The team is relatively young but also is interested in appealing to advisors who may eventually want to retire to Florida.
Companies see suspensions as a way to boost cash flow and avoid or limit job cuts -- although furloughs and layoffs have been plentiful this year.
But some financial-services companies are using the disruption to fill key roles and bolster businesses.
Roth IRAs look very appealing following market volatility and warnings that tax rates are bound to rise.
The movement is based largely on the idea that you can live on less and save more through intensive financial planning, and an 11-year bull market made the possibility of hitting their numbers seem well within reach. That’s gone now.
The chief investment officer of Citigroup Inc.’s private bank says rich clients are looking for less downside and a levered upside for equities.