Atkins’ nomination is a breath of fresh air for the crypto crowd, who felt Gensler dragged his feet on policy.
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Wealth managers are getting held-away crypto assets in-house through ETFs and separately managed accounts.
The funds that track the second-largest cryptocurrency were off to the races in late July, but have been stuck in the ether ever since.
Assets under management requirements are becoming a high hurdle for early-career advisors looking for a new role.
A new division will connect the firms’ wealthiest clients with other products and services on the Bank of America platform.
Owning a Rolls-Royce is pretty good. But is it really that impressive when you could have a unique Rolls-Royce?