Broker Check

4 Ways to Firm Up Your Continuity Plan, Now

From ThinkAdvisor:

Between guiding clients through the current surge in market volatility, shifting to a work-from-home model and preparing to meet the looming Reg BI implementation deadline, it’s no exaggeration to say that this may be the most challenging time you’ve ever faced as an advisor.

It’s no surprise, therefore, that double-checking and firming up your continuity plan is something you may have allowed to fall by the wayside — even as there is an increased likelihood that businesses across the industry could suffer a disruption.

Pressed for time, some of you may hope your existing plan is adequate, while believing you’ll make the necessary updates when the current situation settles down a bit.

However, this issue is too important to let slide. Follow these simple steps to make sure your business is prepared, both for the pandemic and for the future.