1 in 3 Young Investors Switched Advisers over Crypto Access: Survey

Why It Matters

The findings signal a growing demand for integrated crypto services among affluent millennials, pressuring private‑wealth managers to adopt compliant crypto solutions or risk losing high‑net‑worth clients to more progressive firms.

Summary

A Zerohash survey of 500 U.S. investors aged 18‑40 found that 35% have moved assets away from wealth advisers who do not provide crypto access, with most movers earning $100,000‑$1 million and shifting $250,000‑$1 million each. Over 80% say institutional adoption by firms like BlackRock, Fidelity and Morgan Stanley boosts their confidence in crypto, and 84% plan to increase crypto holdings in the next year, with half intending a significant allocation boost. High‑income investors (>$500,000) are leading the exodus, and 92% want access to a broader range of digital assets beyond Bitcoin and Ethereum, prompting advisers to consider insured, compliant crypto offerings on the same dashboard as traditional assets.