Several financial services firms based in Florida have closed their doors in preparation for Hurricane Ian. In addition to closing their offices, advisors and other staff members who live in vulnerable areas have been encouraged to evacuate.
Firms like Raymond James have enacted business continuity and evacuation plans to ensure support for critical operations. According to ThinkAdvisor, Concurrent's Tampa office shut down, impacting at least 30 people.
A spokesperson from Dynasty Financial Partners shared that the firm is executing its business continuity plans and evacuating employees in vulnerable areas. This is the first time Dynasty has had to close its doors and evacuate since moving to Florida in 2019.
Each of the firms expects that there will be no disruption in services. However, the health and safety of their employees is paramount.
Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.
