Crypto Wealth Management: A New Era for Rich Families
Digital Ascension Group: Bridging the Gap
Crypto is transforming how wealthy families manage their money. A company called Digital Ascension Group is at the forefront of this change, helping affluent clients navigate the complex world of crypto investments.
Services and Clients
Digital Ascension offers a comprehensive range of services, including:
- Future planning
- Tax management
- Investment strategies
Their client base is diverse, encompassing:
- Wealthy families
- Memecoin millionaires
Success Stories
One notable client turned a small memecoin investment into nearly half a billion dollars. Utilizing specialized software for rapid trading, this individual eventually sought Digital Ascension's expertise to optimize their wealth management.
The company guided them into investing in XRP, resulting in significant returns. This success story underscores the potential of crypto investments when managed professionally.
The Founding Vision
Jake Claver, the CEO of Digital Ascension, identified a critical gap in the market. Traditional wealth advisors often lack crypto expertise, leaving a void that Digital Ascension aims to fill.
Today, the company manages approximately $1 billion in crypto assets for wealthy families.
Comprehensive Services
Digital Ascension provides a wide array of services:
- Estate planning
- Tax and accounting services
- Investment strategies in various cryptocurrencies
- Returns on assets
All services are conducted in a regulated and secure manner, utilizing institutional custody and insurance.
Custody and Security
A key aspect of their service is custody, handled by Anchorage, a regulated crypto safekeeping firm. This ensures that:
- Clients' assets remain their own
- Assets are protected
- Beneficiaries can be set up
- Multiple signers can manage assets
The Crypto Wealth Landscape
While crypto investments come with risks, they have also generated substantial wealth. The number of crypto millionaires is growing rapidly. However, there is a notable lack of professional advice and management services for crypto wealth, a gap that Digital Ascension is addressing.
The Role of Younger Generations
Interestingly, it is often the younger members of wealthy families who are pioneering crypto investments. They are educating their parents and grandparents about digital assets.
Digital Ascension typically begins by engaging with these younger family members before extending their services to the elders.
Managing Large Sums
Jake Claver acknowledges that managing large amounts of money differs significantly from managing smaller sums. When dealing with hundreds of millions or even billions of dollars, a distinct approach is necessary.
