Capital markets

“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.

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.

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.