AKF Blog


we have a lot of thoughts about the 529 industry. Important topics like downward fee trends, program manager rebids, new product developments, and even the Veep’s Task Force, to name just a few. We have our bird’s eye view and we want to share it with you.

So we invite you to follow us on Twitter – 529Source – and to visit this blog frequently. We’ll tell you what we’re thinking and we hope you’ll tell us, too. We need to elevate the college savings conversation – across states, program managers and advisors alike. That’s what we intend to do. Please join us. Read Now>

  • “Winning the Future” Means Saving For CollegeJanuary 26, 2011

    In Monday’s New York Times, Tamar Lewin reported that student tuition is now covering an increasing percentage of the cost of an education at public universities across the country. This is due to increasing budgetary pressures on the states and thus their limited abilities to subsidize the cost of a public college. In highlighting the challenges faced by states like California, South Carolina, Texas and even Georgia, the article implicitly makes the case for saving for college. And, how appropriate that last weekend’s Wall Street Journal included a summary of college savings vehicles by Jane Kim, which made clear that there are many pieces to the college funding pie.

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  • What’s The Consumer Really Thinking?January 18, 2011

    It was reported on Friday that the University of Michigan Consumer Sentiment fell unexpectedly for the month of January on the news of higher gas prices and higher than expected unemployment rates. On the same day, the Dow Jones Industrial Average finished up 54 points (0.5%), the S&P 500 increased by 9 points (0.7%), and the NASDAQ closed up 20 points (0.7%). According to theStreet.com, “The Dow and S&P 500 have now gained ground for seven consecutive weeks. This week, the Dow rose 0.9%, the S&P 500 shot up 1.7%, and the Nasdaq was the biggest winner, surging nearly 2%.”

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  • 529 Programs in Play – Real Opportunities AheadJanuary 13, 2011

    The California Treasurer’s Office announced today that it intends to issue an RFP for Program Management before the end of January. The Tennessee Treasurer’s Office announced last week that it will explore new Program options this year. The New York Comptroller’s Office issued an RFP for Program Management services on December 22. Add these to the Missouri Program Management RFP that is well underway, and we have real assets at stake and, more importantly, real opportunities for program changes. Between California, New York and Missouri alone, we are looking at more than $15 billion in assets under management under review. And, in Tennessee, we once again find an opportunity to create something from scratch that has the potential for national appeal.

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