Financial Planning, On Wall Street, Bank Investment Consultant and Re:Invent|Wealth are reporting how the market's recent volatility is affecting the industry and clients. Complete, ongoing coverage along with commentary from their expert contributors can be found here:
Hunker Down: 8 Advisors Explain How They're Handling Market Volatility
August 24, 2015
"This isn't the first time something like this has happened. Doesn't mean we like it. It wasn't a great start to my week, I can tell you that," says Scott Tiras, an independent advisor affiliated with Ameriprise.
'It's Not 2008': Advisors Try to Quell Client Fears
August 24, 2015
Planers worry about client fatigue if the downdraft drags on.
What Market Worries? Not a Single Client Called Me
August 24, 2015
Despite a sudden market correction, I didn't hear from panicked investors. That's because I'e made them understand in these situations you must work through the pain to profit.
Fed's Lockhart Says Planned Rate Hike Complicated by China
August 24, 2015
Federal Reserve Bank of Atlanta President Dennis Lockhart said he continues to expect the first interest-rate hike in nearly a decade this year, while cautioning that a stronger dollar, a weaker Chinese yuan and falling oil prices complicate the outlook.
S&P 500 Pulls Back From Correction While Risk-Asset Rout Deepens
August 24, 2015
The Standard & Poors 500 Index roared back from the brink of its first correction in nearly four years even as the rout in all but the riskiest of global assets worsened.
August 24, 2015
Advisor can show their worth by making time to help clients understand how to manage the unexpected.
In Times of Volatility, Handle Clients with Care
August 24, 2015
Emotions might get the best of some investors in light of all the bad news. Here are the strategies I've used to guide my clients since the market correction began.
Stock Rout Spreads After China Plunge as Oil Tumbles, Yen Gains
August 24, 2015
A wave of selling gripped global markets as the rout in all but the safest assets deepened.
Stock Drop: What to Tell Clients
August 24, 2015
Clients are understandably worried, but smart advisors can calm their nerves. Heres how.
Calming Clients in Turbulent Times: How One Veteran Advisor Does It
August 24, 2015
How can advisors quell nervous clients? Following Friday's market sell-off, Greg Friedman of San Rafael, Calif.-based RIA Private Ocean sent a memo to his clients.