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As financial markets and the economy at large are roiled by the effects of COVID-19, financial advisors are being proactive with clients and don't see panic in their ranks, although they do report clients showing heightened concern.
That's among the findings of a report from Practical Perspectives, which also notes that large asset managers, such as First Trust, American Funds, and JP Morgan; broker-dealers and home offices; and information sources like CNBC, Morningstar and the Wall Street Journal are proving to offer the most useful support.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
