This Day On The Street
Continue to site
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

ING U.S. Investment Management Expands Its 529 Presence;

NEW YORK, April 3, 2013 /PRNewswire/ -- ING U.S. Investment Management (ING U.S. IM) announced that effective in March it became program manager for the advisor-sold portion of the state of Iowa's IAdvisor 529 Plan.  In this role, the firm handles all investment, product, marketing, sales and distribution, customer service and recordkeeping for the program.  ING U.S. IM assumed a similar role for the $1.3 billion Wisconsin Advisor-Sold Program, Tomorrow's Scholar, in November 2012. 

"We are extremely pleased to have been selected to manage the IAdvisor 529 Plan," said Mark Spina, head of Intermediary Distribution at ING U.S. IM.  "This strategic win builds on our momentum in the advisor-sold 529 marketplace, which commenced when we were named program manager of the advisor-sold Wisconsin Tomorrow's Scholar 529 Program last November.  We believe that, given our expertise managing retirement assets, we are well suited to serve the needs for college savings, which surveys indicate is the biggest concern of investors.  Our mission is to help advisors and their clients meet their investment objectives with confidence." 

Spina added that effective support and education is important for financial advisors seeking to initiate and build 529 client relationships.  To that end, ING U.S. IM's 529 website showcases the customized tools that empower advisors to better assist clients and prospects in understanding and embracing 529 plans as effective vehicles for college savings.  

"We want to make it easier for advisors to utilize 529 solutions with their client base," added Spina. "We believe there is significant opportunity for advisors to introduce college savings programs in the years ahead.  529s have not yet been tapped by a significant portion of the population, and we believe the combination of more favorable demographics, rising college costs and the plan's intrinsic tax and estate planning advantages will make it increasingly important for advisors to guide investors to utilize 529s for this significant long-term investment objective."

1 of 2

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.69 -0.59%
FB $119.49 1.43%
GOOG $711.11 1.40%
TSLA $214.93 1.61%
YHOO $37.23 0.79%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs