Corona virus response update

Simon RoderickNews, updates & about Fram

Wealth management post covid

I wondered if it’s helpful for me to share some of the planning we’ve heard of in the market – I hope it is.

So far, most clients want to/intend to try and maintain business as usual for as long as possible. However, there may be a time when the government’s advice changes and they are planning for this. The majority of firms are able to work remotely, and already a small number have taken the decision to have half of the staff in the office at any one time. This is rare, but has happened. We have also heard of cases where someone has been ill in the office and therefore teams have been sent home for the day only whilst a deep clean takes place.

It is everyone’s intention to maintain meetings and interviews, but we suspect that these will move to a platform like Skype or Zoom very soon (particularly for first interviews). Whilst the markets have been volatile, there have been some rescheduled interviews, but clients are stressing they aren’t cancelling. We expect most of these to be rescheduled for next week. Fram has always operated from a cloud, and so we will suffer no disruption to the service we will be able to provide clients.

I hope this is useful and please don’t hesitate to contact me if I can be of assistance.

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