Coronavirus

“I’d say independence is resonating with advisors now more than ever,” says recruiter Jodie Papike.

How they’re hiring, striving and even thriving under new conditions.

The U.S. Small Business Administration, in conjunction with the Treasury Department, released a loan forgiveness application for the SBA’s troubled Paycheck Protection Program, along with detailed instructions for the application.

Given that I must disclose on my Form ADV that we accepted the aid, I had to ask myself difficult questions about possibly over-zealous regulatory scrutiny as well as my firm's reputation, this advisor writes.

New digital tools have boosted advisors' ability to reach more — but not all — clients.

Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.

The central bank plans to make both outright purchases of corporate bonds as well as funds potentially invested in sub-investment grade debt.

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.

Nearly 72% of Americans opted to stay the course and stick to their investment plan during the crisis, a survey found.

By making the right moves, retirees can reduce their taxable income and owe less in capital gains taxes, an expert says.

Little-known provisions include the economic injury disaster loan program, the employee retention credit and even an option to defer some payroll taxes.

Fixed-income ETFs — for the most part — passed their first big test, but it was a roller-coaster ride along the way.

Recruiting is likely to accelerate as the pandemic abates, writes Mark Elzweig.

Despite recent upheaval, some clients will still be shocked their portfolios have shown declines.

For better or worse, investors have mostly turned around the fortunes of risky assets entirely on their own.

The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.

Withdrawals this year have equaled almost half of last year’s inflows, leaving Pimco with net outflows of $46.8 billion in the first quarter.

The IRS is giving taxpayers who want to receive their payments by direct deposit a tight deadline.

Though IRA conversions during a market correction may enable some clients to save on their taxes, the strategy is not recommended for everyone.

“As we navigate through these unprecedented times, we are exploring a variety of measures to reduce costs while managing our business and continuing to serve our clients,” a TIAA spokesperson said.