Updates

Direct-sold 529 plans are increasingly accessible to advisors as they shift from commission to fee-based compensation, according to a Morningstar study released Wednesday. “Direct-sold plans recognize that the market is shifting and so they want to provide some of that customization and flexibility that was previously limited to advisor-sold plans,” said Madeline Hume, analyst with … more »

The best time to prepare for being let go is while you’re still punching in at work. While employment overall has been rosy — the unemployment rate went down 20 basis points to 3.6% in April, according to the U.S. Bureau of Labor Statistics — signs of job cuts are emerging. Last month, U.S.-based businesses … more »

When Mr. McGuire hustled Dustin Hoffman’s Benjamin away from the noisy party crowd, he only had one word for the newly minted college graduate: “Plastics.” While that single utterance from the movie The Graduate ranks high in the American Film Institute’s list of top 100 movie quotations (even higher than the film’s seminal “Mrs. Robinson, … more »