Diapers to Diplomas
Strategic’s Senior Advisor, Melissa Fernalld, breaks down UTMA and UGMA custodial accounts which are used to invest and save for your children. In this article, she discusses the following topics:
- What are custodial accounts?
- The Good
- The Bad
- The Ugly
- Final Thoughts
Plenty to Consider When it Comes to Paying for College
Strategic’s Senior Advisor, Greg Mattacola, provides his thoughts on paying for college. In this article, he weighs in on the following topics:
- The 529 Plan
- Issues keeping up with rising college costs
College Costs - and Student Debt - Keep Growing
In addition to paying for college, Greg Mattacola dives into ever-growing college costs and student loan debt. He breaks down the following issues:
- National Averages
- Student Loan Debt
- Finding Direction
Enhanced Benefits of 529 Plans under the SECURE Act 2.0
While 529 savings plans have traditionally been used to fund college expenses, the recent implementation of the SECURE Act 2.0 introduces new changes that will broaden their utility. This article tackles two main elements:
- Key Changes and Considerations
- An Illustrative Example
Founded in 1979, Strategic is a leading investment and wealth management firm managing and advising on client assets of over $1.8 billion.Overview
Strategic Financial Services, Inc. is a SEC-registered investment advisor. The term “registered” does not imply a certain level of skill or training. “Registered” means the company has filed the necessary documentation to maintain registration as an investment advisor with the Securities and Exchange Commission.
The information contained on this site is for informational purposes and should not be considered investment advice or a recommendation of any particular security, strategy or investment product. Every client situation is different. Strategic manages customized portfolios that seek to properly reflect the particular risk and return objectives of each individual client. The discussion of any investments is for illustrative purposes only and there is no assurance that the adviser will make any investments with the same or similar characteristics as any investments presented. The investments identified and described do not represent all of the investments purchased or sold for client accounts. Any representative investments discussed were selected based on a number of factors including recent company news or earnings release. The reader should not assume that an investment identified was or will be profitable. All investments contain risk and may lose value. There is no assurance that any investments identified will remain in client accounts at the time you receive this document.
Some of the material presented is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Strategic Financial Services believes that such statements, information, and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information and opinions.
No content on this website is intended to provide tax or legal advice. You are advised to seek advice on these matters from separately retained professionals.
All index returns, unless otherwise noted, are presented as price returns and have been obtained from Bloomberg. Indices are unmanaged and cannot be purchased directly by investors.