Denver’s Crypto-Wealthy Population #
Denver has attracted a specific type of person. Tech workers who wanted out of California. Finance people who wanted mountains. Entrepreneurs who wanted a growing market with lower costs.
The metro has 1.3 million households with a median income of $106,000. About 20% earn over $200k, which means roughly 260,000 households at that level.
Around 120,000 of those high-earning households manage their money without an advisor.
Why Digital Asset Ownership Runs High Here #
Colorado has been ahead on crypto adoption. The state has considered it for tax payments. Denver has a concentration of Blockchain companies and crypto-focused startups.
The people who moved here brought their existing holdings. The locals who watched tech workers flood in got curious and started buying themselves. The culture here is independent and alternative-minded. Crypto fits that.
Ownership rates in Denver run above the national average. Among high earners, it’s probably significantly higher. These are people who manage their own portfolios, prefer self-reliance, and don’t default to traditional financial institutions.
The 120,000 unadvised households include a lot of crypto holders who haven’t thought through what professional help might look like.
The DIY Ceiling #
Denver attracts people who figure things out themselves. That’s who moves to a new city to build a career. That’s who starts a company. That’s who explores crypto in the first place.
Self-reliance works until the complexity outgrows your free time.
Crypto taxes require tracking cost basis across every platform you’ve used. If you swapped tokens on Uniswap, bridged assets between chains, received Staking rewards, or got airdrops, you’ve got accounting work to do. The IRS wants documentation. They’re paying attention now.
Then there’s the question of what happens to your holdings. If you’re holding in self-Custody, your family needs to be able to access those assets if something happens to you. Is that documented? Is it secure but findable? Have you thought through the actual logistics?
Colorado’s state income tax adds another layer. Combined federal and state, the tax hit on crypto gains can be substantial.
People who pride themselves on independence sometimes resist getting help even when it makes sense.
Crypto Wealth Management Works Better Remotely #
Denver has financial advisors. What it doesn’t have many of is advisors who understand crypto at a deep technical level.
The specialists who’ve built their practices around digital assets work remotely. They’ve got clients in Colorado and everywhere else. They’ve built secure systems for communication and document sharing. They’re used to working with independent-minded people who need expertise without hand-holding.
Remote advisory fits Denver well:
- No wasted time driving to meetings
- Access to specialists who’ve seen hundreds of crypto situations
- Secure communication that matches how digital assets work
- Flexibility for busy schedules
What matters is whether the advisor can handle specifics. Multi-Exchange cost basis tracking. Tax optimization for crypto holders. Custody and security planning. Estate considerations for digital assets.
Taking the Next Step #
Digital Wealth Partners specializes in crypto holders and works entirely remotely. If you’re in Denver with significant Digital Asset holdings, they understand the DIY mindset and can help without taking over. Learn more at digitalwealthpartners.net.
The 120,000 high-income households here without advisors include people who’ve successfully managed complex situations independently. Crypto adds new variables. Some can handle it alone. Others will eventually realize they need a different approach.
