For the first time ever, financial advisers are at a disadvantage. That is because their clients may know more about bitcoin and crypto assets than they do.
In such a competitive and novel market, financial advisers must stay informed. With the volatility of bitcoin, financial advisers can look at data for answers, and so they should truly appreciate “Riskalyze” technology, which is a financial risk rate platform that every adviser should use to help their clients.
In this episode of “On Purpose,” host Tyrone Ross speaks with Aaron Klein, the CEO of Riskalyze. Klein, addresses the ‘pressure shift’ against advisors from institutional to client base through crypto currency as an asset class. Riskalyze is a financial risk rate platform that every financial adviser has or should have heard of and would benefit from.
Ross and Klein discuss the future of financial planning and the importance of using such technology to present the pros and cons of crypto investments. Advisers not only need information, but they also need to be their client’s superhero. Financial advisers have the power to make a difference in the future of money and what investments will yield as a result. That is priceless, and financial advisers must employ the newest technology to get the best possible outcomes for their clients.
Aaron Klein is the co-founder and CEO at Riskalyze. He led the company to twice being named one of the world’s top 10 most innovative companies in finance by Fast Company Magazine. Aaron has served as a trustee at Sierra College, and Investment News has honored him as one of the industry’s top 40 Under 40 executives.
Tyrone Ross is the CEO of OnRamp Invest, founder of 401STC, a storytelling consultancy. He is a graduate of Seton Hall University, and was named a Top 10 Adviser of 2019 set to change the industry by Wealthmanagement.com
A message from Tyrone: