Alliance Capital will begin allowing participants in Rhode Island’s 529 program to create customized portfolios based on nine different Alliance funds, becoming one of the first college savings programs that offers such an option, the company announced today.

In addition to the five investment portfolios currently available, Rhode Island participants will be able to create their own portfolios. Typically, college savings programs offer investors a set number of portfolios that have predetermined allocations of funds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.