Crypto certificates and advisor skepticism with Ric Edelman

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In a new episode of the Financial Planning Podcast, financial advisor, best-selling author and crypto enthusiast Ric Edelman stops by to talk digital assets and his latest book.

Edelman, co-founder of the Digital Assets Council for Financial Professionals, said he’s been on a mission to bridge the cryptocurrency gap between investors and advisors since stepping away from his $291 billion namesake independent advisory firm last year.

Through the DACFP, a research and educational organization, advisors can earn a certificate in blockchain and digital assets online. Edelman says by the time they’re through, planners will be better equipped to handle the crypto-related conversations that can crop up in client meetings. The program serves a wide range of financial professionals and currently has more than 1,200 enrolled.

Ric Edelman
Edelman Financial Portraits
Aaron Clamage/Aaron Clamage

He’s also dishing out tips and tricks in his new book, “The Truth About Crypto,” slated for release on May 10.

But Edelman sees his crypto crusade as work that will never truly be done. Amid the backdrop of market volatility, looming regulatory changes and digital assets that can catch fire in the blink of an eye, the mission is to keep learning and share that information with planners eager to get in the game.

During his conversation with FP Podcast host and lead editorial producer Justin L. Mack, Edelman talks about what kinds of advisors are coming to him for help; the role personal feelings toward the asset class play in the client-advisor relationship; and what planners who don’t at least educate themselves on crypto stand to lose.

Listen to the new episode — as well as all future and past episodes — by subscribing to the FP Podcast on Apple, Spotify or wherever you get podcasts.