June 22, 2021

Christopher King of Eaglebrook Advisors - Understanding the Urgency of Crypto for Advisors

37 minutes

In today’s episode, Rusty and Robyn talk to Christopher King, Founder and CEO of Eaglebrook Advisors.

Christopher King is a seasoned financial advisor who’s based in Jersey City, New Jersey. Together with his team at Eaglebrook Advisors, they provide digital asset-focused investment management solutions to wealth managers, RIAs, private banks, and institutions.

Chris talks with Rusty and Robyn about the role of bitcoin as an emerging store value, why advisors need to educate themselves around crypto, and some brilliant strategies on why to use crypto as a portfolio diversifier.

“We’re seeing from an advisor’s perspective that understanding how Bitcoin and crypto work from an education perspective is a now defense as opposed to offense. Advisors need to talk about it articulately to their clients—or their clients are gonna go somewhere else.” ~ @cjking711

Main takeaways

Bitcoin is an emerging store value, comparable to gold, even with its extreme volatility. This blue-chip asset satisfies Paul Tudor Jones’ four characteristics of a store value: trustworthiness, liquidity, portability, and purchasing power.

Advisors need to talk about crypto investing articulately to their clients. They need to be informed and updated with how crypto is changing the investment landscape.

There are 3 (+1) talking points for advisors when clients are looking into adding crypto to their portfolios. And, in terms of position sizing, a 3-4% slice of a client’s portfolio can be allocated to crypto.

Links

Christopher King on LinkedIn

Christopher King on Twitter

Eaglebrook Advisors Official Website

Bitcoin

Ethereum

Paul Tudor Jones’ Bitcoin Investment Thesis

Charlie Munger calls Bitcoin ‘disgusting and contrary to the interests of civilization’ | CNBC

Nic Carter

Raoul Pal

The Block

Connect with our hosts

Rusty Vanneman

Robyn Murray

Subscribe and stay in touch

Apple Podcasts

Spotify

Google Podcasts

...more

View all episodes

By Orion Portfolio Solutions

4.6

2222 ratings