The coronavirus crisis has shaken many Americans’ routines, with unexpected health emergencies, lost or reduced wages and government-mandated lockdowns keeping most people at home.
So many Americans are relying on technology these days to communicate with colleagues, families and friends for work, birthdays and weddings, said Rob Greenman, lead adviser and partner of Vista Capital Partners. Finding and working with a financial adviser is no different. “There’s one thing most of us have an abundance of these days — and it’s time,” he said.
Prospective clients should also ask advisers how they would work with clients on an ongoing basis and how they’re paid, said Eric Walters, managing partner and founder of SilverCrest Wealth Planning. “Consumers should look for an adviser who provides a plan for retirement, a plan for investing, a review of their insurance needs, a review of their estate planning and a review of their tax planning,” he said. “Those are the key areas of planning that everyone would benefit from receiving.
There’s so much uncertainty right now, about when the economy will reopen, how people will financially manage in the coming weeks if they’ve lost a job or suffered reduced earnings and even if there will be another wave of coronavirus cases later this year.Still, money problems won’t be resolved immediately, even if someone begins working with a financial adviser right now.
It's definitely not too late... I'm giving FREE advice how to get into the JunkWax market. This stuff is going to skyrocket mid to late fall! I'm telling people 1990 Topps cards...Stock up on as much as you can NOW! I have over 1,000 of them, so I know what I'm talking about.
Buy and hold an index fund for the long term, and realize that market timing is nearly impossible. You’ll never buy at the bottom and you’ll never sell at the top.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Financial planners share top advice to clients during the pandemic - Business InsiderOver a third of financial planners surveyed by the CFP Board advised clients to 'sit tight' and avoid making major financial decisions right now.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Q&A: Can I go outside? Should I wear a mask? Plus other coronavirus questions answered.The latest advice on staying safe during the coronavirus pandemic.
Source: washingtonpost - 🏆 95. / 72 Read more »
Coronavirus economic updates: Rail volumes at a 10-year lowJUST IN: Delta Airlines reports its first quarterly loss in eight years—a net loss of $534 million in the first three months of 2020—with passenger volumes for the airline dropping as much as 95%. Should have saved for a rainy day? Freaking cry babies
Source: ABC - 🏆 471. / 51 Read more »
4.4 million more people file for unemployment in coronavirus crisisBREAKING: More than 4 million Americans filed for unemployment insurance last week amid the COVID-19 crisis, according to the Department of Labor. 4.4 million more Americans filed for unemployment last week, 26 million in 5 weeks. My opponent Jim Jordan voted AGAINST decent unemployment benefits/food assistance during this downturn. He ought to look every single one of those 26 million people in the eye and explain why. And Americans still want their healthcare tied to their employment. Morons. Facebook cover design contact me if you need :
Source: ABC - 🏆 471. / 51 Read more »
Coronavirus economic updates: Rail volumes fall to 10-year lowGrocery store chain Publix announced a new initiative to purchase surplus dairy and produce from local farmers—who haven't been able to sell amid COVID-19 closures—and donate it to Feeding America. Good, I like Publix 'Where shopping is a pleasure.' And it is! Like that they are working w/local farmers, terrible to see food wasted when people are hungry, I thought maybe the gov would step in and fix this .. Its a shame that a grocery store had to step up & do this. Every state has leadership, but they are clueless on how to do things like this. Politicians for the most part are worthless. They refuse to even try & do the right thing and impede others who do try to fix issues. Still and all these governers s need to stop speaking to people in criese and in hurting time wit a whip in hand approach k
Source: ABC - 🏆 471. / 51 Read more »
Coronavirus economic updates: 4.4 million more people file for unemploymentLATEST: Ruth's Chris Steakhouse and fast-salad chain Sweetgreen announced they will both be returning loans they received through the Small Business Association's Paycheck Protection Program. As they should! Thank you AOC for calling them out and holding them accountable Good. Trump needs the money to help bailout his 16 failing golf courses. Why did they even think they could take one out?! We all know they aren’t a small business. 😡
Source: ABC - 🏆 471. / 51 Read more »