in this opening episode WealthManagement.comof “Hype or not?” In the video series, Nexus Strategy President and CEO Tim Welsh and Senior Technical Editor Davis Janowski battle the merits of digital assets, cryptocurrencies and blockchain and whether they have a place in wealth management.
Is there really a demand from consultants? The always cynical Janowski argues that the demand just isn’t there, and that the early participants are too aggressive. It reminds them of the variable annuity market of a decade ago. While tech promoter Welsh admits there is some hype, they argue that crypto is ready for prime time, as tools and platforms have emerged that allow advisors to manage these assets seamlessly.