As a parent, building and nurturing a fruitful future for your children should be one of your top priorities. To ensure that they have a stable economic future, you should invest for their future as well. Nowadays, there is no dearth of choices when it comes to child investment opportunities. Although having many companies and plans to choose from is inherently a good thing, the challenge is that the process of deciding the right place to put your children’s money can be overwhelming and confusing. Therefore, you will need to work with an independent investment professional not affiliated with any specific child fund or investment provider for an objective expert opinion and financial advice.
The CGMA Group, LLC has experienced financial consultants with experience and up-to-date information about child investment funds and plans throughout the United States. Under the Uniform Gifts to Minors Act (UGMA), children in the United States can own properties such as securities. We can advise you on this if you decide to secure the financial future of your children through the securities market. Another example of child investment is the 529 savings plan. Under this plan, you can open a savings college account for your child and use it to pay for tuition, books, boarding, and computers among other academic expenditures.
There are many ways to invest for the future of your children. The CGMA Group, LLC will assist you in the process of deciding the right plan for you depending on your needs and financial objectives.
Diversification and asset allocation strategies do not assure profit or protect against loss.