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Banking department offers opioid-related advice for financial professionals

The opioid epidemic touches every segment of society. Even the financial services community.

Many investment advisers report that they have clients or client family members struggling with opioid abuse, according to a Pennsylvania Department of Banking and Securities press release issued Thursday.

That’s why Banking and Securities officials have partnered with the Department of Health and other state agencies to provide a resource guide to assist financial professionals coping with the ongoing public health crisis.

The publication, “Opioid Epidemic: Its Impact on Investment Advisers, Their Clients, and Firms,” can be found online here. Individuals and companies wishing to receive printed copies of the guide can make requests to informed@pa.gov.

The guide offers advice including how to understand opioid use disorder, how the epidemic affects investment advisers, how investment advisers can help clients, and where to find help and resources for clients.

“Financial services professionals are on the front line of the opioid crisis due to the high costs associated with addiction and treatment,” Secretary of Banking and Securities Robin L. Wiessmann said in the press release.

CPBJ Staff
Contact the Editorial Department at editorial@cpbj.com

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