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- Financial advisory firms have had to adapt using virtual technologies to keep their meetings going with clients.
- Their newfound comfort with tech will probably change advisory practices well into the future.
- Top-ranked firms in the 2020 CNBC FA 100 list weigh in on how technology has transformed their businesses.
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The Covid-19 pandemic has pushed more financial advisors to figure out how to meet virtually with clients.
Advisory firms have had to find ways to be able to adapt through the use of virtual technologies to keep their meetings going with clients. That newfound comfort will probably change advisory practices well into the future.
To that point, the first Zoom video meeting that the advisors at Salem Investment Counselors had earlier this year to discuss financial markets was not a resounding success.
“We spent half the time troubleshooting people’s connections, and then it shut down
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NEW YORK (AP) — Across the U.S., the pandemic has forced students to attend virtual school to prevent spread of the coronavirus. But the more we rely on technology, the bigger the consequences when gadgets or internet service let us down.
Technology being technology, all sorts of things can go wrong. Your internet service may be inadequate for all-day videoconferencing or simply overstressed. Hardware and software can be confusing, can break, and sometimes just fails to work. There can be unanticipated consequences from turning on a new video camera in your home for school lessons.
Here are answers to some common questions from parents now forced to manage their kids’ virtual educations.
Q: We don’t have a computer/enough computers/fast enough internet service for online school. What do we do?
A: This affects millions of people, and there are no perfect solutions.
It’s possible to use smartphones as hotspots for computers,
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The IDF’s Home Front Command’s Alon task force and it’s Epidemiological Investigation Center can effectively deal with 2,000 cases a day with some 2,500 investigators but should the need for additional investigators increase, its capabilities will decrease.“We are building a very good system which can carry out a good number of quality investigations but every good machine has a limit,” Col. Relli Margalit, Commander of the Epidemiological Investigation Center told The Jerusalem Post. Earlier this week the IDF announced the establishment of the Home Front Command’s “Ella” unit which would carry out epidemiological investigations with new technology that would help the Health Ministry by streamlining and improving its ability to cut the chain of coronavirus infection.“The Health Ministry is great, but its small and can’t deal with everything. Of course, the military can’t deal with everything either but the Home Front Command is here to help solve problems that … Read More