Mutual fund companies looking to increase product offerings beyond their wealthy client base are offering free financial checkups or inexpensive plans for less affluent households, according to Ohio's Akron Beacon Journal.

At Vanguard, the no-load mutual fund company, clients with more than $250,000 in assets or who deposit $100,000 in new assets are able to speak by phone with a salaried certified financial planner, who will draw up a customized financial plan and perform a checkup a year later, for free. For customers with less than the minimum assets the service costs $1,000.

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