Two-Thirds of FAs Cite ‘Significant’ Disruption by Covid-19: Survey
April 8, 2020 by Alex Padalka
The coronavirus pandemic has impacted the majority of financial advisors, forcing many to fundamentally change the way that they do business, results of a recent survey show.
Sixty-three percent of advisors say they’ve had significant disruptions to their practices as a result of the coronavirus, according to research published by Limra. A further 28% of the 550 respondents say that they’ve been moderately disrupted.
Seven out of 10 respondents say they’ve established alternate work arrangements for their teams, according to the survey.
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