Truist Wealth, the non-public wealth enterprise of Truist Monetary Company (NYSE: TFC), introduced that Truist Investment Providers, Inc. (TIS) monetary advisors will now be capable of supply two SEC-registered spot bitcoin trade‑traded funds (ETFs) sponsored by Constancy and BlackRock.
These ETFs supply regulated digital asset publicity via trade‑traded buildings, giving buyers an easy technique to entry this evolving asset class.
Officers mentioned TIS shoppers can have the chance to work in shut partnership with their monetary advisors, making certain choices are aligned with every consumer’s objectives, monetary scenario, and danger tolerance.
These ETFs are additionally accessible via Truist Commerce, its providing for shoppers thinking about self-directed real-time buying and selling.
“Purchasers are more and more exploring digital belongings as a part of a diversified funding technique, mentioned Brian Dowhower, head of Truist Wealth. “Our strategy is to steadiness robust consumer curiosity with prudent safeguards, making certain any enlargement of digital‑asset choices happens thoughtfully and in alignment with our purpose-driven wealth expertise and commitments to ship consumer care and fulfill regulatory expectations.”
Officers mentioned the addition of those spot bitcoin ETFs represents a measured enlargement of Truist Wealth’s holistic portfolio of options and displays the agency’s disciplined strategy to evaluating rising funding choices on behalf of shoppers.
“Our built-in strategy to portfolio administration gives a variety of choices, from conventional to various investments to assist meet the varied wants of our shoppers,” mentioned Leah Wehinger, head of Investment Recommendation and Solutions for Truist Wealth. “As we proceed to develop our choices, our shoppers and options are supported by credentialed analysts who present deep sector data.”
Truist Wealth is a part of the broader Truist Wholesale Banking phase, which gives complete options to industrial, company, institutional and high-net-worth shoppers via a mix of regional protection and industry-focused groups serving shoppers throughout the U.S.
Truist Wealth companies in South Carolina are primarily accessed via regional wealth advisors and main Truist department places.
