Ark Invest to offer Crypto Strategies to Investment Advisors
Over the past few weeks, a host of new partnerships have been announced by companies in the crypto space . Right from expanding product ranges to enhancing customer services—an array of boxes have been ticked. In what is the latest development, Ark Invest has announced its new partnership with Eaglebrook Advisors. Via the collaboration, ARK Investment will be making two of its actively managed crypto strategies available to registered investment advisors. The strategies will be available as separately managed accounts. Elaborating on the same, Cathie Wood—ARK’s Founder, Chief Executive Officer, and Chief Investment Officer—said in a statement, “ The strategies will be separately managed accounts (SMAs) designed to meet the needs of financial advisors , wealth managers, and their clients by offering direct ownership, low minimums, and portfolio reporting integration amongst other benefits. Advisors can differentiate themselves and add to a client...