More than half of UK wealth advisors said most of their clients' crypto exposure sits outside their management, with firm policy rather than advisor knowledge or client appetite driving the blind spot, according to a CoinShares survey.
The survey of 261 wealth management professionals across France, Germany, Italy, Switzerland, and the United Kingdom found that 52% of UK advisors report a "management gap" above 50%. Across Europe, that figure stands at one in four advisors.
CoinShares defines the management gap as the portion of a client's digital asset exposure that sits outside the advisor's oversight, such as holdings kept on personal exchange accounts or self-custody platforms.
Firm policy is the driver
The report argues the issue is institutional rather than individual.
