Tamp: A Crypto SMA Firm’s New Offering

-Eaglebrook Advisors is pivoting its business toward a turnkey asset management program (Tamp) model, where advisors can invest on behalf of their clients in digital asset portfolios offered by various asset managers.
-The firm will add to its platform two digital asset SMAs from Franklin Templeton; the asset manager made an investment of undisclosed size in Eaglebrook earlier this year.
-The Franklin Templeton Digital Assets Core SMA is a market cap-weighted portfolio comprising 10 to 15 large cryptocurrencies.
-The other SMA contains the same assets but caps holdings of bitcoin and ethereum at 25% of the portfolio each.
-Eaglebrook chief executive Christopher King told Citywire he sees the Tamp offering as the next evolution of our business.
-Eaglebrook previously offered advisors a flagship crypto portfolio comprising 70% bitcoin and 30% ethereum.
-The Tamp offering will broaden out that suite of available products and make it easier for advisors to oversee and bill on clients crypto holdings beyond bitcoin.
-Within Eaglebrooks platform, advisors will be able to select Franklin Templetons SMAs from the same dashboard where they select Eaglebrooks flagship bitcoin/ether SMA.
-Eaglebrook plans to add more digital asset SMAs from other asset managers to its platform later this year.
-While much of Eaglebrooks focus for the rest of the year will be on growing out its Tamp offering, King said hes still hard at work courting RIA clients.