FPA Debuts School Planning Certificates Program For Dealer-Vendor Monetary Advisors
The Denver-based Monetary Planning Affiliation has partnered with School Support Professional, a school planning software program developer headquartered in Dublin, Ohio, to supply monetary advisors a certificates course in school planning.
The course, known as “School Planning Made Straightforward: An FPA Certificates Program,” is designed to assist planners higher perceive methods to help their shoppers with the problem of financing a school schooling. Advisors who take the course qualify for 4.5 CFP CE credit. It takes 4 hours to finish the course by way of the FPA’s on-line Studying Heart.
Planners taking the course will learn to challenge a household’s monetary support and out-of-pocket price at totally different establishments. They can even learn to create a school funding plan so college students will graduate with manageable debt whereas mother and father will nonetheless be capable of save for their very own retirement. The course moreover helps advisors perceive the important thing variations in federal and institutional formulation used to calculate a household’s anticipated contribution for need-based monetary support eligibility. And the course will assist advisors perceive the pending modifications and planning alternatives stemming from the FAFSA Simplification Act, which modifies the Free Utility for Federal Pupil Support.
The course is accessible to members at a $199 charge, and to nonmembers at a $299 charge. Upon finishing the course, monetary planners can even obtain one month of complimentary entry to the School Support Professional Advisor Workstation and a complimentary one-on-one session with a member of the School Support Professional workforce.
Transamerica Introduces Office Emergency Financial savings Accounts
Transamerica, headquartered in Cedar Rapids, Iowa, has partnered with Millennium Belief Firm and SecureSave to supply emergency financial savings accounts as a brand new worker profit.
The brand new providing is designed to assist staff save for sudden occasions which will have an effect on their potential to contribute to or protect their office retirement financial savings account, the corporate stated.
Employers are in a position to decide on one among Transamerica’s pre-selected suppliers—both Millennium Belief or SecureSave. Each suppliers allow employers to supply a simple option to supply and handle an emergency financial savings fund as a office profit. And Transamerica’s multi-provider strategy offers employers the flexibility to match their firm’s wants with the perfect resolution for his or her staff.
Workers utilizing the accounts can mechanically save a portion of their common paychecks to construct an emergency financial savings fund. To incentivize staff to ascertain the accounts, employers can contribute to them as properly.
Transamerica’s emergency financial savings choices, that are FDIC-insured as much as the usual most deposit insurance coverage quantity of $250,000, present staff with an entire financial savings resolution that’s automated and simple to deploy.
Transamerica is now a part of the Netherlands-based Aegon group of firms.
Raymond James Declares New Advisor Affiliation Possibility
Raymond James, a diversified monetary companies agency headquartered in St. Petersburg, Fla., has unveiled a brand new affiliation choice for unbiased monetary advisors.
The “company registered funding advisor” mannequin permits fee-only advisors to make use of the agency’s company RIA to supply funding recommendation suggestions whereas working as unbiased contractors—with out the necessity to set up and handle an unbiased RIA of their very own. Associates of the brand new mannequin have limitless entry to the agency’s infrastructure of advisor companies, which embody wealth administration methods for a number of life levels; turnkey asset administration choices; lending companies; insurance coverage and analysis companies; and entry to specialists in every division.
A strong, built-in know-how platform helps advisors’ wants with cellular entry and integration capabilities and provides advisors entry to strategic and artistic advertising help. Associates utilizing the brand new mannequin additionally profit from the high-profile Raymond James model when advertising their companies.
Along with complete wealth administration companies, Raymond James supplies practices utilizing the brand new mannequin with succession planning consulting companies.
Raymond James Monetary Inc. has roughly 8,700 monetary advisors.
Paxos Launches Monetary Advisor Crypto Buying and selling For B-Ds
Paxos, a monetary know-how and companies firm headquartered in New York Metropolis, has debuted a monetary advisor crypto buying and selling service.
The service, positioned inside the Paxos Crypto Brokerage, permits broker-dealers to supply their affiliated monetary advisors crypto trades on behalf of their shoppers. Dealer-dealers can permit registered advisors and monetary advisors to commerce or handle finish person belongings at their discretion. The device verifies advisor identities to fulfill compliance necessities by way of unbiased sanctions screening. It attaches an advisor to each transaction to create a documented file of discretion for every commerce.
Based in 2012, Paxos Belief Firm, marketed as Paxos, is a monetary establishment and know-how firm specializing in blockchain.