Wedmont Private Capital, a wealth management firm, has acquired shares in Fidelity Wise Origin Bitcoin Fund. The firm targets high-net-worth individuals and offers a flat fee instead of asset-based fees.
A wealth management firm founded by UBS and Vanguard veterans has invested in Bitcoin through the acquisition of shares in Fidelity Wise Origin Bitcoin Fund. Wedmont Private Capital, the firm, purchased 3,471 shares worth $209,336.
The company differentiates itself from competitors by offering a flat fee of $10,000 instead of asset-based fees. Wedmont targets high-net-worth individuals with over $1 million in investable assets. The firm was co-founded by former executives from Vanguard and UBS.
Wealth Management UBS Vanguard Bitcoin Fidelity Investment High-Net-Worth Individuals
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