Practice

The acquisition would give SoFi control of a technology platform that is currently used by some of its competitors in digital banking.

The program comes as welcome relief for many advisors and their business-owning clients — but the program has struggled since going live on Friday.

Cash-strapped taxpayers may consider waiting until the new deadline to pay or to request a payment plan to buy more time to settle their tax bill.

Firms are trying to maintain enough on-site staffing to ensure swift trading. Some workers feel they have to choose between keeping their jobs and risking their lives.

As financial professionals we are not immune to anxiety — we are just informed and that’s a value-add for clients.

These direct payments are intended to provide direct assistance to American taxpayers who have lost wages, jobs or opportunities because of COVID-19. But there is some fine print.

“Traditionally, 401(k)s generally have some really good investment options that you wouldn’t be able to do on your own,” an expert says.

Rivals and rating agencies aren’t taking any breaks in the pandemic, and CEO Jamie Price says the new giant IBD network remains on track as well.

Most planners have navigated major market events before. Others, like me, have not yet seen anything like this in our adult or professional lives.

Proponents make them a standing core equity holding, but not all advisors are sold. One calls them "marketing schemes."