July 18, 2024
Why I’m Driven to Build Swan Advisor Services
Two years ago I sent a copy of my book, Why Buy Bitcoin, to the offices of Electric Solidus, Inc. I had recently heard of Cory Klippsten, and I was keen to share my thoughts with him on Bitcoin.
Not long after that he invited me to join him at a lunch hosted by one of his venture capitalist friends at the Napa Valley Grille in Westwood. We sprayed that room of middle-aged VC investors bright orange.
At coffee afterward, he pitched me his idea for a new Bitcoin accumulation service. The defining feature? No sell button.
Brilliant. After a few more conversations, I was sold. I wrote a check to Swan in February 2020.
Over the next year of evangelizing Bitcoin to friends, family, and financial advisors, I found myself mostly shouting into the void. Financial advisors were still allergic to Bitcoin.
The rally of late 2020 — early 2021 began to thaw the ice over the financial advisor industry, but the Chinese mining exodus and leveraged liquidation in May put a pause on Bitcoin adoption by financial advisors.
But here in late 2021, after a recent all-time high in the Bitcoin price and consumer price inflation running rampant, the case for Bitcoin as a crucial part of every investor’s portfolio has never been clearer.
Financial advisors are finally ready for Bitcoin. And I feel compelled to help Swan answer this call.
Swan Advisor Services is unique in two ways.
First, it’s Bitcoin-only. Advisors who are focused on altcoins needn’t contact Swan. We don’t want their business. We want advisors who understand that Bitcoin is the thing.
Second, Swan has the best Bitcoin education team in the business. With two team members who have published Bitcoin books — Yan Pritzker and me; three team members with forthcoming Bitcoin books — Tomer Strolight, Cory Klippsten, and Brady Swensen; three of the best podcasters in Bitcoin — Stephan Livera, Brady Swensen, and Camila Campton; exceptional Bitcoin analysts, writers and creators — Lyn Alden, Brandon Quittem, and Brekkie; and the most knowledgeable Bitcoin salesforce around, there is simply no other Bitcoin education team that compares to Swan’s.
Most companies selling Bitcoin are putting coins into the hands of investors who look at Bitcoin as just another ticker on their computer screen. Swan is different. As with our retail Bitcoin saving product, we will be delivering clients outright owned coins, not a wrapped Bitcoin financial product.
Moreover, we will be delivering the industry’s best education team to advisors and their clients so that when they’re ready to withdraw their coins to cold storage or engage in collaborative custody, they’ll be armed with the knowledge to do so safely. For most clients, this step is likely years away. But we’re building for the long run.
With a laser focus on Bitcoin, a long-term view, and the best team of Bitcoiners in the business, how can we lose?
Help us build and launch Swan Advisor Services by getting in touch with us here.
Together let’s build a Bitcoin solution that’s great for clients and great for Bitcoin.
Andy Edstrom CFA, CFP
Swan Advisor
Andy Edstrom makes frequent appearances in financial and Bitcoin media outlets, including The Wall Street Journal, Forbes, The Economist, Bitcoin Magazine, Stephan Livera Podcast, and Tales from the Crypt.
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