Best Practices in Managing the New Norm of Remote Advisory Practices: Lessons Learned
Like many sectors of the U.S. economy, the first major effect of the COVID-19 pandemic seen in the advisory industry was a wave of cancellations of in-person meetings and events. Now, that time seems long gone as advisers, along with many of their clients, have shifted to a remote working environment.
Technological tools such as email, video conferencing and webcasting have been around for decades and, in recent years, plan advisers have integrated these tools into their practices. However, now that it’s become clear that the coronavirus pandemic will disrupt business as usual for the foreseeable future, such technologies are getting a real chance to demonstrate their usefulness—and advisers are figuring out how to use them in both practice management settings and for client communication. And, as the adviser community transitions to remote-based work, with new tools, they have to pay attention to the areas of cybersecurity and protecting sensitive information.
Join PLANADVISER for a discussion that reflects on the past eight weeks of this new world. Hear how advisers can succeed in this new environment, from advisers who have always worked remotely and from those who have just recently embraced the practice.