Advisors are increasingly reluctant to sell during this period of disruption and uncertainty without a greater level of commitment and ongoing support from their firms.
The COVID-19 pandemic has highlighted the benefits of planning, with the ensuing market volatility easier to put in perspective when both clients and advisors view it through the lens of a set of future goals.
The regulatory agency for broker/dealers has changed language to make clear that its' rule would not apply to recommendations covered by the SEC's rule, which will be implemented on June 30.
If you were unable to run your advisory practice for the short- or long-term, would your clients and employees be well cared for during that time? Tuesday, June 23, 2020 | 4:15 PM Eastern Daylight Time