Work from home

"The stillness of the time produced by the pandemic quarantine has put age-old issues in the spotlight,” writes Visionary Leader Awards judge Dasarte Yarnway.

The judges sought innovations that would make a lasting impact on the business of financial advice. We found them.

Granular sensitivity and remarkable speed characterized the overnight virtualization of the firm.

A planner's casual query about his workspace prompted a rousing discussion in an online chatroom. The conclusions that emerged suggest a reimagined physical and virtual space for planners to meet clients.

The policy shift involves a modest number of advisors in Texas as wealth managers also gear up for office reopenings.

“The mindset has shifted in terms of how we need to be able to lead and support a virtual workforce,” says Edward Jones CHRO Kristin Johnson.

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

In just two days, technology and remote staff helped ex-Wells Fargo FAs managing $281 million open client accounts at their new employer.

From digital advice to fee transparency and fintech investment, the pandemic has touched almost every corner of wealth management.

The firm, which already closed 260 branches, now has 100% of its staff operating virtually.

Wealth management firms will retain employees when they offer flexibility, not just one-off perks.

We've had many chances to learn, from the dot-com bust to the 2008 financial crisis. But the storm is perhaps most applicable to our current situation.

Many advisors can make the switch from a traditional office to one right down the hallway — but it comes with its own set of ground rules.

Before you do anything else, make sure your practice is optimized for a remote-office situation. Are there compliance standards you need to meet?

COVID-19 is bringing business to PayPal, Blend, Symphony and others as homebound consumers and commercial clients seek more electronic services. But demand could cool if the economy slows further.

The change means legions in New York, New Jersey and Connecticut who had been scheduled to rotate among sites will instead stay away from those offices until further notice.

Face-to-screen technology will allow advisors to seek clients from around the globe — it also will increase competition.