Loading...

Press Room

JANUARY 7, 2021

Ric Edelman: 12 Predictions for Bitcoin, Other Cryptos in 2021

FROM THINKADVISOR

“Blockchain and digital assets are new asset classes with the potential to transform commerce on a global scale,” Ric Edelman, founder of the RIA Digital Assets Council, said upon release of the council’s predictions for 2021.

RIADAC is an education source for financial advisors. It produces live and online events, webinars and content to boost their knowledge of blockchain and digital assets.

During the first quarter, RIADAC will offer a program that allows advisors to earn continuing education credits by attaining RIADAC’s Certification in Blockchain and Digital Assets.

Read the full Feature on ThinkAdvisor now.

JANUARY 4, 2021

SEC Says Some BDs Can Custody Digital Assets

FROM THINKADVISOR

In a move that SEC Commissioner Hester Peirce has called “baby steps,” the Securities and Exchange Commission is letting special purpose broker-dealers to custody digital assets, under certain conditions, and is requesting comments on the “evolving standards and best practices” with respect to custody of digital asset securities.

In a recent statement, the SEC states its position that, “for a period of five years, a broker-dealer operating under the circumstances set forth in the statement will not be subject to a Commission enforcement action on the basis that the broker-dealer deems itself to have obtained and maintained physical possession or control of customer fully paid and excess margin digital asset securities for the purposes of paragraph (b)(1) of Rule 15c3-3.”

Read the full Feature on ThinkAdvisor now.

JANUARY 4, 2021

Digital Assets Set To Soar In ’21, Council Says

FROM FINANCIAL ADVISOR MAGAZINE

The value of digital assets will increase this year—perhaps significantly, according to the RIA Digital Assets Council. The rise will be fueled by increased institutional adoption of digital asset investing, and the snowball effect of individual investors jumping into the investment class, many of whom will be spurred by a fear of missing out on the growth, the council said in a release issued today.

“Blockchain and digital assets are new asset classes with the potential to transform commerce on a global scale,” Ric Edelman, council founder and a prominent thought leader in the investment advisory field, said in a statement. The council is an educational organization on digital assets for financial advisors.

Read the full feature on Financial Advisor now.

JANUARY 1, 2021

RIA Digital Assets Council Releases 21 Predictions for 2021

GREAT FALLS, VA (Jan.1, 2021) — The RIA Digital Assets Council announces its 21 Predictions for 2021. For seven days beginning on New Year’s Day, Twitter, LinkedIn and Facebook followers will receive three captivating predictions per day, each devoted to blockchain and digital assets.

Ric Edelman, RIADAC founder and one of the most prominent thought leaders in the investment advisory field said, “Blockchain and digital assets are new asset classes with the potential to transform commerce on a global scale. RIADAC is devoted to educating financial advisors so they can give their clients what they need.”

The complete list RIADAC’s 21 Predictions for 2021 can be found on our 21 Predictions Page.

DECEMBER 19, 2020

Cryptocurrencies Feature: How to Invest in Bitcoin: It can Be Easy, but Watch Out for Fees.

FROM BARRON’S

Around 2013, one common way to buy Bitcoin was to head to a public space like Union Square in lower Manhattan. There, buyers brought cash and sellers brought their phones to punch in codes that would transfer the digital money. Sometimes, they yelled out what they were willing to pay or accept, like a trading pit.

These were called Buttonwood meet-ups, after the buttonwood tree under which 24 stockbrokers met in 1792 to found what became the New York Stock Exchange.

“I’m very frustrated that the SEC has not yet approved a Bitcoin ETF. ”— Ric Edelman, founder of Edelman Financial Engines.

Today, you can still meet a guy in a park (socially distanced, of course), or go to a Bitcoin ATM, but there are other ways to get cryptocurrencies. Bitcoin trades on liquid exchanges 24 hours a day, seven days a week—some exchanges are even regulated now. Smartphone apps give users one-touch access.

Read the full Feature on Barron’s now.

DECEMBER, 2020

Ric Edelman: ‘We have Solved’ Crypto Custody Problem

“You’ve got major players engaged here” in the custody of digital assets, Edelman said. “Fidelity first and foremost.”

FROM THINKADVISOR

“We have solved the custody problem in the crypto industry,” Ric Edelman, founder of the RIA Digital Assets Council, said Monday during a virtual SALT Talk. “There are now very major players dealing with custody in the exact way I believe the SEC would want to see it.”

Edelman, who’s also founder of Edelman Financial Engines, reiterated the Securities and Exchange Commission’s objections to allowing a Bitcoin ETF: concerns about custody, volatility, price transparency and validity.

“You’ve got major players engaged here” in the custody of digital assets, Edelman said. “Fidelity, first and foremost. At Fidelity Digital Assets, they’re providing these services for the institutional marketplace; they will eventually roll it out for the retail marketplace. You’ve got companies like Kingdom Trust, which manages $19 billion in assets that’s a qualified custodian — you can use them to buy Bitcoin in your IRA.”

Read the full Feature on ThinkAdvisor to find out the one big question Ric Edelman is hearing now.

NOVEMBER, 2020

With Bitcoin Zooming, Ric Edelman Readies Certification Program In Digital Assets

From Financial Advisor – Online News For Financial Advisors

As the price of Bitcoin climbed past $19,000 today and approached its all-time high, some of your clients might be wondering why you haven’t included the cryptocurrency in their portfolio, especially since this isn’t novel performance for the asset that had soared to $19,700 in December 2017.

Ric Edelman is hoping to change advisors’ reticence by offering the first-of-its kind advisor certification in blockchain and digital assets technology. The 10-course certification, which financial advisors will be able to take at their own pace, is being offered by the RIA Digital Assets Council, or RIADAC, which Edelman founded in 2018 as a go-to source of information and education for advisors.

Read the feature in the Financial Advisor

OCTOBER, 2020

RIA Digital Assets Council, founded by Ric Edelman, acquires JV Events Group, appoints Inside ETFs co-founder as President and launches new website plus Certification Program for Advisors

RIADAC shows commitment to its role providing digital assets education
for financial advisors

The RIA Digital Assets Council announced today that it has acquired JV Events Group, which owned the Digital Asset Strategy Summit, and its founder, Don Friedman, has joined RIADAC as president. The company has also launched its new website. The acquisition firmly establishes RIADAC as the “go-to” source for financial advisors who want to learn about blockchain and digital assets such as bitcoin. one of the most prominent thought leaders in the investment advisory field. Edelman said he created RIADAC to connect the advisory and crypto communities.

Read the press release

NOVEMBER 19, 2020

Bloomberg Wealth: Bitcoin’s Very Good Week

Read the feature

OCTOBER 14, 2020

Crypto Council Founded By Edelman Buys JV Events Group

Read the feature

OCTOBER 13, 2020

Ric Edelman’s Crypto Council Buys Events Group, Names Inside ETFs Co-Founder President

Read the feature

FEBRUARY, 2020

FA: Crypto Currency Revolution: Are Advisors Ready to Take Advantage?

Read the feature

JANUARY, 2020

RIADAC Brings Vital Education on Blockchain and Digital Assets

Read the press release

AUGUST, 2019

ABCC Changes Name to RIA Digital Assets Council (RIADAC)

Read the press release

MARCH, 2019

Training and Education Improve Advisors’ Views of Bitcoin

Read the press release

MARCH, 2019

Ric Edelman’s Advisor Blockchain and Cryptoassets Council Kicks off Barron’s Independent Advisor Summit

Read the press release

MARCH, 2019

Ric Edelman Forms Council on Blockchain and Crypto

Read the press release

For media inquiries, contact:

Don Friedman | 646-321-1785 | don@riadac.com
Ric Edelman | 703-251-0124 | ric@riadac.com

For media inquiries, contact:

Don Friedman | 646-321-1785 | don@riadac.com
Ric Edelman | 703-251-0124 | ric@riadac.com