PFP2514. Bitcoin for Financial Professionals

As Bitcoin continues to reshape the financial landscape, this panel features two financial planners who guide clients in understanding and incorporating Bitcoin into their wealth strategies. The discussion will begin with an overview of Bitcoin, explaining its purpose, how it works, and why it’s considered a tool for long-term savings. The conversation will then explore the fundamental reasons people save money, examining how Bitcoin addresses issues like inflation, currency debasement, and long-term wealth preservation.

A key focus will be on the unique characteristics of Bitcoin compared to traditional asset classes such as stocks, bonds, and real estate, as well as how it differs from other cryptocurrencies. The session will break down risk factors, volatility considerations, and the role Bitcoin can play in a diversified portfolio. The presenters will also discuss best practices for incorporating Bitcoin into financial plans, whether through direct ownership or exchange traded funds.

The session will cover custody, as clients often have questions about securing their Bitcoin. Topics include different custody solutions and how financial advisors can guide clients in making informed decisions while balancing security and accessibility.

Throughout the discussion, the panelists will provide practical insights into how financial professionals can approach Bitcoin conversations with clients, helping them understand its potential benefits and risks. Attendees will gain a clearer understanding of Bitcoin’s role in modern financial planning and how to support clients in making informed decisions about their savings and investments.

Learning Objectives:

• Identify the fundamental principles of Bitcoin, how it differs from traditional asset classes and other cryptocurrencies, and its role as a long-term savings technology for wealth preservation and portfolio diversification.
• Recognize how to effectively discuss Bitcoin with clients, address common concerns, and provide clear, informed guidance on its role in long-term financial planning.