Advisors are limiting travel, telling employees to work from home and cancelling events, all while balancing the need to be open and responsive to clients.
A commission spokesperson said that teleworking would not diminish the SEC's capability to continuing monitoring market function and working with other regulators.
The Financial Industry Regulatory Authority said Monday that it would give firms more flexibility in supervising employees working remotely and in relocating personnel to temporary locations.
Conversant Wealth Management has $255 million in client assets and will be Sanctuary's fourth firm based in California.
Videoconferencing may gain new importance to advisors and clients as the coronavirus leads to quarantines, remote working and self-isolation.
'The relevance of the CFP Board, to consumers, has been substantially diminished,' read a letter from the Committee for the Fiduciary Standard.
