This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Legg Mason's Scholars Choice® College Savings Program Dominates 3-Yr Performance Rankings From Savingforcollege.com

BALTIMORE, June 5, 2012 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) announced today that its Scholars Choice College Savings Program has locked up the #1 spot for advisor-sold 529 plans for the three-year period as of March 31, 2012, based on investment performance. For the first time, Savingforcollege.com gave Scholars Choice top honors for the three-year period both with and without the impact of fees. In addition, this is the tenth quarter in a row that Savingforcollege.com ranked Scholars Choice among the top 4 performing advisor-sold 529 plans for a quarterly rolling one-year period (including fees).

"Tuition continues to rise, making college affordability a major concern for parents right now," remarked Matt Schiffman, Head of Global Marketing for Legg Mason. "With its solid results and active management, Scholars Choice helps investors make the most of their savings, putting college within reach for investors nationwide."

Joseph Hurley, founder and CEO of Savingforcollege.com, noted, "A proven track record is an important criterion to consider when choosing a 529 plan. In fact, over time plan performance may even trump the value of the state tax benefit. Investors and their financial advisors would be wise to factor this into their analysis."

Savingforcollege.com—an independent informational website owned by JFH Innovative LLC — is generally regarded by industry professionals as one of the leading experts on college savings. Scholars Choice is managed by Legg Mason's independent investment firm, Legg Mason Global Asset Allocation, and distributed by Legg Mason Investor Services for the State of Colorado.

Ranking Methodology

The Savingforcollege.com Plan Composite Rankings, which rank Class A Unit portfolio performance for a universe of advisor-sold 529 plans, apply to the rolling one-, three-year periods through the end of each calendar quarter.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs