Ethos partners with Fusion Financial Advisors for cryptocurrency portfolios
Fusion Financial Advisors (Fusion) announced they have become a registered investment advisor regulated in the United States, enabling them to offer diversified portfolios consisting of cryptocurrencies.
To maximize this milestone, Fusion has established a partnership with Ethos.io, to be their first Bedrock Business Customer, meaning the two teams will collaborate on the design and functionality of the dynamic Ethos Platform. This relationship will also allow Fusion to offer automated-investment advice directly to its target user audience, through the Ethos Universal Wallet mobile application.
The Fusion team reports they are currently hard at work building the technology infrastructure that will enable its mobile web-based investment advisory services, allowing Fusion to provide consumers additional options to manage their wealth with diversified portfolios consisting of exchange-traded funds (ETF), cryptocurrencies and other limited investment products. These services will initially be offered to users of the Ethos.io platform.
Fusion says that once their technology is finalized later this year, users of the Ethos Platform that choose to become clients of Fusion will have the ability to access the Fusion Web-App directly within the Ethos Universal Wallet to learn more about investing, track third-party financial accounts and/or digital wallets, and create and manage a hybrid crypto and investment portfolio designed to meet their financial goals, interests and beliefs within their respective investment objectives, risk tolerance and financial parameters.
The advisory services offered through the Fusion Application will initially consist of advice limited to only mutual funds, ETFs, and cryptocurrencies well as cash and cash equivalents. Fusion’s advisory services are intended for long-term investors that are focused on building wealth over time through a highly diversified portfolio and are not geared toward short-term, active investors.
