article thumbnail

China’s Bad Debt Managers See Profits Tank on Property Losses

Wealth Management

China’s distressed-debt managers have been in turmoil as aggressive lending to embattled developers and unchecked expansion into other areas during the sector’s boom years has beset the $730 billion funds with heavy credit losses.

article thumbnail

How to help clients manage their debt

Nationwide Financial

By taking a holistic approach to financial planning, you can help your clients manage their debt effectively and work toward building financial security. Here are three things financial professionals can do to help their clients deal with debt management: 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Serving Pro Bono Clients As A Busy Advisor: How Advisers Give Back Makes Volunteering Easy

Nerd's Eye View

Most advisors are already familiar with many of the issues these individuals face, from setting goals to debt management, although the specifics might be slightly different given the typically lower incomes and wealth of pro bono clients. law) with established pro bono programs.

Clients 159
article thumbnail

Serving Pro Bono Clients As A Busy Advisor: How Advisers Give Back Makes Volunteering Easy

Nerd's Eye View

Most advisors are already familiar with many of the issues these individuals face, from setting goals to debt management, although the specifics might be slightly different given the typically lower incomes and wealth of pro bono clients. law) with established pro bono programs.

Clients 146
article thumbnail

Financial Literacy: Why It Matters and How to Improve It

International College of Financial Planning

Debt management Debt management involves understanding the different types of debt,evaluating their costs, and creating a strategy to pay off debts efficiently.Financially literate individuals can make informed decisions about borrowing money, negotiate better interest rates, and avoid falling into debt traps.

article thumbnail

Focusing on health today will impact retirement tomorrow

Nationwide Financial

Financial professionals should still have those important conversations regarding debt management and diversification, but another important piece of advice that clients need to hear today is to earmark savings specifically for the costs of health care in retirement.

article thumbnail

How much do I need to retire? Planning for Your Unique Retirement Needs

Carson Wealth

Your financial advisor can help you plan for challenges you may face in retirement, such as spending, efficient savings, taxes, inflation, debt management, Social Security and Medicare. “ Working with a qualified financial advisor to develop a holistic retirement plan can help prepare you for the road ahead.