T. Rowe Price has reduced the expense fee it charges for managing Alaska’s in-state and national direct-sold 529 college savings plans by 8.2%.
The Baltimore, Maryland-based money manager said the cuts will save account holders about $1.7 million a year once they are fully phased in.
The University of Alaska serves as trustee and T. Rowe Price serves as program manager for Education Trust of Alaska, which offers three 529 savings plans: Alaska 529, which is marketed directly to investors within Alaska; the T. Rowe Price College Savings Plan, which is marketed directly to investors nationwide; and the John Hancock Freedom 529, marketed nationally through financial advisers.
‘To do that is a big move, and I just don’t think it’s necessary,’ Trump says.
The wealth tech platform says its newly secured patent represents crucial advances in digitizing outdated manual processes.
Financial advisors offer their thoughts on the President's widely anticipated executive order to open retirement accounts to private market assets.
The SEC says First Liberty lured investors with high-yield promissory notes, then used fresh cash to cover defaults and interest owed to earlier investors.
The agency's decision to stay the approval process just hours after signing off highlights ongoing ambiguity for new crypto-focused ETF offerings.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.