The funds will be used to support housing, job training and aid for small businesses in communities that have been disproportionately affected by the pandemic.
“It is amazing that annuity sales are only down in the single digits, given the devastating effects that COVID-19 has wreaked on the annuity industry,” an expert says.
Among our findings, advisors are (finally) embracing chatbots and robo advisors.
The firm experienced record call volumes earlier this year.
Videoconferencing tools have helped us feel less isolated during the coronavirus lockdown, however protecting private information can’t be overlooked.
The SBA’s form clarifies some issues, but still leaves questions to be answered.
LPL advisor Kashif Ahmed tweeted his condition from the emergency room then focused on recovering, knowing his firm could run without him.
The results were “not just predicated on expense ratios,” an expert says.
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Evidence suggests some minority-owned businesses can’t access loans, and the Trump administration is under pressure to report borrower demographics. The issue is gaining attention against the backdrop of protests over the George Floyd killing.
June 14
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The Internal Revenue Service is extending the due dates on its balance due notices because it wasn’t able to mail out the preprinted letters to taxpayers due to office closures during the ongoing COVID-19 pandemic.
June 12
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Major donor-advised fund providers said they’re using webinars, podcasts, social media and emails to nudge clients to give.
June 12
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Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.
June 11
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The average employer match was 4.3% of pay, according to a 2019 Vanguard report.
June 11
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Owl Rock plans to give up to $250,000 in interest-free loans to those impacted by the coronavirus and other economic and social crises, its co-founder says.
June 11
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From fruit baskets to operations, financial advisors can tap into a range of ideas in a time of remote work.
June 11
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Hailing from Merrill Lynch, Edward Jones and Waddell & Reed, the advisors join as both employees and independents
June 10
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Some lawmakers fear that when forbearance plans and enhanced unemployment coverage expire, the consequences for mortgage borrowers still affected by the pandemic will be severe.
June 9
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The central bank’s own data show that slightly more than half of U.S. households own stocks. But that doesn’t come close to telling the whole story.
June 9
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The Internal Revenue Service won’t charge people who threw their stimulus money away because they thought the envelope was junk mail.
June 8
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It would have been easy to get her back in a moment of anxiety and weakness. Here’s why I didn’t.
June 5
Mercer Advisors -
Our newly independent practice turned the shift to virtual into a learning experience we never would have expected.
June 5
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The bill, which passed the House last week on a 471-1 vote, now heads to President Trump’s desk for his signature.
June 3
