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Summary: Advisors with offices in the novel coronavirus epicenters of New Rochelle, New York, and Seattle, Washington, have been helping to ease the minds of concerned clients while managing to deal with the current crisis in much the same way that many other American businesses are dealing with the situation: by shifting to more remote work, according to advisors ThinkAdvisor polled in both cities.
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Summary: With the Centers for Disease Control and Prevention advising on Sunday that no gatherings with 50 people or more be held for the next two months due to the COVID-19 virus, the financial advice industry went back to work on Monday with a broadly different travel calendar.
Added on March 2020 in Form an RIA
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Summary: The Securities and Exchange Commission announced Friday night it is extending the deadline for filing registration paperwork for investment advisers who have been affected by COVID-19.
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Summary: A common response from businesses during an emerging crisis is to sit tight and avoid communicating about the issue in fear of making the matter worse. At 7.21pm (ish) last night that became the wrong response, with Alan Kohler leading the ABC's finance update with the 'hit to super fund members'. Not the oil price war or largest equity market falls since the GFC.
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Summary: Elissa Buie, co-founder of planning firm Yeske Buie, knows it seems contradictory — her professed confidence in the future of both the markets and humanity itself, along with her crashing waves of emotion.
