Eaglebrook Advisors

Founded in 2019, Eaglebrook Advisors operates as a technology-driven, SEC-registered investment advisor providing a specialized platform for the digital asset market. The company was established by Christopher King, who currently serves as the Chief Executive Officer. King's journey into the crypto space began during his time at Penn State University with a case study on taxing virtual currency. His interest in technology, finance, and macroeconomics deepened, leading him to invest personally in the digital asset market starting in 2014. Before founding Eaglebrook, King worked in venture capital at Morgan Creek Capital, where he focused on investing in companies building infrastructure for the crypto market. This experience, combined with his background of interning for his financial advisor father, gave him insights into a market gap for providing trusted digital asset access to the wealth management industry.

Eaglebrook's core business revolves around its Separately Managed Account (SMA) platform for cryptocurrencies, targeting registered investment advisors (RIAs) and their clients. This model allows financial advisors to offer direct ownership of digital assets like Bitcoin and Ethereum to their clients, which are held in the client's name at a qualified institutional custodian such as Anchorage Digital Bank or Gemini. The firm generates revenue through its platform, which provides seamless integration with advisors' existing portfolio management and reporting systems, including major players like Addepar, Black Diamond, and Orion. This integration facilitates client onboarding, trading, rebalancing, and reporting within a unified ecosystem.

The platform's key service is providing tax-optimized Bitcoin and Ethereum SMAs. A significant feature is its automated tax-loss harvesting system, which is particularly advantageous given the volatility of the crypto market and the absence of the wash-sale rule for these assets. Beyond individual assets, Eaglebrook offers access to multi-asset portfolios and strategies managed by third-party investment managers, including ARK Invest, Bitwise, and Franklin Templeton. The platform also includes an educational component, Eaglebrook IQ, which offers training courses and research to help advisors and their clients understand the digital asset market. In January 2022, the company secured $20 million in a Series A funding round, bringing its total raised capital to $22 million, which has been utilized to enhance its technology and product development.

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