A pro bono effort to help those who have lost a job, or are otherwise struggling as a result of COVID-19, drew 50 volunteer advisers in the first hour, according to the XY Planning Network, which organized the program.
The group, which calls itself the nation’s leading organization of fee-for-service financial planners, is offering free emergency financial advice to those who have lost income from reduced work, or taken unpaid sick leave as a result of COVID-19. It says that all advisers on the platform are available to meet virtually.
“With expertise in comprehensive financial planning, and, more specifically, weekly and monthly cash flow planning, our advisers are uniquely equipped to offer practical solutions to those adversely impacted by the coronavirus pandemic,” said XY Planning Network’s CEO and co-founder Alan Moore.
He noted additional group members are continuing to volunteer.
Catch-up contributions, required minimum distributions, and 529 plans are just some of the areas the Biden-ratified legislation touches.
Following a similar move by Robinhood, the online investing platform said it will also offer 24/5 trading initially with a menu of 100 US-listed stocks and ETFs.
The private equity giant will support the advisor tech marketing firm in boosting its AI capabilities and scaling its enterprise relationships.
The privately backed RIA's newest partner firm brings $850 million in assets while giving it a new foothold in the Salt Lake City region.
The latest preliminary data show $117 billion in second-quarter sales, but hints of a slowdown are emerging.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
