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Advisors feel pull of cryptocurrency wave as clients ask questions

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When the market was crashing in March 2020, financial advisor Ivory Johnson, founder of Delancey Wealth Management, decided it was time to introduce cryptocurrencies to his clients.

“I did it because I saw how active the Federal Reserve was and how much they were diluting the dollar,” which would be incredibly inflationary, Johnson said.

A recent survey from the Financial Planning Association and the Journal of Financial Planning shows that Johnson’s strategy could be part of a growing trend.

As investors become more interested in cryptocurrencies, financial advisors are feeling a new urgency to offer the investments to clients.

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Source cnbc.com

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