Miami’s Crypto Reality #
Miami became America’s crypto capital. The mayor talked about Bitcoin. Conferences moved here. Crypto companies set up shop.
The numbers tell part of the story: 2.35 million households with a median income of $76,000. About 13% earn over $200k, which translates to roughly 305,000 households.
Around 140,000 of those high-earning households don’t work with a financial advisor.
Crypto ownership here runs higher than the national average. The city actively courted the industry. Tech and finance people moved down. The culture embraced digital assets in a way most American cities haven’t.
Among affluent Miami residents, ownership likely exceeds 30%. Self-directed investors who manage their own portfolios tend to include crypto as part of their allocation. Some are holding. Some are actively trading. Some have gotten deep into DeFi.
The 140,000 unadvised high-income households include a substantial number of crypto holders navigating complexity without professional help.
Why Digital Asset Holders Need Real Planning #
Miami attracted crypto people, but that doesn’t mean everyone here understands the financial planning side.
Taxes are the obvious issue. Florida has no state income tax, which is great. But federal crypto taxes still apply. Every trade is a taxable event. Staking rewards count as income. DeFi activity triggers obligations most people don’t track properly.
The IRS has made enforcement a priority. They’ve issued summons to exchanges. They’ve added crypto questions to tax forms. The days of flying under the radar are over.
Beyond taxes, there’s Custody and Estate Planning. If you hold crypto yourself, what happens to it when you die? Does your family know how to access it? Is your Seed Phrase documented somewhere secure but findable?
These questions matter regardless of whether you’re bullish or bearish on crypto’s future.
Why Remote Crypto Wealth Management Works #
People searching for “crypto financial advisor near Miami” might not realize: the best crypto advisors don’t need to be local.
The advisors who’ve built deep expertise in digital assets work remotely. They serve clients nationally. They’ve seen situations from every state and every type of Portfolio.
Remote works for crypto because:
- The Asset Class is digital and global
- Security conversations happen through encrypted channels anyway
- Specialized expertise matters more than geography
- Your time is valuable and meetings shouldn’t require commuting
What matters is finding someone who can handle the specifics. Cost basis tracking across exchanges and DeFi protocols. Tax optimization strategies. Custody planning. Estate considerations.
The advisor who happens to have an office in Brickell might not be the one who understands your situation best.
Getting Help #
Digital Wealth Partners focuses on crypto holders and works entirely remotely. If you’re in Miami with significant Digital Asset holdings, they’re built for exactly this kind of situation. Visit digitalwealthpartners.net.
The 140,000 high-income households here without advisors include a lot of people who think they’ve got it handled. Some do. Many have gaps they don’t see yet.
