Practice

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

Wealth management firms have evolved past looking for a “flashy digital product” to solve their technology problems, MyVest CEO Anton Honikman says in an episode of Financial Planning’s Invest Podcast.

Despite coronavirus, exams on new regulatory package are going to start, the commission says in new risk alerts.

What do clients value most from their advisors during turmoil?

Fintechs are offering deep discounts or even free service to hold on to advisors and attract new customers.

The firm sees "light at the end of the tunnel," says Silvia Ardagna, managing director in the investment strategy group within the firm's private wealth management unit.

For one, clients will owe taxes still on the distributions, unless they recontribute the money into the account within three years.

The advisor joined before states and cities began ordering businesses to close and residents to shelter in place.

As clients expect more from their planners, companies that service advisors are doing what they can to help. A little Tiger King doesn’t hurt, either.

Advisors — some inspired, some resistant — envision client contact in a post-coronavirus landscape.