A problem arises when the person that is granted access to the digital assets now might not be the person somebody wants overseeing them later in life.
At the end of the presentation, Harris pointed out that it was an “eye-opening conversation.”
It is clear there is a lot for the financial planning profession to consider as new planning services around digital assets for their clients.
Note: Byrnes Consulting helps the FPA’s 23,000 members with business growth strategies as part of the Financial Planning Association’s new Coaches Corner.
Mike Byrnes is a national speaker and owner of Byrnes Consulting LLC. His firm provides consulting services to help advisors become even more successful. Need help with business planning, marketing strategy, business development, client service and management effectiveness? Read more at ByrnesConsulting.com and follow @ByrnesConsultin.