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Mr. Gross set up shop at Janus, a competing fund company, in an office with a full view of his former employer's building in Newport Beach, Calif.
It expires Sept. 1, though 529 experts said it was their understanding that the state had yet to send out requests for proposals from competing fund managers.Andrea Feirstein, managing member of AKF Consulting Group, a 529 consultant, said she suspected that the request was delayed in exchange for a reduction in fees.
A competing fund family poked fun.
Could the competing fund vendors eliminate their marketing expenses?
The typical competing fund these days turns over its portfolio in a little more than a year.
Vanguard's 1997-founded competing fund is ranked 24th among all the nation's charities, and the donor-advised funds of Charles Schwab, Goldman Sachs, Citigroup and Bank of America are coming up fast.
Similar(53)
In exchange, Harvard plans to absorb Radcliffe's assets, including 20 acres of prime Cambridge property, and supplant its administration.The impending merger promises to end a history of peevish spats over campus buildings and competing fund-raising campaigns.
This concealment of investments protects them from competing funds, claim the 20-percenters.
Its portfolio is concentrated in issues with maturities of seven to 15 years, which is shorter than competing funds.
Both budgets include about $5 million to provide "cost of competing" funds for non-teaching staff at Northern Virginia schools.
After all, Quinn argues, wasn't Laws idea of compulsory health insurance payments into competing funds a really good idea.
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