Global investment management organization Franklin Templeton and digital asset investment platform Eaglebrook Advisors have partnered to offer two new digital asset separately managed account (SMA) strategies.
Franklin Templeton said the endeavor via the Eaglebrook platform would be available to investment professionals working with domestic investors in mid-October, providing access to digital assets exclusively targeting the needs of financial advisors, wealth managers and clients.
“Partnering with Eaglebrook is an important step forward for Franklin Templeton, as we continue to expand our suite of digital assets strategies and provide financial and wealth management advisors with the tools to meet clients’ needs in a rapidly shifting investment landscape,” Franklin Templeton Head of Digital Assets Roger Bayston said.
The Franklin Templeton Digital Assets Core is a market cap-weighted strategy investing in 10 to 15 of the largest digital assets, excluding stablecoins and meme coins, with Franklin Templeton Digital Assets Core Capped deploying a similar approach.
“We are thrilled to announce our partnership with Franklin Templeton,” Eaglebrook Advisors CEO and Founder Christopher King said. “Financial advisors can finally access professionally managed multi-coin SMA strategies with one of the world’s leading asset managers. We are excited to make these new strategies available for use by advisors and look forward to building a valuable, enduring relationship between our two firms.”
Sam Marciano, who heads Franklin Templeton’s SMA Distribution, said expanding Franklin Templeton’s SMA capabilities to include digital asset SMAs affirms the company’s commitment to offering industry relevant investment solutions meeting clients’ evolving needs.