Downtown Josh Brown on Bitcoin and Wealth Management

Episode 27 of season 3 of The Scoop was remotely shot with Frank Chaparro of The Block and Josh Brown, CEO of Ritholtz Wealth Management.

Listen below and subscribe to The Scoop on Apple, Spotify, Google Play, Stitcher, or anywhere you listen to podcasts. Email feedback and change requests [email protected]

This episode is brought to you by our sponsors Bakkt, Kraken and Exodus

Bakkt® unlocks the over $ 1.2 trillion in digital assets currently held in cryptocurrencies, rewards and loyalty points, gaming assets, and merchant stored values. We started 2018 with the vision of giving trust and transparency to digital assets. With the futures and options contracts Bakkt Warehouse and Bakkt Bitcoin, we serve institutional customers in a consistently regulated market with real price transparency. For consumers, Bakkt aggregates digital assets to provide instant liquidity and enable users to trade, transfer and pay at will. Visit for more information

About octopuses

Whether you are a seasoned crypto trader or you are just starting out, Kraken has the tools to help you gain financial freedom. With 50+ cryptocurrencies to choose from, industry-leading security, and a variety of features for any investment strategy, Kraken is in the hand to buy, sell, and trade digital assets. Visit to get started today.

About exodus

Exodus is leading the world out of traditional finance by creating beautiful and easy-to-use crypto products. Forget about having to learn the nuances of different cryptocurrencies. Exodus is meant for everyone and hides the complex details behind a beautiful and intuitive interface.

Buy and sell one cryptocurrency for another conveniently in seconds. The funds remain under your full control. Secure, manage, set and exchange all of your favorite cryptocurrencies in one wallet. No account registration is required. Download Exodus at or directly from Google play and the iOS App Store and you’re ready to go

Wall Street deals with the development of crypto headlines one after another.

From Goldman Sachs to Morgan Stanley, the big banks are moving from exploring the world of digital assets to doing full business.

For example, Goldman announced on Friday that it would restart its market for undeliverable forwards tied to Bitcoin. Both Morgan Stanley and Goldman have announced that they will offer Bitcoin to their richest customers. One channel that has not yet fully embraced crypto is the independent wealth management market.

Josh Brown – the head behind the well-trafficked Reformed Broker blog – is one of the legion of wealth managers who have not yet advised their clients to buy crypto.

The CEO of Ritholtz Wealth Management spoke to The Scoop about how financial advisors are studying the fast-growing $ 2 trillion market, why it is skeptical of non-fungible tokens and decentralized funding, and how Covid-19 turned the idea of ​​risk on its head .

Here is a blurb from the show:

“The most worrying thing is that what we have just seen has completely turned the whole concept of risk on its head because we were currently facing the greatest risk in 100 years. We have had the Spanish flu 2.0 in modern times as if we were going three times faster to travel.” Like the biggest risk you can think of, millions of people suddenly died from a global pandemic. It turned out to be one of the greatest opportunities. And you didn’t have to wait three or eight years like the Great Depression to find out. Literally. The stock market fell for 16 days and stopped. Think about it. So what is still a risk anyway? What if I tell you there’s an atomic bomb going off somewhere next? Dow Jones could rise 50%. “

© 2021 The Block Crypto, Inc. All rights reserved. This article is for informational purposes only. It is not offered or used as legal, tax, investment, financial or other advice.

Related reading

Comments are closed.