-Regarded as the first Texas Investment Advisor firm approved to
integrate Digital Asset Management into Service Offerings-
HOUSTON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/bitcoin?src=hash” target=”_blank”gt;#bitcoinlt;/agt;–TB
Sunridge Advisors LLC, a Texas-based asset management firm,
announced today that it has obtained an important regulatory milestone
for digital assets in the state of Texas. TB Sunridge Advisors believes
that it is one the first investment advisory firms in Texas to obtain
approval as an RIA and formally incorporate, as part of its application
with the Texas State Securities Board, management of both digital assets
and traditional securities into its service offerings.
“We recognized that integrating digital asset management into our
traditional platform would give our customers the potential for a
greater return on investment through diversification of their current
portfolios,” said Matthew Tunney, CEO of TB Sunridge Advisors. “Digital
assets open up a new and exciting option for high net worth individuals
and also for existing investment advisors to extend to their customers.”
To be registered, TB Sunridge Advisors had to obtain various regulatory
licenses, including filing numerous documents with the state securities
board. By doing so, TB Sunridge Advisors aims to create a
paradigm-shifting framework for digital asset management in Texas,
providing an additional avenue for Texans to invest.
Traditional assets include stocks, bonds, and more recently commodities,
while digital assets cover an array of blockchain technologies, best
described as records or “blocks” of digital information stored in a
“chain, or “public database.” The most commonly known forms of
blockchain technologies are Bitcoin and Ethereum. They are designed to
work as a medium of exchange, using cryptography to secure data
transactions and verify the transfer of assets.
Digital assets are a new and developing investment class, and according
to Tunney, diversification through an allocation of digital assets may
provide long-term growth with an asymmetric reward profile, while the
team’s existing portfolio management expertise is utilized to enhance
and protect traditional portfolios. Bitcoin,
as an example, has garnered continued attention over the last several
years due to its price movement and adoption in various use cases as a
currency.
TB Sunridge Advisors’ platform operates as a discretionary investment
advisor. Flexibility and suitability are monitored to optimize returns
for investment goals. Liquidity can generally be similar to traditional
security investment platforms and continues to increase with adoption.
“Digital assets are in their infancy, and their long-term growth is
potentially substantial,” said Tunney. With professional, experienced
risk management to guide investment, overall returns may be enhanced
significantly with strategic exposure to this space.”
About TB Sunridge Advisors
TB Sunridge Advisors is a Texas-based asset management firm that employs
a traditional framework approach to portfolio allocation that now
includes Digital Asset investment. The firm was founded in 2018 and is
one of the first Registered Investment Advisors to incorporate Digital
Assets. Striving to be pioneers in Digital Asset Management, TB Sunridge
Advisors operates with the belief that integrity, accountability, and
transparency are imperative in our firm’s ethos to offer ethical
financial leadership.
For more information:
Visit www.tbsunridge.com
or follow us on twitter
or Instagram
@tb_sunridge
DISCLAIMER: Trading digital assets, securities and commodity interests
involve substantial risk and are not appropriate for everyone. Past
performance is not indicative of future results. Further, no state,
federal or other governmental or self-regulatory organization has
endorsed or passed upon the merits of any trading program offered by TB
Sunridge Advisors.
Contacts
Cody Denton
Marketing Director, TB Sunridge Advisors, LLC
[email protected]
(713)
857 2505
