{"id":9008,"date":"2021-07-01T13:54:14","date_gmt":"2021-07-01T13:54:14","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/financial-advisor-survey-26-plan-to-recommend-cryptocurrencies-over-next-12-months\/"},"modified":"2021-07-01T13:54:14","modified_gmt":"2021-07-01T13:54:14","slug":"financial-advisor-survey-26-plan-to-recommend-cryptocurrencies-over-next-12-months","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/financial-advisor-survey-26-plan-to-recommend-cryptocurrencies-over-next-12-months\/","title":{"rendered":"Financial Advisor Survey: 26% Plan to Recommend Cryptocurrencies Over Next 12 Months"},"content":{"rendered":"<p><strong>A recent survey of financial advisors and their investing strategies shows \u201ca significant shift to embracing cryptocurrencies.\u201d More than 26% indicated that they plan to increase their recommendation of cryptocurrencies over the next 12 months. Furthermore, 49% of advisers said that clients have asked them about investing in cryptocurrencies in the last six months.<\/strong><\/p>\n<h2>Financial Advisors Show Significant Shift to Embracing Cryptocurrencies<\/h2>\n<p>The 2021 Trends in Investing <a href=\"https:\/\/www.financialplanningassociation.org\/sites\/default\/files\/2021-05\/2021-Trends-in-Investing-Report-FIN.pdf\">Survey<\/a>, conducted by the Journal of Financial Planning and the Financial Planning Association (FPA), and supported by Onramp Invest, was released earlier this month.<\/p>\n<p>The Financial Planning Association is the principal membership organization for certified financial planners, professionals, educators, and financial services professionals. Onramp Invest is a technology company providing access to crypto assets for registered investment advisors.<\/p>\n<p>The survey received 529 responses from financial advisers of various backgrounds and business models. It found:<\/p>\n<p>Advisers show a significant shift to embracing cryptocurrencies.<\/p>\n<\/p>\n<p>Cryptocurrencies were first added to the survey in 2018 when 1.4% of advisers indicated they were currently using or recommending them to clients. That percentage dropped to below 1% in both 2019 and 2020 but increased to 14% in 2021.<\/p>\n<p><!-- growjs zone placement 31 -->    <!-- end of growjs zone placement --> <\/p>\n<p>According to the survey results:<\/p>\n<p>More than a quarter (26%) of advisers indicated in the 2021 survey that they plan to increase their use\/recommendation of cryptocurrencies over the next 12 months. And 49% of advisers indicated that, in the last six months, clients have asked them about investing in cryptocurrencies, up from 17% in 2020.<\/p>\n<p>Onramp Invest CEO Tyrone Ross commented: \u201cIt is clear from these results that we\u2019ve reached an inflection point in the wealth management space. Advisers are now faced with a client base that demands knowledge, access, and advice from their adviser on cryptoassets.\u201d<\/p>\n<p><em><strong>What do you think about this survey? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nFeatured, financial advisor survey, financial advisors, recommends bitcoin, recommends cryptocurrency<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent survey of financial advisors and their investing strategies shows \u201ca significant shift to embracing cryptocurrencies.\u201d More than 26% indicated that they plan to increase their recommendation of cryptocurrencies over the next 12 months. Furthermore, 49% of advisers said that clients have asked them about investing in cryptocurrencies in the last six months. Financial&hellip;<\/p>\n","protected":false},"author":0,"featured_media":9009,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9008"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9008"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9009"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}