Wall Street Firm Recommends 40% Crypto Allocation – Biggest Endorsement Since Larry Fink
2025-06-30 17:05:47
Main Idea
Wall Street firm Edelman recommends significant crypto allocations in investment portfolios, arguing that crypto is now a core asset and that not owning it is speculative.
Key Points
1. Edelman advises conservative investors to allocate 10% to crypto, moderate investors 25%, and aggressive investors 40%.
2. Edelman's firm manages $300 billion for 1.3 million clients, and his views influence other registered investment advisors (RIAs).
3. Edelman states that crypto can no longer be treated as speculative, calling the traditional 60/40 stock-bond model outdated.
4. Bitcoin has outperformed every asset class for 15 consecutive years, according to cited data.
5. TradFi analysts view Edelman's endorsement as a turning point, highlighting his influence in the financial advisory space.
Description
Ric Edelman recommends up to 40% crypto in aggressive portfolios, calling it a core asset for all investors. He says owning no crypto is now speculative and the 60/40 stock-bond model is outdated. TradFi voices like Eric Balchunas view Edelman’s message as the strongest since Larry Fink’s crypto pivot Ric Edelman, founder of Edelman Financial Engines, has issued one of the strongest endorsements of crypto from the traditional finance world since BlackRock’s Larry Fink. In a new message to invest...
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