Work from home

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.