“We view [crypto] as more of an ecosystem than an asset class,” said Larsen. “It relates to a client’s employment, their social and leisure time, the generational wealth transfer, tax planning – all areas of their finances, so it’s important that we make sure that advisors understand it. With the CDAA, people are really into this – for the first time in their careers, many advisors feel like they are connected to the industry and have a say in what’s happening.”
