Skip to the main content.
Talk to experts
Talk to experts
Product

The leading end-to-end wealth management platform.

Enterprise services

Our team works to anticipate and surpass our clients’ expectations.

Ecosystem

Merge our open, integrated platform and its solutions into your tech stack.

By solution

Solve your current pain points with our award-winning solutions.

By firm type

Increase automation with our modern wealth platform.

2024 Connected Wealth Report

92% of the advisors say they would switch firms over bad tech.

Read the latest report

3 min read

Advisor360°’s COVID-19 response: A digital transformation

Advisor360°’s COVID-19 response: A digital transformation

To say this pandemic hasn’t been easy on businesses could be the understatement of the year.

While our wealth management software company has been much less impacted than other businesses that need in-person, on-site staff, the show must go on. We must fortify, adapt, and enforce our business continuity plan to fit the new “normal” way of working for our staff and our customers.

Our company response has been guided by a comprehensive business continuity plan which contains a Pandemic Annex that anticipates multiple potentially disruptive scenarios during a pandemic.

In consultation with Massachusetts health providers, local town officials, and the Commonwealth’s mandates, we’ve adapted our business continuity plan for this current health crisis. And while it wasn’t easy, the Advisor360° business continuity plan lets people and our clients know: our #1 priority is to reduce the health and safety risks to everyone while at the same time continuing the day-to-day operations of our business.

If you have a plan in place that could be improved or your company’s looking for the essential focus areas to address, here’s how we’ve faced head-on this unprecedented business upheaval:

  1. To build a comprehensive business continuity plan, it starts with the right team
    This has never been more vital. Prior to this pandemic, Advisor360° had already established a Crisis Management team. This team works with a cross-functional task force of senior executives and subject matter experts to lead the official company response to the pandemic every step of the way—and pivot when necessary.

  2. While this couldn’t be predicted, your company must always be in forward-thinking, “what if” mode
    We were one of the first companies in our area to transform to a 100% all-remote workforce (not an easy task for a 450+ people organization). Advisor360° has heavily invested in technology that supports a long-term work from home scenario and creates a collaborative, digital work environment.

  3. Weathering the storm is easier when you’ve got infrastructure already in place
    While it wasn’t always smooth sailing, going fully remote in the early days of the pandemic was easier because of the industry we’re in, our technology, and our allocated resources. Thankfully, as a technology company that builds productivity tools within a SaaS platform, going remote wasn’t a giant overhaul for us. But if you’re not a technology company—you can think like a technology company.

  4. Health and safety updates
    The safety and health of our entire staff is paramount. Abiding by the state’s health and safety requirements, we transitioned from our corporate office to a work from home scenario that seems so far to be working for most staffers. How?

    Throughout this pandemic, we have maintained consistent lines of communication through intranet updates and All Hands videoconferencing. We also take the pulse of working from home with regular employee surveys to hear what’s working, what’s not, and gauge sentiment. These lines of communication are critical to ease employees’ concerns and peace of mind.

    We have created official policies and procedures for anyone who wishes to return. For those staffers who do come into our office, the little things are the big things: individual creamers, one-way signs, conference room limits, and healthy protocol posters indispensably enforce our business continuity stance and employee experience during this time. (We also notify partners and customers, through our traditional means of communication, should any new developments affect them).

  5. Implement strategies to set your company up for success
    The strategies Advisor360° has implemented include (but are not limited to):

    • We intentionally don’t reach mandated office occupancy limits and we require pre-access screening questions
    • All employees, contractors, and clients at all our facilities are required to wear face coverings and adhere to social distancing
    • We require employees feeling symptoms of any possible illness to stay home
    • We continue the predominant use of tele- and videoconferencing systems for meetings
    • Our business travel remains restricted

We remain diligent and will take additional actions as circumstances may require. Advisor360° continues to aggressively and proactively respond to governmental and health authority COVID-19 guidelines while still providing exceptional service to our customers.

Thanks to this business continuity plan, Advisor360°’s operations have not been negatively affected by COVID-19.

Mike Marini is Manager of Business Continuity, Enterprise Services and Support at Advisor360°, where he ensures that critical and day-to-day business operations at Advisor360° continue safely and uninterrupted.