A new survey by CoinShares reveals that over half of UK wealth advisors report that most of their clients' crypto holdings are outside their oversight. The poll of 261 wealth professionals across five European countries found that 52% of British advisors face a management gap exceeding 50%, meaning the majority of clients' digital assets are held on personal exchanges or self-custody wallets. The survey attributes this gap not to advisor knowledge or client demand, but to firm policies: 61% of advisors work at firms that restrict digital assets or provide no internal guidance, leading to an 8.5 times wider unmanaged exposure compared to supportive firms. CoinShares CEO Jean-Marie Mognetti emphasizes that this is a firm-policy problem becoming a wrong-way risk. Advisors prioritize structural changes like regulatory recognition of digital assets as mainstream and access to exchange-traded products over training. The report notes that with an estimated £1 trillion set to pass to the next generation in the UK within a decade, advisors who cannot see clients' crypto risk losing accounts entirely.

Key facts

• 52% of UK wealth advisors report a crypto management gap above 50%.
• 61% of advisors work at firms restricting digital assets or lacking guidance.
• Unmanaged exposure is 8.5 times wider at restrictive firms than supportive ones.
• Advisors seek regulatory recognition and ETP access, not more training.
• £1 trillion wealth transfer in UK over next decade heightens risk for advisors.