Coronavirus

Once the coronavirus hit and we all started working from home, Bruce Lee's phone started ringing with questions from captive advisors about independence.

The pandemic helped pivot the industry in a healthier direction.

The agency has continued to push back the resumption of physical arbitration and mediation proceedings because of COVID-19, though hearings can be held via teleconferencing or Zoom.

A total of 244 large companies filed for bankruptcy protection in 2020, led by energy, retail and consumer services firms.

COVID-19, economic uncertainty and political change–along with high firm valuations—are pushing more advisors to take their own retirement from the industry seriously.

The pandemic has hit long-term care institutions particularly hard, and the effects are likely to persist, including a shift to more home-based care and changing projections for clients’ retirement costs.

No one could have predicted what 2020 had in store for us, yet, many advisors had the best years of their careers. How is that possible?