Blockchain Ecosystems: An Investment Opportunity

Blockchain Ecosystems: An Investment Opportunity

May 21, 2018
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Dear Clients and Colleagues:

No doubt you have heard phrases like “blockchain technology,” “digital currency,” and “Bitcoin” with increased frequency since the beginning of the year. You may be wondering how blockchain technology may affect your portfolio and investment strategy. While blockchain is largely uncharted territory, we recognize the value blockchain may offer investors as well as its potential risks. You will see from reading the linked educational pieces that exploration of blockchain's impact an all sectors and industries has only just begun.

Starting in June, we will invest in publicly traded companies that either invest in blockchain technology or utilize blockchain technology in their businesses. The objective of these portfolio adjustments is to provide investors exposure to the blockchain ecosystem. Your advisor will talk to you about this investment opportunity based on your suitability as determined by your investment objective

Blockchain technology has the potential to disrupt nearly every sector and industry as it becomes more mainstream. Here at Legacy Wealth Management, we will continue to investigate and monitor blockchain as an innovative investment option for our clients.

As always, if you have any questions about your portfolio, please contact your advisor.

Sincerely,

Tony DuBose

Rely Hechter, CPF®

Neelie Sacharow, CRPC

Legacy Wealth Management Investment Committee