A pro bono effort to help those who have lost a job, or are otherwise struggling as a result of COVID-19, drew 50 volunteer advisers in the first hour, according to the XY Planning Network, which organized the program.
The group, which calls itself the nation’s leading organization of fee-for-service financial planners, is offering free emergency financial advice to those who have lost income from reduced work, or taken unpaid sick leave as a result of COVID-19. It says that all advisers on the platform are available to meet virtually.
“With expertise in comprehensive financial planning, and, more specifically, weekly and monthly cash flow planning, our advisers are uniquely equipped to offer practical solutions to those adversely impacted by the coronavirus pandemic,” said XY Planning Network’s CEO and co-founder Alan Moore.
He noted additional group members are continuing to volunteer.