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Time to start recommending that clients boost their contributions to their 529 plans. According to the Chronicle of Higher Education, the average tuition of a four-year college sits at $34,740, more than double what it was just 30 years ago ($15,160). But that pales in comparison to the top of the rankings, where tuition fees range from $50,000 to nearly $60,000 a year. Topping off the list is Columbia University, with tuition costing $57,208. ...
Americans Are Failing at Healthcare Planning in Retirement
Americans are doing a poor job planning for healthcare costs in retirement, according to a new report from RBC Wealth Management that surveyed more than 1,000 individuals. Although 80 percent of participants said they are concerned about the cost of healthcare, few are taking any action (56 percent). ...
Vestmark Adds Research Portal to Manager Marketplace
Turnkey asset management platform Vestmark has added a research portal to its Vestmark Manager Marketplace, which connects asset managers with RIAs, banks and broker/dealers who use third-party management in model portfolios or separately managed accounts. The new tool helps advisors search through more than 200 strategies offered by 85 asset managers on the platform. ... |
