Assets managed by the 50 largest registered-investment-advisory firms grew by a barely perceptible 0.4% during the second quarter, according to research conducted by RIA Database for <i>InvestmentNews</i>.
James McDonald, president and chief executive of Rockefeller & Co. Inc., one of the country's largest multifamily of-fices, died on Sept. 13.
The Department of the Treasury wants all states that have an income tax and also sponsor a Section 529 college savings plan to offer residents a tax break, no matter what plan they choose, even if it is one from another state.
While the recession has taken a toll on Americans' ability to save money for college, there are some encouraging signs from families using Section 529 college savings plans, according to a trio of reports released today as part of College Savings Month.
Key players in Section 529 college savings programs, higher education and financial aid will meet on Sept. 16 in Washington to discuss issues affecting saving and paying for college.
A bill that would continue to allow investors in Section 529 college savings plans to make two changes each year to their investment allocations appears unlikely to be passed by the House anytime soon, according to industry and Washington insiders.
The Dana-Farber Cancer Institute of Boston and the Massachusetts chapter of the Financial Planning Association are set to ramp up their groundbreaking free financial-planning coaching service for cancer patients this fall.
As the Section 529 college savings plan industry this month enters its most important marketing period, it has turned a blind eye to the unsettling events of the past 12 months.
The amount of money students borrowed for college has risen dramatically in the last year, a development that could be beneficial to Section 529 college savings plans — if the 529 industry can effectively communicate its message, observers noted.
