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XYPN Offers Free Financial Advice to Those Affected by COVID-19XYPN Offers Free Financial Advice to Those Affected by COVID-19

At least 50 fee-for-service financial planners are waiving their fees to provide advice to folks impacted by the coronavirus.

Diana Britton, Managing Editor

March 18, 2020

1 Min Read
XY Planning Network Conference

Many financial planners affiliated with XY Planning Network are waiving their fees to provide financial advice to people who have taken a financial hit as a result of the coronavirus. That includes folks who have lost their jobs, lost income from reduced work or been forced to take unpaid sick days due to the crisis.

At least 50 fee-for-service financial planners have signed up to offer their services to impacted individuals at no cost. All advisors are available to meet with clients virtually.

“These remarkable individuals became financial planners to help people, and while they get to do that in their day-to-day work, today, they get to help people normally not reached by financial planning,” said XYPN CEO and Co-founder Alan Moore. “It further cements that the future of the industry is for us to become a helping profession that isn’t limited to the wealthy but is for all consumers.”

When the government shut down early last year, XYPN made a similar effort to provide free financial advice to furloughed federal workers.

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About the Author

Diana Britton

Managing Editor, WealthManagement.com

Diana Britton is the Managing Editor of WealthManagement.com, covering covering independent broker/dealers and RIAs from all angles. She's also the host of The Healthy Advisor, a podcast focused on advisor health and wellbeing. A native of Los Angeles, she now lives in Rocklin, Calif.