Finance

In need-for-speed markets lashed by the spreading coronavirus, this breed of rules-based trading is paying off.

Market plunges are normal and stocks are likely to recover and earn a positive return over the long term, says an expert.

Moody’s lowered the giant IBD network’s credit rating with sobering words that could resonate across wealth management.

Moody’s affirmed the company’s “B3” rating but signalled the potential wide-reaching impact of the pandemic across wealth management.

“We’re going to see more restructuring of deal terms,” says investment banker Steve Levitt.

The firm had received margin calls from counterparties including BNP Paribas after its trades went awry, people familiar with the matter said.

Clients are advised to keep some of their savings in cash and focus on their long-term prospects.

First, prove you’re listening; then make sure they know you’re taking action to protect their portfolios.

Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.

Lenders have been ringing up investment firms and hedge funds to garner interest in financing to companies in industries upended by the coronavirus.

While younger clients may be putting away more money than Gen Xers and baby boomers, they’re not better prepared for retirement compared with their older counterparts, experts say.

These retirement vehicles can be less complex and cheaper than alternatives.

In a cut throat market, the RIA can now offer cash for M&A deals.

With more than $80 billion in combined assets under management, the winners have started out the year with a loss.

“Find ways to generate income,” says one financial planner.

While some retirees have seen a substantial increase in spending, many others are enjoying financial freedom.

“It’s like shopping on Amazon for real estate,” says one investor. But clients pay a premium for the access and convenience.

The bank says it has decided to “effectively eliminate the net leverage” of its MLP Income Opportunities Fund and MLP and Energy Renaissance Fund.

Any gains on the sale of a property they've held for over a year may be taxed as much as 20%.

There is quite a bit of data indicating planners timed the markets poorly during the financial crisis. Let's not make the same mistakes again.