May 1, 2020
Welcome to the “Leadership in a Time of Crisis” series, where
Josh & Jay have a series of conversations with the executive
leadership of Prime Capital Investment Advisors, the
independent RIA where Josh holds his Series 65 securities license.
Tune in to hear behind the scenes details about how a large
independent investment company navigated the most volatile month in
market history while also dealing with pivoting quickly to staff
and advisors having to start working remotely. It’s a fascinating
story about how Prime Capital moved quickly to provide high-level
attention and communication to its advisors & clients during a time
of unprecedented upheaval.
In this episode, Josh & Jay welcome Tony Woodard, the Chief
Compliance Officer at Prime Capital Investment Advisors. Tony gives
a behind the scenes look at the compliance decisions facing the
compliance department of a large independent RIA in an
unprecedented time of crisis. We discuss how critical client
communications by both the advisor and the advisory firm are during
a situation like this, particularly as it relates to Prime
Capital’s business continuity plan. Tony also details how Prime
Capital’s portfolio managers and investment advisory committee
identified market imbalances and acted quickly to rebalance pretty
nearly all of its client portfolios, with the Trading Team placing
a significant number of trades over the past few weeks in a remote
environment without a hitch.
Resources
Prime Capital Investment Advisors
Gulf Coast
Financial Advisors
Qualified Plan Advisors
If any of these topics apply to your situation, we can help! Reach
out to us at 251-327-2124, or email jnull@gulfcoastfa.com.