Ric Edelman

It ought to be at least 5 or 10, and you can argue 10 or 20.

That's Rick Edelman.

Barron rated him the number one advisor in America.

His firm manages over $330 billion in assets.

And you also have to run into this dilemma that people are living longer.

And he's not the only person that understands portfolio allocation and has the same thesis.

Rick Edelman dropped some nuggets at this conference as well that should give people something to think about.

I argued for a 1% allocation.

And you're not just hearing that from hardcore Bitcoiners.

Ric Edelman, named the number one independent financial advisor in America three times by Barron's, built a $350 billion firm, and he just told a room of executives in New York on Monday that the classic 60/40 stock and bond portfolio is dead.

His new floor for a conservative investor is 10% in Bitcoin and digital assets.

For aggressive ones, up to 40%.

Breaking news.

America's number one investment advisor, Rick Edelman, just said he recommends up to 40% Bitcoin allocation.

Check out this clip.

a 10 to 40% allocation, 10% for conservative, 25% moderate, 40% aggressive portfolio.

Here's who we have coming up on the show today.

Ric Edelman, founder of Edelman Financial Services.

Zach Shapiro, head of policy at Bitcoin Policy Institute.

Hike decision on its own, I think the Fed was backed into a corner, and with a 90% probability of a hike, it had to deliver or lose credibility.

Well now let's bring in BMTV's first guest of the day.

He's someone who spent decades building one of the largest independent wealth management firms in the world before becoming one of the most prominent voices pushing the entire financial advisory industry toward Bitcoin and crypto.

With 350 billion in assets under management, Ric Edelman, Engine serves more than 1.4 million families across the US.

Ric Edelman, good morning to you, and thanks so much for joining us.

That's gonna do it for us today.

A preview of tomorrow, we got Ric Edelman, founder of Edelman Financial Services coming up, Zach Shapiro, head of policy, AI, B- head of policy at the Bitcoin Policy Institute, Dan Hillery, VP of Credit at UTXO, Dan Balchunas, senior ETF analyst at Bloomberg, and Rob Hamiltion, the CEO of AnchorWatch.

So lots to look forward to tomorrow.

Remember to like, subscribe, follow wherever you're watching so you never miss an episode.

Final trades after the break.

[upbeat music] All right, 3:00, Adam Parker, Chris Verrone, Dan Ives, Ric Edelman, Shad Khan, he's the Jacksonville Jaguars owner.

We've got CNBC's new valuations list out today for the NFL.

Don't wanna miss that.