Wealth management firms need to be prepared to offer investment solutions that are compelling in returns and yield, while also laddering up to the promise of building a better world.
COVID-19 has caused some advisors to doubt the benefits of outsourcing investment management to third-party models, according to data collected by market research firm Ycharts.
The SEC release asked firms to keep an eye on business continuity, employee supervision and the protection of sensitive investor information during the pandemic.
Advisors could have better prepared clients for the chaos by relaying the inevitability of unforeseen events and finding ways to mitigate their impact, according to panelists at Riskalyze Fearless Week.
We basically experienced four years of market action over the last four months, and a lot of investors are struggling with the divergence between a failing economy and rising financial markets.
