Business continuity

James Gorman is the first known case of a wirehouse executive contracting the virus.

Waddell & Reed rep Zachary Edwards is feeling much better and relieved that his friends, colleagues and loved ones appear to have avoided COVID-19.

Organizations and firms are donating N95 masks, providing resources at no cost and taking steps to protect employees and practices nationwide from the spreading pandemic.

How FAs and firms are adapting to a radically different business environment.

Senior leaders at the No. 1 IBD meet daily about the pandemic as large enterprises set their own continuity plans into motion with an eye toward ensuring operations.

Buyers and sellers both can benefit from a formula based on the future performance of the business, rather than a metric of current performance.

In a perfect world, a negotiated peace will make winners of all parties, including clients.

I underestimated Hurricane Matthew. I won’t do the same with this storm.

An advisor who is a former ballplayer set ambitious goals for 2021 with an alternate take on the hybrid strategy.

I told clients they need a plan. Turns out, I needed one, too.

The deal marks the largest acquisition for the firm year to date.

While coping with the killing of a beloved colleague, EFS Advisors scrambles to protect his clients.

The hurricane poses staffing and data challenges on firms with large facilities in its path.

Evacuating floodwaters with his pregnant wife, two children and a “very angry cat,” an advisor gets a personal reminder that the people he serves are a lot more than just names and numbers.

Disaster survival tips from Texas-based advisor Rick Woolfolk, who is also a Civil Air Patrol representative for the U.S. Air Force.

Solo practitioners can gain backup, business continuity, flexibility and expanded offerings — as long as they decide it’s worth the time and cost.

Putting a disaster plan into effect to protect a practice and a home in Florida.

Adviser Rick Woolfolk, who is also a Civil Air Patrol representative for the U.S. Air Force, offers survival tips for firms. Woolfolk’s practice is located in Texas' Tornado Alley region.

The proposed rule would require firms to have blueprints in place for natural disasters, cyber disruptions and transitioning clients if a practice winds down.

Financial advisors on the East Coast have solid reasons to be worried about Hurricane Sandy – and even those far from the wreckage should be concerned, too. Advisors’ and clients’ safety rank first, but advisors also have to be concerned about their offices and property, as well as those of their clients’ and their clients’ relatives. As vital as proper insurance coverage is, it often will not cover all losses, nor losses from the disruption of business. How prepared are you and your firm to deal with a major disaster, like Sandy? Far too many advisors have no disaster recovery plan to rely on for times like this. Here are 5 questions to consider regarding you, your firm and your clients after the worst of the hurricane strikes.