Envestnet has canceled its Advisor Summit scheduled for April 29-30 in Austin, Texas.
“We have been closely monitoring the rapidly evolving situation with the coronavirus (COVID-19) for the past few weeks, hoping that things might take a turn for the better by the time April 29 rolls around. This does not appear to be likely,” the company announced on its website.
This the second big event to be canceled in Austin this month. On March 6, Austin Mayor Steve Adler canceled South by Southwest, an annual tech, music and movie event, due to fear about spreading COVID-19. It was set to begin on March 13.
Envestnet says it “will be promptly refunding registration fees for all attendees,” and advisors with questions about the refund process should contact [email protected]. It suggests that advisors who registered for the conference cancel as soon as possible their flights, checking if their airline is offering free cancellations due to the coronavirus, and their hotel reservations.