Monthly Archives August 2017

Back-to-School Season Is the Perfect Time to Reach Out to Your Clients

Your clients look to you as their expert when it comes to all things financial, and college planning is no exception. Here are some approaches you can take this fall along with some facts to have at your fingertips when you’re meeting with clients.   Relay facts about the cost of college. See the research we did last year (Planning for College Has Never Been More Important) which showed that 42 million Americans carry $1.3 trillion in college debt. The average tuition and fees in 2015-16 were $9,410 per year at four-year, in-state public institutions, while room and board were
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Categories: Blog Posts.

Millennials Are Saving, But For Financial Freedom, Not “Retirement.”

Millennials–people between the age of 18 and 34–are the largest demographic group in America as of 2015. And according to a recent study by Bank of America’s Merrill Edge, they are also saving more money than any other group, with 36% of them stashing away 20% of their salary. But it’s not for “retirement” per se. They are saving money so they can “live their desired lifestyle.”   If you haven’t been actively pursuing this group, you might want to consider it. Millennials need your help beyond robo-advice. Research by UBS has suggested that millennials have become the most financially conservative generation since
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Categories: Blog Posts.