Eaglebrook Advisors, a Miami, FL-based digital asset separately managed account (“SMA”) platform, raised $20M in Series A funding.
The round, which brings total capital raised to date to $22M, was led by Castle Island Ventures and Brewer Lane Ventures with participation from Gemini Frontier Fund, Avon Ventures, Jump Capital, Sybil Capital, Marty Bicknell, Ric Edelman, Mark Casady and Joe Mrak.
The company intends to use the funds to accelerate technology and product development to serve financial advisors and the wealth management industry in response to market demand.
Founded in 2019 by Christopher King, Chief Executive Officer, Eaglebrook Advisors, Inc. is a tech-driven, SEC-registered investment adviser that operates a SMA platform focused on the crypto market. Digital assets held in its SMAs are secured in an offline, institutional-grade custody account at Gemini Trust Company, a qualified custodian. Eaglebrook’s digital asset SMA platform is fully integrated with the major portfolio management and reporting systems used by RIAs and independent advisors. The solution allows advisors to model, onboard, bill, and advise on their clients’ bitcoin and digital asset holdings within a secure, unified technology ecosystem.
Eaglebrook’s digital asset SMA platform has grown to serve more than 40 RIAs and 500 financial advisors across the United States. Key partnerships include Mariner Wealth Advisors, Dynasty Financial Partners, and Halbert Hargrove Global Advisors, among others. Eaglebrook recently launched Eaglebrook IQ, the crypto educational platform for financial advisors, providing training and education on the emerging digital asset market.
FinSMEs
26/01/2022