s core buy, custody and shopper assist capabilities.
“With the most effective Bitcoin schooling group on the earth and an unique deal with Bitcoin, Swan Advisor Providers is uniquely positioned to supply monetary advisors and their shoppers with the most effective Bitcoin answer out there,” mentioned Andy Edstrom, managing director of Swan Advisor Providers.
Moreover, the platform can combine with an advisor’s current portfolio administration techniques and Swan intends to onboard a bunch of advisors to its platform.
“Bitcoin is probably the most sound, accountable approach to make investments,” mentioned Klippsten. “Our firm has deep analysis and academic roots within the broader cryptocurrency area, and we strongly imagine Bitcoin is the one accountable funding.”