What You Need to Know
- A strategic partnership will give FPA members financial education on the application of blockchain and digital assets.
- It includes a 50% discount on the RIADAC certificate program for financial planners.
- Advisors hesitate to invest client assets in cryptocurrencies, waiting for central banks to act on their own digital assets.
The Financial Planning Association and the RIA Digital Assets Council, co-founded by Ric Edelman, have announced a strategic partnership to provide education on the application of blockchain and digital assets.
The partnership will provide educational programming and content to help FPA members understand the complexities of cryptocurrencies and provide advice on how they can affect their clients’ financial plans.
“As the leading membership association for certified financial planner professionals, we need to be on the cutting edge of supporting our members as they look to sharpen their knowledge and build their competencies,” said Patrick Mahoney, FPA chief executive officer, in a statement. “This partnership with RIADAC is consistent with that objective.”
Edelman added, “Gaining vital knowledge about this new asset class will help financial planners attract more clients and serve them better.”
His RIA Digital Assets Council (RIADAC) offers a certificate program for financial planners to obtain proficiency in blockchain and digital assets to help manage their clients’ investment management strategy.
As part of Wednesday’s partnership announcement, FPA members will receive a 50% discount when enrolling in RIADAC’s certificate program, which is to debut April 30.