Financial Planning

Ameriprise Financial announced that Allegiant Private Wealth, formerly of Merrill Lynch, has joined its independent advisor network. The Maryland-based wealth advisory practice, led by Christine Selzer, brings over $300 million in assets. This move reflects a strategic shift for Allegiant, seeking greater autonomy and a focus on financial planning. Ameriprise sees this as a key part of attracting experienced financial advisors.

T. Rowe Price released a report offering a college savings roadmap for parents. Authored by Roger Young, the report provides age-based benchmarks, emphasizes flexibility in savings strategies, and highlights the benefits of 529 plans. It aims to help families navigate rising college costs by offering actionable insights and a strategic approach to achieving their educational savings goals.