Phoenix Has Changed #
The retirement community reputation is outdated. Tech companies have moved in. Finance has grown. Young professionals have arrived.
The metro has 2.1 million households with a median income of $89,000. About 13% earn over $200k, which translates to roughly 273,000 households at that level.
Around 126,000 of those high-earning households don’t work with a financial advisor.
Phoenix’s Growing Crypto Wealth Scene #
Arizona has been friendly to crypto. The state has considered accepting Bitcoin for tax payments. Phoenix has attracted Blockchain companies looking for a business-friendly environment outside California.
Crypto ownership here runs above the national average. The tech migration from the Bay Area and LA brought people who were already holding. The general interest in Alternative Investments and hard assets in the Southwest adds to it.
The 126,000 unadvised high-income households include plenty of people who’ve accumulated digital assets. Many of them are recent transplants who handled their own finances in previous cities and kept doing it after moving.
Self-management works until the complexity gets ahead of you.
The Crypto Tax Problem for Transplants #
Here’s something specific to Phoenix: a lot of crypto holders here moved from high-tax states.
California. Illinois. New York. They came for the tax savings and the lower cost of living. Great decision.
But if you’ve got crypto from before the move, your tax situation might be more complicated than you think. Cost basis from California purchases. Holdings that have appreciated significantly. Potential issues if you weren’t tracking things properly before.
Arizona has a flat state income tax rate, which is simple. But federal crypto taxes follow you regardless of where you live. The IRS wants its cut whether you’re in San Francisco or Scottsdale.
People who moved often leave their financial planning in a messy state. New residency, new accounts, old crypto holdings that need proper documentation. It’s a lot to sort out.
Why Remote Digital Asset Advisory Works #
Phoenix is Spread out. Miles of suburban sprawl. Driving to an advisor’s office in Scottsdale or downtown Phoenix isn’t how you want to spend your time, especially in the summer.
For crypto-specific advice, remote relationships work better anyway. The advisors who’ve built real expertise in digital assets serve clients nationally. They’re used to working with people who’ve moved, who have complex multi-state histories, who need help thinking through situations that don’t fit standard templates.
Remote advisory means:
- Access to specialists who understand crypto deeply
- Secure video calls and encrypted document sharing
- No wasted time on commutes
- Flexibility to meet when it works for you
What you want is someone who can handle specifics. Multi-Exchange cost basis tracking. Tax Planning across different types of transactions. Custody and security planning. Estate considerations for digital assets.
Finding the Right Crypto Wealth Partner #
Digital Wealth Partners focuses on crypto holders and works entirely remotely. If you’re in Phoenix with meaningful digital assets, especially if you’ve recently moved from another state and need to sort out your financial picture, they specialize in exactly this. Visit digitalwealthpartners.net.
Those 126,000 unadvised high-earning households represent a lot of recent arrivals managing complex situations alone. The fresh start in Arizona doesn’t mean your financial complexity went away.
