Investment Must Reads for Wealth Advisors
Blackrock’s Chief Investment Officer recently highlighted a trend where hedge funds and brokerages are increasingly investing in spot bitcoin ETFs. However, Registered Investment Advisors (RIAs) have been slower to adopt this strategy. On a similar note, Morgan Stanley is expanding its manager-traded Separately Managed Accounts (SMAs) on its Unified Managed Account (UMA) platform, as reported by FundFire. These updates showcase the evolving landscape of investment opportunities for wealth advisors.