Russell Investments recently launched a new Web site to provide financial advisors with a resource library and online tool suite, and to stay ahead of the crisis.
“The market doesn’t care that most individuals have very long investment horizons. The consequence of collapsing markets and off-the-charts turbulence, with more bad news expected, threatens to collapse the perspective of not only individuals, but their financial advisors as well,” said Tim Noonan, managing director, Russell Private Client Services. “In addition to coping with their clients’ genuine sense of emergency, advisors find themselves experiencing the amplified effect of loss of value in their own businesses and personal portfolios.”