Advisor Center

The Tomorrow’s Scholar 529 Plan is a customizable, multi-manager plan with flexible pricing that can help you grow your business in a growing segment of the market.

Holiday Gifting Resource Center

Visit our Holiday Gifting Resource Center for the tools you need to build your business, including gift cards and information on accelerated gifting rules.

A Growth Opportunity

  • According to the College Savings Plans Network (CSPN), 529 plan assets grew 16% from the prior year to $319.1 billion as of year-end 2017, while the number of accounts rose 3% to 13.3 million
  • With student loan debt reaching over $1.56 trillion1, it is important to find an opportunity for your clients to save

A Variety of Prospecting Possibilities

  • Parents of young children
  • Grandparents, family and friends
  • As an estate planning tool for affluent families
  • Capture existing 529 plan rollovers
  • 529 and college savings planning in general can help strengthen and expand existing business

Business-Building Tools

  • College Funding Planner - Translate clients' college savings needs into a manageable number using a database of over 3,500 colleges that takes into account financial aid/loans, multiple children and customizable “what if” scenarios
  • Gift Cards - Pass out to clients to use for birthdays, holidays, graduation gifts or as part of year-end tax planning
  • Literature - Use our materials to explain the value of 529s and make it easy for clients to invest

Plan Flexibility

  • Minimums as low as $25 a month through automatic investing
  • Maximums as high as $505,000 per beneficiary
  • Unique estate planning features can remove up to $150,000 from a taxable estate per beneficiary
  • Option to change beneficiary to another eligible family member
  • Parents can control assets
  • Joint account ownership permitted

Investment Flexibility

  • Nine age-based options that automatically reallocate as child approaches college age
  • Five static risk-based options
  • Create your own portfolios from 23 single fund options from leading asset managers, including real estate and alternatives

Unique Rollover Share Class (AR)

  • Investors can roll over from another 529 plan without paying A share sales charge
  • Up-front 1% advisor reallowance (subject to firm rules)
  • Outgoing rollover fee reimbursed into clients account for amounts >$25,000 (up to $75 per rollover)
  • Automatic conversion to Class A shares in the second year of ownership

Source: Strategic Insight, 3Q 2018 SI 529 Update Quarterly, May 2018