If tested, most financial advisors worth their proverbial salt could pass a final exam for Beginning 529 Plans without much cramming beforehand. But clients saving for college have the unfortunate habit of posing problems that go beyond the...
If you are like most advisors, you usually approach client meetings in one of two ways: If the market is up, you underscore the recent growth in the client's assets, and the progress made toward the achievement of his or her financial goals. If...
The next time one of your clients is passing out cigars to celebrate the birth of a baby, tell him that if he wants to educate that bouncing bundle of joy at an in-state public school, he should begin saving at least $300 per month right away. And...
How’s Billy’s 529-plan coming? More gloomy news for parents is good news for financial advisors: Tuition continues to rise at an inflation-topping rate, according to the annual survey by the non-profit organization College Board.
Earlier this month, Congress passed a bill meant to lower the cost of college tuition while simultaneously providing greater access to college. This bill, which is awaiting President Bush’s signature, would slash interest rates on student...
The subject of workplace water-cooler conversations could become increasingly financial in nature. That’s because, when it comes to retirement planning, employees with 401(k)s and other defined contribution plans want more financial planning...
