Matt Apkarian, CFA

Investment Manager

[Matt Apkarian, CFA @MattAyPeeKay]

Special thanks to Morningstar for having me for a live podcast yesterday. Was a great conversation and opportunity to share insights.

[Morningstar, Inc. @MorningstarInc]

Simple, but Not Easy || Live from the #MICUS Podcast Stage: This podcast equips #financialadvisors with ideas to remove friction and help clients achieve goals. Listen in now for game-changing advisor trends, with @Cerulli_assoc and @SMArtXAdvisory. https://t.co/eCfe8Kv3B5

[Matt Apkarian, CFA @MattAyPeeKay]

@CraigEnderlin @TR401 @Interaxis8 @cerulli_assoc While I’m fully aware that most tokens are not cryptocurrency, advisors do not make this distinction. Plus, if they are not discussing crypto (read: bitcoin) they are surely not discussing other tokens

[Matt Apkarian, CFA @MattAyPeeKay]

@Interaxis8 @TR401 @cerulli_assoc 26% of out of the 85% of advisors not currently using or discussing crypto expect to do so in the future. So I expect a continued small uptick in the near term, and maybe a larger jump should to regulatory environment around crypto evolve

[Matt Apkarian, CFA @MattAyPeeKay]

@TR401 @cerulli_assoc Approximately 12% out of the 15% that use or discuss crypto with clients only do it based on their clients’ request

[Eric Balchunas @EricBalchunas]

“ETF model portfolio rebalances are starting to become macro events” - great quote re the growth of big time models which regularly do multiple billion trades in one day via the trading panel at our London event

[Matt Apkarian, CFA @MattAyPeeKay]

@EricBalchunas The problem is that many advisor channels still don’t allow these to be recommended. Our data shows that there’s still a sizeable amount of advisors that expect to be able to recommend crypto at some point in the future, but still aren’t yet

[Matt Apkarian, CFA @MattAyPeeKay]

@EricBalchunas @JSeyff Are there still ETH futures applications in play? or were those all withdrawn because we might as well go straight to spot at this point?

[Ryan Krystopowicz, CFA @ryankETFmodels]

#ETFModelPortfolios stat of the day: "66% of advisors believe their practice could better handle fee compression if they implement third-party models" - Source: WisdomTree

[Ryan Krystopowicz, CFA @ryankETFmodels]

#ETFModelPortfolios stat of the day: “85% of wealth outsourcers won new business during volatility versus 69% who do not use models or SMAs” Source: BlackRock

[Matt Apkarian, CFA @MattAyPeeKay]

@EricBalchunas @JSeyff Definitely necessary to stop the bleeding. Glad to see a change being made, for the sake of the investors!

[Matt Apkarian, CFA @MattAyPeeKay]

@JSeyff I see the SEC using the proof of stake mechanism as their reasoning for delaying approval. Very little chance we see approval at this initial deadline

[Matt Apkarian, CFA @MattAyPeeKay]

This is good for investors, but still unclear as to why the fee isn’t just being adjusted on GBTC, and what portion of assets will be spun off?

[Sonnenshein @Sonnenshein]

GM. Today we've filed for @Grayscale #Bitcoin Mini Trust - Ticker: $BTC

Important Disclosure: the information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and we are not soliciting offers to buy these securities in any state where the offer or sale is not permitted.

[Matt Apkarian, CFA @MattAyPeeKay]

Another movement by asset managers looking to produce income for their clients without having to buy dividend-paying securities.

BlackRock to Acquire SMA Manager SpiderRock https://t.co/baVGrA1pnp

[Matt Apkarian, CFA @MattAyPeeKay]

@ramit He was telling people to get out of debt when you could get sub 3% mortgages and refinance your student loans for less than 4%…the exact times when you should have been taking advantage of cheap debt. The message cannot be the same in all economic environments

[Matt Apkarian, CFA @MattAyPeeKay]

@EricBalchunas @psarofagis Don’t worry, another week and this won’t be a conversation anymore unless BTC starts shooting toward all time highs again

[Matt Apkarian, CFA @MattAyPeeKay]

@ramit The advantage that wealthy people have is that they are often better at strategically using debt and have access to better interest rates

[etf.com @etfcom]

ETFs have become the most preferred investment vehicle for financial advisors, according to Cerulli Associates [@cerulli_assoc]. https://t.co/DhOSdqjQDz

[Matt Apkarian, CFA @MattAyPeeKay]

@daniilatcerulli Toast would definitely kill a few birds if he had a chance

[Matt Apkarian, CFA @MattAyPeeKay]

Thanks for the coverage @Nasdaq!

Advisor Demand Led to SMA Strategies in Model Portfolios | NASDAQ https://t.co/ETKv5JWDNx